Originally Posted By: SeaJay
I may not know the market very well, but by me there seem to be a ton of low mile late model cars on the lower to mide end of the spectrum for sale that seem to be to be very inexpensive.
While that is not the case with PU's w/4 doors here in W. KY but it is for cars even as new as 2014. Zero/near zero easy car loans makes buying new very attractive.
Last year at age 17 both kids were asking for college vehicles and they picked out their own. The daughter went for a Dodge 2007 Dakota Club cab and the son a 2002 Dodge Ram 1500 four door Plus (leather and all) and the prices were higher than I expected.
Jan of this year I picked up a 2006 Ford Five Hundred SEL with 110K miles for $5K. 6K miles later it seems to be as functional as new so far. I love it because it is Volvo 1998-2006 unmodified chassis with Ford skin/engine with a 6 speed Aisin transmission.
As an old man this is as nice of a car to drive as I have owned but I expect most young people are going to be best served by gone new entry/mid price. Most car loans are in the sub price rating I read so I guess that is a bubble to burst which if it does then there should be a ton of cheaper cars and pick up trucks. Hopefully we are set for five years at the house (we do have three drivable spares) and will look at where the market and our needs are then. It would be nice to get wife something smaller for retirement. As long as I can find mint like 50/100K vehicles at a fraction of new selling price I do not plan to ever buy new again. Between the ages of 650-95 I see a lot of fender benders. Deers around here is the best reason to not drive new vehicles around here. I brake like once a day or more for deer. Not sure why but having $$$ in a vehicle has lost it fun to me now.
I may not know the market very well, but by me there seem to be a ton of low mile late model cars on the lower to mide end of the spectrum for sale that seem to be to be very inexpensive.
While that is not the case with PU's w/4 doors here in W. KY but it is for cars even as new as 2014. Zero/near zero easy car loans makes buying new very attractive.
Last year at age 17 both kids were asking for college vehicles and they picked out their own. The daughter went for a Dodge 2007 Dakota Club cab and the son a 2002 Dodge Ram 1500 four door Plus (leather and all) and the prices were higher than I expected.
Jan of this year I picked up a 2006 Ford Five Hundred SEL with 110K miles for $5K. 6K miles later it seems to be as functional as new so far. I love it because it is Volvo 1998-2006 unmodified chassis with Ford skin/engine with a 6 speed Aisin transmission.
As an old man this is as nice of a car to drive as I have owned but I expect most young people are going to be best served by gone new entry/mid price. Most car loans are in the sub price rating I read so I guess that is a bubble to burst which if it does then there should be a ton of cheaper cars and pick up trucks. Hopefully we are set for five years at the house (we do have three drivable spares) and will look at where the market and our needs are then. It would be nice to get wife something smaller for retirement. As long as I can find mint like 50/100K vehicles at a fraction of new selling price I do not plan to ever buy new again. Between the ages of 650-95 I see a lot of fender benders. Deers around here is the best reason to not drive new vehicles around here. I brake like once a day or more for deer. Not sure why but having $$$ in a vehicle has lost it fun to me now.