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When I see many new cars at dealerships, just about every mid size family car starts at $27k for basic and typically priced around $33k and can be topped at $42k loaded.
Then Minivans now starts around $28k and usually $35k for mid-range then $44k for the loaded models.
What's even scary these days is that trucks start at $33k and a midrange one is around $39k and many different ways to get one up to the $50ks and even some in the $60k range.
A $20k car these days is a hatch back economy car.
To replace m6 truck with a new 2018/2019 model I’m looking at 65k. If I want a crew cab add 2-3k. For a loaded platinum model I’m looking dead on at 75k.
Yeah new cars are expensive, that’s why people lease or buy used
My first new car was a 2002 Acura RSX around $23k. Which if you adjust for inflation is 32,236.56 in 2018 dollars. Can buy equivalent sporty hatches for well under that.
When I see many new cars at dealerships, just about every mid size family car starts at $27k for basic and typically priced around $33k and can be topped at $42k loaded.
Then Minivans now starts around $28k and usually $35k for mid-range then $44k for the loaded models.
What's even scary these days is that trucks start at $33k and a midrange one is around $39k and many different ways to get one up to the $50ks and even some in the $60k range.
A $20k car these days is a hatch back economy car.
I just bought my first brand new car. A Honda Civic EX-T, $21,500. Payment is $251 a month, over six years, but I plan on paying it off in 3 years. My wife and I don't have kids and fits our needs perfectly. Has heated seats, moonroof, 7" touchscreen, great MPG, keyless entry, remote start, cameras, foglights, etc. I know what your saying though. If we got a larger car, they do get expensive, especially with added features. Van's and SUV's are way too much.
I just bought my first brand new car. A Honda Civic EX-T, $21,500. Payment is $251 a month, over six years, but I plan on paying it off in 3 years. My wife and I don't have kids and fits our needs perfectly. Has heated seats, moonroof, 7" touchscreen, great MPG, keyless entry, remote start, cameras, foglights, etc. I know what your saying though. If we got a larger car, they do get expensive, especially with added features. Van's and SUV's are way too much.
Back in 2001, I could've bought a Civic SI hatch for $18k. That car today is $25k . Honda Accord DX starts at $18k and loaded EX-L costs only $23k back then. Today that EX-L can set you back $30k.
While we complain about the price of inflation but the reality is that wages have not gone up as much as everything else has and that's the big problem.
Back in 2001, I could've bought a Civic SI hatch for $18k. That car today is $25k . Honda Accord DX starts at $18k and loaded EX-L costs only $23k back then. Today that EX-L can set you back $30k.
While we complain about the price of inflation but the reality is that wages have not gone up as much as everything else has and that's the big problem.
If your wages aren't keeping up with inflation you need to find a new career. Otherwise you're doing the same(or more) work every year for effectively less money and everything is more expensive, not just cars.
Yeah there are a number of good reliable vehicles under $20k and interest rates are still crazy low and have long warranty terms. One of the better times to be buying new cars in history.
Many, like me feel that used cars can offer better value.
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