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Don't look at used Jeep Wrangler prices, you'll punch a baby in the face. Sucks for someone wanting a Wrangler for a toy, just want a nice 2005 sport for $5K. lol
Look for a domestic car, they will get you in the price you want. People are crazy paying these prices for a well used Honda, Toyota, Subaru, or a Nissan.
Location: East of Seattle since 1992, 615' Elevation, Zone 8b - originally from SF Bay Area
44,550 posts, read 81,117,303 times
Reputation: 57755
Not only do cars last longer now (100,000 is the new 50,000) but used prices are staying high because of low inventory. In this economy may people can't afford new or can't qualify for the loan, so they buy used and that drives up prices. For what you would pay for a used Acura or Lexus with 100,000 miles you can buy a new Kia or Hyundai, even a Ford Focus if you get a good deal.
Every where i look i keep seeing cars like this one
2004 Acura TSX 100,000 $12,900 2004 Acura TSX 5-speed AT 4-Door Sedan [7860]
I'm i missing something?
I just want to buy something nice to drive for a year till i give it to my daughter
That car is pretty clean, and its not an entry level car either. Your looking at a dealer selling it also so i bet they inspected it somehow.
Location is a huge deal also.
My friend is stationed in Alaska, He was looking at late 90s VW jettas. The average price for one was like 7000. Here in CT they go for no more than 2500. I know its Alaska but still..
I do believe the price you mentioned is too high for the car you're looking at. But I was simply pointing out that some vehicles hold their value, because buying a new one is so outrageously expensive.
Yes, now they MSRP at 30k, not 50k.
Personally, I wouldn't buy a nine-year-old car with 100k+, even a Honda, for 50% of what they sold for new. I encountered the same thing when I suddenly had to replace my Accord when some teenagers decided to spin into oncoming traffic at 100 mph. I'm glad I was the third car they hit and not the first, but still it meant getting a new car. Initially, I planned on getting something 3-5 years old. The problem was except for a few beat up Volkswagen Golfs they were all quite a bit more than I was willing to spend. The ones in good mechanical and cosmetic shape were within a few thousand dollars of what brand-new cars could be had for. Paying $2-3k less for a used car with ~50-60k than a new one... why? Partly that was it being basically the height of Carmageddon, so new prices were very good.
The very cheapest TSX starts at about $32,000. They go up from there - to roughly $42,000. Add tax & license and, well... Let's just say it ain't a Hyundai.
Personally, I wouldn't give $5,000 for the car the OP is talking about. But I do understand why they're as high priced as they are.
Location: We_tside PNW (Columbia Gorge) / CO / SA TX / Thailand
34,698 posts, read 58,012,579 times
Reputation: 46172
Why do cars with 100,000 miles still costs so much?
Must be a B4V Passat TDI wagon with 300k, found for $2000 and resold for $12k by the Green Car Company
'Greenies' will pay DEARLY for grease power.
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