Looking for a new car under $20,000? Good luck. Your choice has dwindled to just one vehicle
Looking for a new car under $20,000? Good luck. Your choice has dwindled to just one vehicle
Just five years ago, a price-conscious auto shopper in the United States could choose from among a dozen new small cars selling for under $20,000.
At a time when Americans increasingly want pricey SUVs and trucks rather than small cars, the Mirage remains the lone new vehicle whose average sale price is under 20 grand — a figure that once marked a kind of unofficial threshold of affordability. With prices — new and used — having soared since the pandemic, $20,000 is no longer much of a starting point for a new car.
This current version of the Mirage, which reached U.S. dealerships a decade ago, sold for an average of $19,205 last month, according to data from Cox Automotive. (Though a few other new models have starting prices under $20,000, their actual purchase prices, with options and shipping, exceed that figure.)
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I don't think you hate telling people that.
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'Enjoy' is probably a better term.
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I hate to break it to you, but it was fun giving you a hard time :)
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<3
Alright bub. You tried buying a car in the last 3 years?
That's why I bought an 18-year-old Porsche. I'm a sly one.
You're supporting a local mechanics shop at this point
I have a recurring service appointment every two weeks where I drop off the car and throw a stack of money at them.
Actually, it's a reliable car, but the previous owner ignored a few big service items. Now that those are done, it's cheaper to maintain than you might think.
You have any recommendations on how to find a good range EV used?
Sit down and wait? Yeah that's not great
You mean the used ones that will need a battery replacement in the near future?
This has been debunked
Build one of those custom jobs that runs on fry oil?
Several companies, including Tesla and NASA, are working on new battery technology as we speak. I'm guessing by 2030, the technology will be wide spread and available for commercial use, and so by then there will be electric cars that have way better range, and as they become more economically available, the price in the long run will go down. So my recommendation is to wait about 5 years before investing in an electric car.
If you really can't wait, Tesla and hopefully other brands have short term leasing options, where you can pay a monthly fee to lease the vehicle.
2030 is more than 5 years from now.
People who need cars can't wait 7 years to buy one.
Also, fuck Tesla. Fucking death traps.
Not only that, the new technology will be pretty expensive initially. I say wait another 5 years for prices to come down.
I've been waiting for aptera, but I think my current vehicle will finish falling apart before they finally come out. I'm going to look for a battery replacement on a bolt.
Leasing is terrible, I'll pay much much more over the lifetime of the vehicle. I can afford the money, I just don't want anything expensive or fancy.