boem@lemmy.worldcake to Technology@lemmy.worldEnglish · 9 months agoMore Than 80 Percent Of Americans Can’t Afford New Carsjalopnik.comexternal-linkmessage-square176fedilinkarrow-up1615arrow-down136cross-posted to: hackernews@derp.foo
arrow-up1579arrow-down1external-linkMore Than 80 Percent Of Americans Can’t Afford New Carsjalopnik.comboem@lemmy.worldcake to Technology@lemmy.worldEnglish · 9 months agomessage-square176fedilinkcross-posted to: hackernews@derp.foo
minus-squareBuffalox@lemmy.worldlinkfedilinkEnglisharrow-up3·9 months agoI was told in the 90’s that in America if your car was 3 years old, your neighbor might worry you weren’t doing too well, and you could buy 6 year old luxury cars for peanuts.
minus-squareangstylittlecatboy@reddthat.comlinkfedilinkEnglisharrow-up2·edit-29 months agoLuxury cars are notorious for not holding their value, unless by “luxury” you mean performance cars, so that’s normal. I was born after the 90s so I wouldn’t know, but generally speaking I’d always heard the average car in America is ten years old.
I was told in the 90’s that in America if your car was 3 years old, your neighbor might worry you weren’t doing too well, and you could buy 6 year old luxury cars for peanuts.
Luxury cars are notorious for not holding their value, unless by “luxury” you mean performance cars, so that’s normal.
I was born after the 90s so I wouldn’t know, but generally speaking I’d always heard the average car in America is ten years old.