this post was submitted on 26 Jan 2024
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[–] xpinchx@lemmy.world 3 points 7 months ago (1 children)

I live in a shitty neighborhood. The amount of Audi, bmw, Porsche SUVs is crazy.

[–] greybeard@lemmy.one 6 points 7 months ago (1 children)

The trick is, luxury cars drop in value insanely fast. A 2 year old Audi is often about the same price as a new Honda. The problem these people don't account for is maintenance costs. They think they are getting a deal, then they are getting dragged down by an unreliable vehicle that they can't afford to fix.

[–] macrocephalic@lemmy.world 1 points 7 months ago

Yeah I've been keeping an eye on old beaters just to drop my kids to school and a 20yo Volvo SUV is as cheap as a 20yo Mazda.