With an average U.S. new-vehicle selling price of just over $45,000 last month, many can’t afford to buy new — even though prices are down more than $2,000 from the peak in December of 2022, according to J.D. Power.
Or perhaps people are starting to realize that you don’t need a new car as soon as your 5-year loan is paid off.
I do okay financially; if I wanted a new car, I’d buy one. I bought mine brand new off the lot 15 years ago, and I intend to keep driving it until I can no longer repair it. Why would I possibly want to buy a new, 5G-connected, spyware-infected plastic shitbox when what I have works perfectly well and probably has another 100k miles of life with a few minor repairs and maybe an engine swap at 2-300k or so?
My 2010 Passat Wagon has 211000 Miles and is about to get its first set of new shocks/struts. some big things I had to replace were the mechatronics and rebuilt the cylinder head. Cylinder head was because I ignored a timing issue with the chains. Chime in if you have high mileage.
Only reason I am thinking of replacing our car is because a BEV would pay for itself fairly quickly if I hear back from a job I applied to that has a 50 mile round-trip commute. Gas alone would be an extra $1000 per year compared to our current 11 year old vehicle.
For sure. I had my last car for 20 years until it finally NEEDED to be replaced. And my current car I’ve had for five years. After paying it off early, I’ve enjoyed not having that payment, and I hope it lasts just as long as my last car.
I’m not OP, but if wanting cars that have physical buttons and cars that don’t charge me subscription fees makes me a boomer, then I guess I’m a boomer.
Or perhaps people are starting to realize that you don’t need a new car as soon as your 5-year loan is paid off.
I do okay financially; if I wanted a new car, I’d buy one. I bought mine brand new off the lot 15 years ago, and I intend to keep driving it until I can no longer repair it. Why would I possibly want to buy a new, 5G-connected, spyware-infected plastic shitbox when what I have works perfectly well and probably has another 100k miles of life with a few minor repairs and maybe an engine swap at 2-300k or so?
Only reason Id buy a new car is to get a full electric, affordable, nontesla that has more than 150 horsepower.
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Same, my 2013 Sonata Hybrid has ~80’000 miles (130k km), paid off yeeeaaarrrsss ago, no problem with it, why change?
My 2010 Passat Wagon has 211000 Miles and is about to get its first set of new shocks/struts. some big things I had to replace were the mechatronics and rebuilt the cylinder head. Cylinder head was because I ignored a timing issue with the chains. Chime in if you have high mileage.
Only reason I am thinking of replacing our car is because a BEV would pay for itself fairly quickly if I hear back from a job I applied to that has a 50 mile round-trip commute. Gas alone would be an extra $1000 per year compared to our current 11 year old vehicle.
For sure. I had my last car for 20 years until it finally NEEDED to be replaced. And my current car I’ve had for five years. After paying it off early, I’ve enjoyed not having that payment, and I hope it lasts just as long as my last car.
How to sound like a boomer without saying you’re a boomer.
“It’s just more stuff to break! I don’t need none of that wifi or internets and touch screens or whathaveya”
I’m not OP, but if wanting cars that have physical buttons and cars that don’t charge me subscription fees makes me a boomer, then I guess I’m a boomer.
What a strange take. In fact most highly technical people tend to want simple unless they have enough money to treat things like cars as toys.
Ya if you don’t like pissing your money away that makes you a boomer!
Sick take chief.