I’m curious. What car did you buy? I hate how everything is so inflated. I bought a mint civic si for 8 grand like 6 years ago. I kinda want insight/realize everything is fucked.
Comment on More Than 80 Percent Of Americans Can’t Afford New Cars
Nommer@sh.itjust.works 8 months ago
Just bought an 11 year old car for 12k. Because a new one would’ve wiped out my savings and then some after saving for 5 years to replace my 20 year old car. Nobody can afford shit.
HotboxedSubmersible@lemmy.world 8 months ago
Specific_Skunk@lemmy.world 8 months ago
We picked up a 12 year old civic hatchback before Covid for 5k and it was in immaculate like-new condition, low miles. It got totaled right after our other car’s engine finally wore out. I then found a 10 year old Toyota for 16k. It was the lowest price in a 200-mile radius for cars/small trucks with under 150k miles on them that weren’t limping/totaled/savaged.
It was fucking flabbergasting.
Nommer@sh.itjust.works 8 months ago
You got yours 6 years ago. 8k was about average for a decent used car then. Now you’re paying almost full price for a 5 year old car or if you’re okay with a shit box that may or may not last then you can drop 5k.
lustrum@sh.itjust.works 8 months ago
People need to stop “pretending” they can afford all this shit, it’s not needed and noone cares, who are people showing off too?
New iphone? Don’t need it
Maybe if we stop buying shit these companies will actually try
tsonfeir@lemm.ee 8 months ago
They’ll just cut you off from your subscription if you don’t buy buy buy.
nilloc@discuss.tchncs.de 8 months ago
That’s all the 80 month car loans are at this point.
Tb0n3@sh.itjust.works 8 months ago
I bought a boat last year and now I want a bigger one. I’ve got lots of disposable income because I don’t live beyondy means. Lots of people carry credit card debt and spend stupidly. Don’t do that and you’ll likely be ahead of most people.
idiomaddict@feddit.de 8 months ago
The cost of a boat is primarily in upkeep, not price. You’ll see.
Tb0n3@sh.itjust.works 8 months ago
You say primarily. Only really on the long term. It’s mid 20 foot sail boats. I can learn to do fiberglass/painting, etc myself. Paying tradesmen is where the cost is.
SoylentBlake@lemm.ee 8 months ago
I bought a boat last year and now I want a bigger one…I don’t live beyond my means…spend stupidly…
🤯🤯🤯
Homie. You just bought the largest money sink there is. You can drop 20k into your 2k boat and when you turn around and sell it you’ll get your 2k back, that’s it, maybe. All the amenities are nice, but no one cares if the all the outlets match the drapes - that’s why buying either is stupid, financially.
Fences are another good example. They can cost tens of thousands…EASY. In fact if I heard a neighbor fenced even one side of their yard for under 5k id be in shock. They make a place more livable, more comfortable. They increase the likelihood of a sale but they don’t increase property value so you’re never getting a return on that money.
Be it fences, boats, outlet covers or drapes, those are all emotional purchases. Their value is subjective, so most find when it’s time to move on from them theyre the only ones who see that value.
Like go spend 5k on a couch. How much you think your gonna get for that? Or your mattress?
Better live on your next boat if you like life on the water. It’s literally the only way I’ve ever seen anyone who works for a paycheck hold onto a boat. A real boat. The kind that you have to moar and drydock once every few years. Only way.
Squizzy@lemmy.world 8 months ago
Dude not everything has to turn a profit, people are familiar with depreciating assets, they are allowed enjoy things though.
Honestly I thought fences was a euphemism because there’s no way you think people invest in fences for financial reasons. It’s for aesthetics and privacy.
Tb0n3@sh.itjust.works 8 months ago
It’s a hobby. I’m doing a proper checking to make sure everything is sound and not putting money in for it to look pretty, just to sail around and camp on the water on the weekend. Like I said I’m far from broke.