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Old 09-19-2023, 10:11 AM
 
Location: Vermont
11,755 posts, read 14,644,267 times
Reputation: 18518

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I just bought a Chevy Bolt EUV last month, like four weeks ago today.

It's the first car we've ever spent more than $20,000 on, but when I get my tax rebate back it will be pretty close.

The last car we bought before that was a 2017 Camry and it was around $18,000.
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Old 09-19-2023, 10:30 AM
 
19,113 posts, read 25,309,475 times
Reputation: 25423
Last year, I bought a Lexus NX 450h+. No, it was definitely not under $20k, and I paid cash.
Fortunately, I found a dealer that didn't add the typical $5k markup, and I was able to score my new vehicle for ~$55k after deducting the credit for my trade-in.
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Old 09-19-2023, 12:49 PM
 
5,743 posts, read 17,594,046 times
Reputation: 4793
Quote:
Originally Posted by jmellc View Post
I bought a 1984 Dodge Omni in fall of 1983. It was a good looking car and good riding but lots of trouble.
I bought a new Dodge Omni back then also, but mine was in the spring of 1985, so it was a 1985 model. Mine was the Carroll Shelby version -- the GLH -- not the GLH turbo -- in fire-engine red. Man that thing was a piece of junk. Got rid of it 18 months later because it was always in the shop. That was my first new car, and if I remember correctly, was about $7500.

https://www.hagerty.com/media/automo...-a-dim-decade/
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Old 09-19-2023, 07:03 PM
 
Location: Sandy Eggo's North County
10,289 posts, read 6,813,150 times
Reputation: 16835
Quote:
Originally Posted by OyCrumbler View Post

So when and what was the last vehicle you purchased new, and was it for under $20K?
I bought a 2018 Husky 701 Enduro, during 2018. Had to travel to Moorpark to get it. Saved about 4 grand.

Freedom Financial was offering 1.99% for 36 mos.

Think I paid $12ish K OTD.

Same bike today is 14K to 16K, IF you can find one....

Fun, fun, fun!

Goes thru tires like crazy, tho
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Old 09-19-2023, 07:30 PM
 
Location: Washington County, ME
2,025 posts, read 3,345,213 times
Reputation: 3244
I purchased a 2003 Toyota Tundra pickup - SR5 Access Cab, 4WD, V8, TRD off-road in 2002. It was not under $20K. (I think it was around $23K.) Still using it as my main vehicle; it has 153K miles.
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Old 09-19-2023, 07:37 PM
 
26,206 posts, read 49,012,208 times
Reputation: 31756
June 2016
Toyota RAV4 Hybrid
No.
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Old 09-19-2023, 09:35 PM
 
Location: Yakima yes, an apartment!
8,340 posts, read 6,779,917 times
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Quote:
Originally Posted by OyCrumbler View Post
The other topic has me wondering how well one of the purported reasons for the lack of $20K and under vehicles is that as vehicles have lasted longer and longer, these used vehicles have become greater and greater competition for the lower-end of the new vehicle market.

So when and what was the last vehicle you purchased new, and was it for under $20K?
Well, it was "New" to me 2005 Chevy Express 3500 bought it 2017 with 95K miles on it (College Van) had front end damage, garage fixed it, I bought it for $9400. Has 160K on it now. In about 6 years. Lived out of it for all this time, now considering letting it go. Probably for $3K as I've now landed at a retirement center and the buses are cheap.
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Old 09-20-2023, 07:56 AM
 
24,555 posts, read 18,230,382 times
Reputation: 40260
The last car I bought new for less than $20k out-the-door was a 2001 MK IV VW GTI 1.8t as a leftover in September at a discount. MSRP was a bit more than $20k. That was my commuter car for 6 years. I put 164,000 miles on it.

I’ve bought 10 cars in my life that were all new. The most recent in July 2022 had an MSRP something north of $40k.

I drove a family hand-me-down in High School and college. That was bought new as a stripped spare car in 1972 for $2,000. I got it in 1975.

Last edited by GeoffD; 09-20-2023 at 09:00 AM..
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Old 09-20-2023, 08:11 AM
 
Location: Huntsville
6,009 posts, read 6,659,943 times
Reputation: 7042
The last brand new vehicle we bought was a 2014 Toyota Venza Limited. It was $45k out the door.

We try to buy slightly used when possible to dodge some of the depreciation but even used vehicles are expensive. My wife's 21 Armada Platinum (21k miles when we got it) was still $62k.
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Old 09-20-2023, 08:14 AM
 
29,435 posts, read 14,623,440 times
Reputation: 14418
Quote:
Originally Posted by NewUser View Post
I bought a new Dodge Omni back then also, but mine was in the spring of 1985, so it was a 1985 model. Mine was the Carroll Shelby version -- the GLH -- not the GLH turbo -- in fire-engine red. Man that thing was a piece of junk. Got rid of it 18 months later because it was always in the shop. That was my first new car, and if I remember correctly, was about $7500.

https://www.hagerty.com/media/automo...-a-dim-decade/
I had an '86 2dr Shelby Charger. It was the turbo version. Man, that car was a lot of fun, and I beat the living snot out of it. Sort wish I could find a really clean one now.

Last edited by scarabchuck; 09-20-2023 at 09:41 AM..
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