Because every time I check on articles apparently “poor” people according to them are guys with 10000 euro ready to spend like that.

Also the apps for car buying seem broken, they only offer you totaled cars or cars that need serious work at low budgets.

  • Rhynoplaz@lemmy.world
    link
    fedilink
    arrow-up
    43
    ·
    19 hours ago

    First off, always remember this rule: The Poor spend more.

    When I was younger, I always bought cheap used cars because that’s all I could afford, and every year at inspection time I would have to dump hundreds or thousands into parts and labor to get it passable.

    About 7 years ago I bought my most expensive car, a barely driven '16 Toyota Camry. I’ve put over 100k miles on it since then, and it’s only ever needed typical upkeep like tires and brakes.

    Even though the monthly payments were much higher than all my other cars, it ended up costing less in the long run. It’s now paid off, and I’m still driving it with no issues.

    If you don’t have the credit to get good financing, work on that first. Then splurge on the Toyota, or other slightly higher quality brand. Search the Internet for reliability ratings. If a particular model is a piece of junk, people online will be happy to tell you all about it.

    • hendrik@palaver.p3x.de
      link
      fedilink
      English
      arrow-up
      8
      ·
      8 hours ago

      I believe there is a sweet-spot somewhere. A new car loses most of it’s value at the beginning. And it’s probably most effective to buy it with one year of minor usage or something. That way it’d cost way less an there’s still everything but one year in it.

    • some_guy@lemmy.sdf.org
      link
      fedilink
      arrow-up
      5
      ·
      17 hours ago

      This exactly. A cheap pair of boots will wear out and need to be replaced. A nice (expensive) pair will last forever. That’s why it costs less to be rich. Each item a rich person buys is higher quality and more likely to last forever or at least much longer.