Current Events > Finding a decent used car under $5k is a pain in the ass now

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littlebro07
06/09/22 9:53:30 PM
#1:


I just want something reliable with decent fuel economy

Theres a 2001 Volkswagen Jetta with 312,000 miles and they want 4k for it

what the actual fuck

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AloneIBreak
06/09/22 9:54:12 PM
#2:


If you want reliable, you wont get a Volkswagen

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Trumpo
06/09/22 9:54:48 PM
#3:


The age of a $800-2000 beater is over

Was it you or another poster who had a 97 Camry?

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littlebro07
06/09/22 9:55:43 PM
#4:


AloneIBreak posted...
If you want reliable, you wont get a Volkswagen

oh I know, just thought it was a good example of how ridiculous the market is right now

early 2000s Camry models are like 10k :(

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littlebro07
06/09/22 9:57:22 PM
#5:


Trumpo posted...
The age of a $800-2000 beater is over

it really is. I bought my first car at 18 for $1250 back in 2011.

1999 Nissan Maxima with 230k miles, ran like new. Original everything, cold AC.

Theres a 1999 Infiniti I30 which is literally a Maxima with an Infiniti badge with 220k for $8000.

fuck

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thronedfire2
06/09/22 10:06:00 PM
#6:


I got lucky and bought a 2013 Camry back in 2018

replaced my 2001 Impala

it was still $11000 though >_> but only 47k miles

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littlebro07
06/09/22 10:13:58 PM
#7:


I sold my 2015 Dodge Dart I owed like $7900 on to Carvana back in February for $9000. It was nearing 100k, dinged and scratched to hell, and the suspension was going out.

But now my wife and I just have one car. Its been fine most of the time since we both work from home full time, and the extra garage space is nice since we can just pull into the middle, but there have been several times where a second car would be great.

Ugh.

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SF_Okami
06/09/22 10:18:24 PM
#8:


I only lease. Only buying until my dream car becomes available.

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littlebro07
06/09/22 10:21:44 PM
#9:


Ooh, a 2007 Camry for $6000 with 220k

Beige with a tan interior

Its sofuckingboring.

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Trumpo
06/09/22 10:21:58 PM
#10:


SF_Okami posted...
I only lease. Only buying until my dream car becomes available.
That's a fancy way of saying rental

What is your dream vehicle?

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littlebro07
06/09/22 10:25:44 PM
#11:


Ooh, speaking of dream carswonder what late 90s-early 2000s Firebird/Trans Ams are going for nowI really wanted one when I was younger



$28 fucking thousand dollars are you fucking shitting me

alright fine, a 2000-2004 Mustang GT convertible?

$15k

I fucking quit

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SF_Okami
06/09/22 10:27:09 PM
#12:


Trumpo posted...
That's a fancy way of saying rental

What is your dream vehicle?
All wheel drive Mustang.

I want a mustang as my daily vehicle but its not possible where I live because of the weather

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ShineboxPhil
06/09/22 10:27:56 PM
#13:


littlebro07 posted...
I just want something reliable with decent fuel economy

Theres a 2001 Volkswagen Jetta with 312,000 miles and they want 4k for it

what the actual fuck

Reliable
312k miles (502 km)

Pick one

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LongJohnSilvers
06/09/22 10:28:51 PM
#14:


It's stupid to not buy a new car rn

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littlebro07
06/09/22 10:29:55 PM
#15:


LongJohnSilvers posted...
It's stupid to not buy a new car rn


I dont want a big payment, already paying $500 a month on our current vehicle plus getting a home equity loan soon to do a bunch of home improvement projects so would rather be able to buy a used car for cash

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SF_Okami
06/09/22 10:30:34 PM
#16:


Also yeah used cars are going for the price of new cars rn. Almost impossible to find preowned deals

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KiwiTerraRizing
06/09/22 10:31:02 PM
#17:


I bought a 78 T-bird in 2005 for $900, thing ran for a decade. Those days are gone.

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SamsungGearS2
06/09/22 10:33:51 PM
#18:


I bought a 2018 Corolla with 14k mi for $17k and change OTD in 2020, and Geico estimated it at $24k ACV when I renewed my insurance last year.

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littlebro07
06/09/22 10:35:12 PM
#19:


2005 Dodge Neon for $4995 lol

not even the SRT4, Id actually consider it if it was :(

Oh look, a bunch of trucks and SUVs are dirt cheap right now, I cant imagine why

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_BlueMonk
06/09/22 10:41:05 PM
#20:


Trumpo posted...
Was it you or another poster who had a 97 Camry
I have a 95 Camry. Oil leaks like crazy and the transmission grumbles from time to time but it's at 230k miles and still running

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Ivany2008
06/09/22 10:44:07 PM
#21:


If your looking for reliable, go for a Corolla. That thing lasted me a good 10 years before crapping out, and even then it was because of the bad weather in my area. Also... if someone is charging even 4 grand Canadian for a car with 300,000 miles on it, run hard and run fast.
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DespondentDeity
06/09/22 10:48:04 PM
#22:


I got my Sportage for 2 thousand , 105k miles

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#23
Post #23 was unavailable or deleted.
E_S_M_Z
06/09/22 10:49:47 PM
#24:


My altima ONLY has 150K miles on it. I'll sell it to you for a reasonable price.

So, $25,000 sound good in 2022 dollars? <_<

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TerraSeeker
06/09/22 10:52:40 PM
#25:


I didn't really feel like shifting through all the used cars for that rare gem, so I just got a 2020. I imagine I overpaid for it, but at least it's something I really like.

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Trumpo
06/09/22 10:53:33 PM
#26:


[LFAQs-redacted-quote]

Just city miles are rough for a vehicle

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SamsungGearS2
06/09/22 10:54:10 PM
#27:


E_S_M_Z posted...
My altima ONLY has 150K miles on it. I'll sell it to you for a reasonable price.

So, $25,000 sound good in 2022 dollars? <_<
Is it post 2006 with that god awful CVT?

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InTheEyesOfFire
06/09/22 10:56:30 PM
#28:


Yeah it sucks. I pine for the 96 protege I had back then all the time. That car could drive to hell, come back and want to do it again.

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littlebro07
06/09/22 11:04:49 PM
#29:


How the hell are there so many cars from like 2014-2016 with over 200k on them

Where the fuck are these people driving

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DespondentDeity
06/09/22 11:05:53 PM
#30:


Things like DoorDash, courier contracting, et cetera probably have a huge impact on the availability and quality of used cars.

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thronedfire2
06/09/22 11:06:02 PM
#31:


littlebro07 posted...
How the hell are there so many cars from like 2014-2016 with over 200k on them

Where the fuck are these people driving

probably old rental fleet cars

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littlebro07
06/09/22 11:07:19 PM
#32:


2009 BMW 328i with 145k for $7000

alright, whats the catch? This thing looks beautiful

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DespondentDeity
06/09/22 11:08:10 PM
#33:


littlebro07 posted...
2009 BMW 328i with 145k for $7000

alright, whats the catch? This thing looks beautiful

They missed the timing belt interval undoubtedly

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Unknown5uspect
06/09/22 11:11:04 PM
#34:


[LFAQs-redacted-quote]

Only issue with this is parts crapping out just because they're old. Something I had to deal with in my first car. 98 LeSabre, 75k miles, bought it in 2017.

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CanuckCowboy
06/09/22 11:15:04 PM
#35:


littlebro07 posted...
oh I know, just thought it was a good example of how ridiculous the market is right now

early 2000s Camry models are like 10k :(

Wut? My friend got a 2017 corrola for 14.5k.

But overall you're not wrong. Used car prices are absurd. Just like everything else now.

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El Mexicano Texano
06/09/22 11:15:55 PM
#36:


What state do you live in?

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Vicious_Dios
06/09/22 11:16:22 PM
#37:


Found the one you're looking for:

https://gamefaqs.gamespot.com/a/user_image/2/7/9/AANub5AADUtv.jpg

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littlebro07
06/09/22 11:17:25 PM
#38:


Vicious_Dios posted...
Found the one you're looking for:

https://gamefaqs.gamespot.com/a/user_image/2/7/9/AANub5AADUtv.jpg

hnnnggghh


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yemmy
06/09/22 11:18:55 PM
#39:


littlebro07 posted...
Ooh, a 2007 Camry for $6000 with 220k

Beige with a tan interior

Its sofuckingboring.

Holy shit that's a lot of money for that many miles.

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littlebro07
06/09/22 11:19:00 PM
#40:


Honestly Id lease a Kia Forte or Toyota Corolla if I could get one under $200 a month. Like the good old days when those models were easily had for those lease prices with zero down as long as your credit was fine.

I have credit in the 760s but Id probably still need to put like 3k down to still end up with a $300 payment on one

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rpg97
06/09/22 11:21:46 PM
#41:


Hey jack, we are building back better, now enjoy that overpriced car so you can put overpriced watered down gas in it.

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littlebro07
06/09/22 11:24:49 PM
#42:


Actually holy shit the new Elantra looks badass

time to check lease deals

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El Mexicano Texano
06/09/22 11:28:46 PM
#43:


2005 Ford Focus for $5k with 98k miles, no accidents and single owner that's the best car I found closest to me

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Trumpo
06/09/22 11:31:46 PM
#44:


littlebro07 posted...
Actually holy shit the new Elantra looks badass

time to check lease deals
Elantra N or bust

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NoxObscuras
06/09/22 11:42:34 PM
#45:


Yeah, the used car market is terrible. My Honda dealer finally stopped pestering me about buying my 2016 Civic (these are going for $18k-$20k used in my area) from me. Bet they'd make a nice profit off of me if I caved lol.

El Mexicano Texano posted...
2005 Ford Focus for $5k with 98k miles, no accidents and single owner that's the best car I found closest to me
That's actually not bad... Ford though, but $5k

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SamsungGearS2
06/09/22 11:45:42 PM
#46:


OP, I have no judgement on how you want to light your money on fire, but if your credit is good enough to lease, knowing you need x money down and a small monthly payment, then why are you bitching about a $5k total price? Get a car loan for like $10k over 48 months (about 200/month sans interest), and use that $3k down or so to get a 5-7 year old car.

ETA: Or, don't. I don't give a fuck how you want to spend your money as long as it helps you sleep at night, but your logic of leasing and total price are contrasting one another.

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kelemvor
06/09/22 11:46:29 PM
#47:


So I have a fully loaded 2014 Mazda 3 that I need to sell and I was thinking of asking $9000 for it. Maybe I'm going to ask too little? It's the Grand Touring with all the option boxes ticked. HUD, leather, adaptive cruise, ect... 116K miles. Some dings and scratches but no major damage. Brand new tires too. I spent almost $1000 on those tires.
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littlebro07
06/09/22 11:50:38 PM
#48:


kelemvor posted...
So I have a fully loaded 2014 Mazda 3 that I need to sell and I was thinking of asking $9000 for it. Maybe I'm going to ask too little? It's the Grand Touring with all the option boxes ticked. HUD, leather, adaptive cruise, ect... 116K miles. Some dings and scratches but no major damage. Brand new tires too. I spent almost $1000 on those tires.


Do a Carvana appraisal. Probably like 12-13k

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littlebro07
06/09/22 11:52:03 PM
#49:


SamsungGearS2 posted...
OP, I have no judgement on how you want to light your money on fire, but if your credit is good enough to lease, knowing you need x money down and a small monthly payment, then why are you bitching about a $5k total price? Get a car loan for like $10k over 48 months (about 200/month sans interest), and use that $3k down or so to get a 5-7 year old car.

ETA: Or, don't. I don't give a fuck how you want to spend your money as long as it helps you sleep at night, but your logic of leasing and total price are contrasting one another.

Im going back and forth between wanting no payment ($5k or less since I have like $5k set aside) or a small payment on something new with a warranty

Im also running on little sleep so Im not exactly thinking logically


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SamsungGearS2
06/10/22 12:00:13 AM
#50:


littlebro07 posted...
Im going back and forth between wanting no payment ($5k or less since I have like $5k set aside) or a small payment on something new with a warranty
If I were you, I'd take the 5K and use it as a down payment and buy something CPO with a warranty (when I bought my aforementioned Corolla, I got a year of ToyotaCare and RSA and a 7yr/100k mile extended powertrain warranty included), assuming you can find something in your price range.

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