Why Affordable Cars Don’t Exist Anymore 👀
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- เผยแพร่เมื่อ 21 ส.ค. 2024
- Explore the skyrocketing prices of classic cars and the decline of affordable options in "The Downfall of Affordable Cars." With $15,000 350Zs and $30,000 S2000s replacing once cheap JDM icons, discover why the cost of new cars has surged 36% from 2019 to 2023. Is it inflation, lack of wage growth, or something else? Join AlexMartini as he delves into the reasons behind this trend and what it means for car enthusiasts today.
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2024: Flying Cars ❌️
2024: 7.5k 98 Civics with 200,000+ miles ✅️
Flying cars would just be 9/11 all day everyday
@@MinosCereal-tk3hefacts☠️😭
98 base model civics were under 2 grand a few years ago but now people are paying upwards of 6-10k for them with rust and with high mileage and still have to spend money putting parts into it to make it more fun to drive.
I only paid 200 for my 91 wago rt4wd just bought it.
So buy a 4 door (for more whores!) For much less money, get the same power and performance. And you can bring the family, or whoever. Maybe even scare people driving Uber or Lyft
The price of a used shit box or anything with wheels has gotten so ridiculous as of late, can't even get a decent car for under $3,000 anymore.
Remember the reason you can't find 1
500 to 1500 dollor cars is because of Facebook groups gate keeping and buying them all up its some bs right there
I got my Celica for 2500 bucks and it's been decent
Get a Sentra. Those bitches are NEVER appreciating.
I miss it
@@zgreatoutdoors1376 I bought a 60k mile Celica off Cars and Bids for 4.4k in December, I swear Celicas are untouched still and I hope it stays that way
people on marketplace are selling rusted and gutted shells for like 3k smh
I saw the shell of a 996 911 Turbo that costs 30k. WTF
@@tespenkr9924 you gotta put alerts on and be super quick. Reasonably good deals exist you just gotta be super patient.
@@tespenkr9924 Aren't they on the cheaper side usually?
3k? I see s13 rollers go for 7-10k.
drift tax, influence tax, car youtuber tax, y'all reveal all the hidden gems of cars and the price goes up 10k overnight. The only cheap enthusiast cars are clapped out FRSs
Don’t forget the clapped out Toyota Camry or Honda accord
Brother I can’t even find a clapped frs for less than 7
Owner of a clapped ass barely working FRS here, I couldn’t find one for lower than 14🥲
Donut blew up the spot
@@Gnome_1234 There's some legit Camry clubs out there. Some Camry guys meet on Sundays near me.
Thank donut for ruining he car market. They single-handedly doubled the price of 350z’s overnight
Big thank you to Donut from everybody who already has/had a 350z. Now my car's gonna appreciate and hopefully continue appreciating as people buy them and destroy them.
@@bennettbrown5605 casey putsch raised the prices of 944s too in between complaining about his mom and other car guys. Pretty impressive
@@Louzahsol true 🤣
I remember just a couple years ago 350zs used to be considered dirt cheap starter cars and now they cost way too much lmao
@@perkypears i watched them go from 6-7k to 14-16k when that video dropped. It sucks cause even clapped ones are 10
Dare I say it…..TH-cam is the real reason some of these cars in the car community have become so expensive. I get it, makes for great content but we can’t deny that S chasis, 350z, Supra to name a few wouldn’t be as goated if it wasn’t for TH-cam.
The supra has always been a favorite. Ever since the first fast and furious at least.
@@MC4TWT even before fnf supra wernt cheap
TikTok and Instagram too
Prices of old cars are going up simply because of shitty decisions and laws for modern cars.
all 3 of those cars became favorites in America because of F&F
People are still chasing 90s stuff like there a dime a dozen, and it's 2003. Mid 00s to early 2010s is the cheap junk right now
Yup. 80’s stuff that was considered junk is now worth gold.
@Gspotgarage yeah if you remember when they were cheap, you're 36+ now, and the 80s kids are in their 50s, aka peak earning years, and still physically capable of enjoying the cars of there youth.
@@Gspotgarage I summer daily an 89 944 it's quite the vibe to drive around in it and all the thumbs up from other euro people. That being said it's not cheap I'm $8,100 in for a rough car with 130hp that gets gapped by modern hybrids. Ive notoced alot of kids that want a 240 have used g35 money the 240 that is that cheap now will be way more than a nice g35
@@Gspotgaragedepending on where you are some 80's stuff is still pretty cheap I got my 87 El Camino for 3000
Because 90s is when the auto industry peaked and it has been a descent into crap ever since.
There are too many I KNOW WHAT I GOT on the FB marketplace... also, why people refuse to give me the misserable VIN # when I want to buy a car!? I just want a clean title!
"Lost the title"
Take it or leave it
@alex99x99x leave it I tell them to take their ass to the dmv and get another copy it's not that hard there is no excuse to not get a title other then you don't own the car
And don’t forget how expensive the aftermarket scene has gotten. My dad’s been modifying for over 40 years (specifically LandCruisers) and the parts have gone up thousands of dollars.
I'm so sorry that your father has to suffer like that. I can't imagine a worse fate
even for non approved parts it's gone up, "track use only" parts and the like
the cheapest cat back exhaust I could get for my car was £750 for some knock off stuff
and the cheapest brake rotors I can get that are still good are £250 per corner
and then you have to deal with the worry of having non-certified parts on your car
which is mostly fine where I am, but if I drive to Germany and get pulled over that's my car being impounded pretty much
can't afford all type approved stuff anymore
Saw a listing for a Honda del sol for 1,200. It was basically a jig saw puzzle with a bunch of its parts in the trunk
my summer car
In Nebraska I saw a listing of a Del Sol Si for $4200 clean. Over 50 pictures
@@HasTheTimeGoneliterally
An overlooked problem is how there are just no enthusiasts cars that are getting old and cheap now, just fwd ecoboxes, Suv's and automatics. Ten years ago the affordable cars where from the 90s when rwd/manual was more common and people in general bought Coupés more often. With rising suv sales it's no wonder all enthusiasts cars are the same ones from ten years ago
yup, all of my favorite cars ceased production 20+ years ago. and after so many years there's just fewer and fewer left alive and running, and the only ones people have kept running are the ones they want to keep for themselves
This man gets it. This is the real reason why.
Well said brother. Finger on the pulse. 👌
I'm keeping mine alive. As a kid I always wanted a new edge mustang and a firebird and I finally have been able to aquire both, and I do everything I can to make sure they stay on the road
"The New 2460SX" Is Crazy lol
I’m glad someone else caught that
Seems like a nice car ngl
Coming next, the 42069SX
It’s partially because of y’all and every other car influencer that shows off the cars that are cheap and then all the sudden they’re not cheap anymore
yeah they cause the issue lol
Prices in my area have come down alot, im seeing the return of $1200 shit boxes.
Yeah it's slowly getting out there. As soon as the dealership funds are dried out and can't keep overcharging people will buy and get rid of their old cars
Only because interest rates are up
Americans ruined JDM cars, as soon as they were legal to import, the prices shot up. The days where you could buy R32 or R33 for under 10k are long gone. I'm glad I got to experience that, I had R33 GTS-T and paid 7k for it.
that's absolutely insane and unthinkable. those things are considered like rich person cars now with the price they go for
@@perkypears Sad but true. The whole point of JDM cars was that they were so cheap for what they are. If I'm gonna throw 50k for a fun second car, it sure as hell won't be Japanese. Completely different story when they were under 10k.
Here in New Zealand we used to get S15s for as low as 15k, for a Spec R. R32/33 GTR were late 20's early 30k. 180SX and S14s even cheaper. Evos, STI Subaru were everywhere, and reasonably affordable. Now you never see them, and are well north of 50k when you do see them for sale.
I’m an older car enthusiast. It’s the same cycle over and over. Cars get expensive for no real reason once the “fad” is over the prices will level out. Too many fake car people paying too much just for clout. And things are way easy now. if you didn’t live near a track back in the day chances were you were catalog shopping for parts, if you were lucky enough to live near a track you cold go to a local speed shop, even then it was done by catalog and the wait time was for ever.😂
Yea but we could afford it back then, he's talking about the death of that not so much the wait time for parts. I made 7$/hr in the 90s and was able to buy a 92' Caddy STS for 5k! Theyre making 15 trying to buy a 30yr rusted out civic for 5k. Shoot I had to wait almost 3 months for my Popular Mechanics toolset, forgot I ordered it until it magically showed up one day lol. We didn't so much order parts as get ourselves surprise presents that would show up over the course if a year 😂
@@seanhorgan6774 I get it things are more expensive. I was referring to the access to parts and services. You can order parts from your phone. Then have a shop install everything. It doesn’t get much easier then that. No blood sweat or tears.
@@Soltor1974 who are you speaking for? No young kid can afford to have any shop install anything for them when even the worst ones are shoving their hands in your face for way too much money for shoddy work. Kids can't afford to modify cars today. A 25 year old has no money to buy the same 3 or 4 different cars I had at the same age, let alone build them to be fast or look good. Not without credit and debt from a new car loan
@@Fuffcat I don’t know where your from, but in socal it’s very common to see a 25 year old in a new car or truck with 20k worth of modifications. Now I’m not sure how they pay for all that it’s really none of my business, and just and FYI it was never cheap to mod cars. The point I was making is that never in history has their been the amount of aftermarket support and access to information. So yes it expensive, but not difficult all you need is a cell phone and a shipping address and you can pretty much get anything in the world. It wasn’t that before.
yeah unless by the time it's over they're all completely fkd
The problem is not only inflation and lack of pay growth, but also the fact that so many of the good cars got scrapped with cash for clunkers, which caused used car parts and prices to soar
Big crash is coming for the car market. The amount of cars produced has more than doubled for most manufacturers. Doesnt stop dealerships from creating artificial scarcity though. But don't worry, their money is gonna run out soon since people are fed up of the high prices.
Jokes on you, just picked up a 97 volvo 850 wagon for $2300. No AC though. Saint paul MN
I love Volvo wagons
I live in AZ and I'm jealous. Though that would be instant death here
Hell yeah, I just got a '98 V70 for $600. Also no AC. Been hell the last week or so, but it sounds so good!
Got a 98 V70 Wagon for $200 a couple years back. A new wheel bearing and a used battery and it’s been running fine since. They’re still out there. Just got a free one for parts as well.
@@SMGMP7A1I have driven in the summer here in Az with no aC, for a couple years too. It’s hell lol.
I honestly think it's both inflation and stagnant wage growth. Cars are the same price TECHNICALLY as they were in the 90's but our wages are too. Except WITHOUT counting for inflation. So we're fucked.
Forget the desired cars, those are in double comma bracket now but beaters are now getting expensive for no reason at all, horses used to be the only transportation then they were for the wealthy and now they are the cheap alternative again
I'd say i'm glad that this only affects JDM cars but it also affects desirable German cars like used E30's and even E36's.
Old Volvos are underrated and are generally slept on. 2XX,7XX and 9XX series cars are super easy to work on, have a dedicated community, reliable as hell and can be made fun to drive with enough work all at a relatively affordable price.
This is why I got into sportbikes instead
I tell people who hate that I got a motorcycle, "I bought this because idiots kept buying new SUVs at high prices and higher interest. I got priced out of fun cars." Even a BRX/FRS is $34k OTD. With today's interest with great credit I'd still pay 600+ before insurance. And that before we talk about the used interest rates nearing an AVERAGE of 11.91 according to MarketWatch, nerdwallet, CNN, ETC. I got a bike for 9k in 22 at 5% and paid it off in two years. I should have bought a different model cause it's hard to find parts. But a new Mazda 3 2.5 manual in 18 for 21k OTD and 19 CB650 in 22 for 9k OTD. Got both for less than a new FRS, and very far under the new car average.
@@SMGMP7A1I just bought a 2024 RAV4 hybrid AWD and two weeks later a 2024 GR86 both cost damn the same. Between me and my wife our insurance is $650 and each car cost about 710 a month for 75 months. But we decent money between us, we make 130k ish a year. Still sucks though
@@jeremyburleson6329 That's damn good money for two people. But insurance and car prices right now are insane. There's an overarching larger debate that needs to happen here over the cost of living but the point I'm trying to make is I can't afford a cool car damnit!
Big car TH-camr: This car is cheap, fun and has tons of aftermarket support!
Price of the cheap, fun car a week later: See if you can afford the fun.
it feels like u need money to be part of the culture nowadays😒
That's what Instagram "car enthusiasts" want. They don't like normal people so they make it almost impossible for normal people to buy cars. If just anyone were able to afford a Supra then the childish Instagram "car enthusiasts" would lose over 50% of their clout if not more. SMH.
Always has been (if you want to mod), but its just to much now
@sebastiancalderonpacheco8218 well yea it aint never been cheap but it also never used to be a whole mortgage for a 25 year old car and a couple rent payments for a set of wheels & tires
@@sebastiancalderonpacheco8218 Not really, there was a brief period of time where import tuning was fairly inexpensive. You could buy an EG for a couple of grand and drop a B-series in it for not that much in the 2000s and have a decently quick (and very fun) car.
In the '50s and '60s, too, hot rodding wasn't all that expensive.
80's cars my friends. Most aren't fast to start but most are affordable and a good starting point to build on
But they're all trashed rust buckets.
@PistonAvatarGuy got a good shape almost no rust 88 mustang in 2021 for 4k, you just gotta know what/where to look
Bro, there's no way the malaise era will ever be fashionable to the general community. It's niche and always has been.
There are some hopes out there. I just recently bought a B8 S5 with a 6MT for 15k and I honestly can't understand why they aren't talked more about. You just can't find very many great stick shift V8 cars out there especially if its German. The 4.2 is an amazingly well built motor and it may only be packing 360 hp stock but with a full bolt on build they run fairly close to 600 easy. And the car may be 12 years old but it aged very well and doesn't look half as old as it is. I love it.
Clout chasers, people who think their cars are ultra rare super collectibles, social media... All factors contributing to a rise in car prices for old shitboxes. Even Miatas are stupidly expensive now, wtf
Audi B5's are honestly pretty underrated, sure it takes a little work, but they're not that hard to rear wheel drive swap, parts are plentiful, and the cars are cheap and not that bad to work on
The average car payment being $735 dollars if fucking BANANAS! That's about how much rent was for my first apartment (pre-covid of course).
We needs greater stability throughout our country to lower the prices on everything
Everything seems to suck as of late.
No way TikTok’s taking over the internet but their tts doesn’t know what a 240 is yet
There are plenty of gems and underrated cars out there still
Most of it is fake car guys with dreams of creating a “famous” tiktok account who will follow the simple time line of buying a car for way to expensive because they don’t know what something’s worth or how to haggle, putting an underglow kit from Temu on their car and calling it modified, and then either selling to another idiot for the same price or letting the bank repossess it because they can’t afford it and have already lost interest in it because theirs more to cars than what forza leads on. Rinse and repeat and all the good drift and rally cars are bought by the car community’s equivalent of a squatted truck guy….stance kids.
Alex, in Indonesia the condition is very poor, because a second-hand 360z can cost up to $150,000, the same price as the new 400z in Indonesia.
Here're some pricelists I have collected from webs
A new Miata RF costs up to $55,000
A second-hand Civic EG costs up to $25,000
A second-hand Lancer Evo IX costs up to $50,000
A second-hand Impreza WRX STI 2002 also costs $50,000
A second-hand RX-7 costs the same $50,000
A second-hand R34 costs nearly a whopping $190,000
Not much better in the UK. They ran a scrappage scheme a few years ago. People were trading in all the affordable cars in to dealers, so they could be scrapped, to get a 2k reduction on a new car.
Cash for clunkers I think played a huge role in this as well
I agree 100%, *huge* .
Cars are expensive af. Even used ones
I got lucky and picked up a 1998 Volvo V70 for $600 this year. It's about as far from an enthusiast car as you can get from the factory, slow, NA, rolls like a ship, and it's an automatic. But it's one of the last "easy" manual swaps you can get from Volvo, there are suspension upgrades still available, from drop springs and firmer dampers all the way to track-ready coilovers... and that 5-cylinder engine sounds so good when you let it breathe.
Dude, right out of high school in 2013, I saw a 1991 Squarebody Suburban on 35s, 4wd and a 6 inch lift, with a plow, for $1500 here in Michigan. That same truck now would start around 6k here. It ain't just tuners. Everybody's hurtin.
It’s lack of wage growth. It’s always wage suppression.
It's why I haven't gotten rid of my Toyota Yaris, the used car market is nuts and finding a 5 speed that hasn't been thrashed is getting harder by the month
theres absolutely some great, affordable cars. im not telling you any of them though, cuz then they'll go up in price.
Plenty of old iron "grandma" cars
@@alexbenjaminlubbers like i said, im not gonna give any specifics, but mitsubishi had a really cool, affordable sedan in the 1990s, that makes significant power, is awd, and isnt a lancer evo.
I know which one your talking about but ain't saying the name either 👍🏼@@supersonic4863
Have you ever thought about going against the grain of pop culture and doing your own thing? Why buy what everybody and their mother has? Go buy and customize a car that's not popular or pretty. That's some real car culture
I traded a 200 dollar boat for a iroc z all original back in 2007. Its worth roughly 20k now. Wtf is up with people now days.
You absolutely can be a car enthusiast.
If you go for the cars, trims and engines no one else goes for and pull them off the junk yard to fix them up yourself.
The car community is going to have to adapt. The platforms we know are dead. The only affordable ones anymore are the Pontiac G6, Nissan Altima, Chevy Malibu, and Ford Rangers from before they were brought back.
Clout kills the culture. I was working security one night at a hotel where there was a wedding and some other events were happening. The groom while introducing some friends to his wife, looks at her and says, "this is (so and so), with the $100k GTR". A piece of me died that day. People only chase what's popular now so they can call themselves car enthusiasts without really caring about the cars.
Bought a $600 beater XJ 2dr in 2019, restored it and easily worth $5,500 in 2022. Kept working on it and improving it, now it's a $10k 2dr XJ.
Problem is we didn't gate keep enough and let people kill and ruin by modifying.
The garbage riff Raf car community ruined the good car community
Some car people absolutely destroy cars that should be left alone and preserved like S Chassis cars and Panther Platform cars
Just modify common traffic cars, cheap, fun, and can still catch eyes at meets if done right.
1 wage growth has stalled
2 new cars are coming with too many bells and whistles which drives the price up
3 car hobby has grown and enthusiast cars are in demand
4 rich car enthusiasts drive the prices of desirable cars through the roof
Multiple reasons for sure. But there is one no one talks about. Less cars available equals higher prices for what you can get. Cash for clunkers removed a lot of used inventory from the market, and they weren't all clunkers. Thanks, Obama.
Yes, car enthusiasts have it bad because everything is expensive. But I think that can be attributed to enthusiast cars themselves being hard sells no matter where you go. Why would a company develop a whole sports car for hundreds of millions to cater to a market that will only buy a handful of them? The best they can really do for us is soup up a pre-built normal car chassis if they want to see that money come back to them. It's why there even is a case for cars like the TRD Camry, Sentra NISMO, and M-Sport trims over full ///M models.
Bottom line, there's no money therefore the market shrinks. So if we really want the sports car market to bounce back, more people need to start buying them new.
I just saw in my little town a 99 silverado, rusted body, 195k miles, short box, extend cab (not quad cab) for $13,000. No fucking way im paying for a 25 yr old winter beater truck with damn near 200k miles for no fuckin $13,000... its ridiculous. Its not even enthusiast cars this is limited to. The used car market in general is totally fucked. People are selling shitboxes that dont even run for 3x or 4x their actual value.
Cash for clunkers ruined everything
*This is why I'm still here with no wheels 3 and half years later with no money left because the bills ate it all*
Just about any carbureted car in decent shape will cost you way less than any of the cars you mentioned. Folks who want cars just look for an older car (they were built better too!)
In the late 90s-early 2000s you could get a fairly clean good running S13 for $1,500 or less and MK4 Supras for under 10k all day, the only crazy priced JDM was the R34 GTR and those were still under 50k.
If I'm shelling out that kind of $ for a car, it's going to be a Dodge Viper.
I paid almost 7k for my car and it came with about $3000 worth of things that needed fixing.
The dealer had been known as reputable for a long time but broke my family's trust with them when they sold me an absolute lemon
One of the worst thing to happen to specifically the us market is cash for clunkers, when you go through the lists of what was scrapped it makes you cry in pain. So many enthusiast cars got scrapped its not even funny.
Completely gutted (but rolling) s body shells sell for like £5k in the UK...
Early 2000s, I owned 7 different 240sx's. Never paid more than $1800 for one. Usually they could be found for around $1200 in decent shape. Lots of drift cars cruising around in socal back then, but it was still pretty lowkey.
The first D1 grand prix in the US, at Irwindale Speedway, I sold my clapped out 240sx that I paid 950 bucks for to some dude in the parking lot for $3500.
Prices on the 240sx's and corollas jumped rapidly shortly after, and never really came down.
Supply and demand simple economics. Demand for certain cars are very high while the supply might not be so good
american problem, here in the East EU we get E46 328i’s and W202 C280 and C250D’s for 2K and I’d put my life on that these cars are far better than any of that japanese import shi
I was looking through a lowrider magazine from like 2005 or 07 or someshit. Lambo door hinges 250$ those were the days. You used to be able to be a cashier or someshit at walmart and drive a shitty car and live in a shitty apartment. You could afford to live a decent comfortable life without lavish things. You wanted to work your bag off for the extra mile you could. Nowadays you gotta give it your all and then some just to scrape by.
Two main considerations, 1. The cars most of us looked up to when we were younger were to expensive for us to afford then, now we move into careers and make more money and many of us want our “high school” dream cars it creates competition for those cars driving prices up. 2. As cars depreciate over the years they become cheap enough that Chad decides he doesn’t like civics any more and wants to buy a $3k 150k mile mint IS300 and drift it, him and his buddies buy them and all the 240’s wreck them all and talk about how they “sent it” and with so many cars being destroyed the prices for clean ones skyrocketed…….🙄
World Hates car enthusiast and that is shame because, we car enthusiast helped to create these modern cars
I’m in Australia… $46000 for a new car sounds CHEAP AS FUCK… 😂
Weirdly, I have seen the American classic car market dropping significantly in prices as the generation who wants them has started passing away. I saw a 1968 Charger running and driving, just needed some cosmetics selling for $7k. Still not great, but that's unheard of in these times.
Covid definitely messed a lot up and some places are still stuck in that market. I always compare my states marker to neighboring states and have noticed everything is usually a couple grand cheaper next door. It’s near impossible to find a v8 of any kind for a reasonable price. I’ve seen v6 catfish Camaros going for close to 10k with well over 100k miles. They’re good cars I’m sure but gone are the days of getting a cool fun first car for cheap.
In the era of TH-cam, social media, and other digital platforms, enthusiast cars have been overhyped and romanticized by content creators and enthusiasts so much to the point where the people who already own these cars believe they are sitting on gold, causing them to try and sell it at an outrageous price. To me, the best way to be a car enthusiast nowadays is to buy an old car that is not talked about enough (for good or bad reasons), and just let word of mouth do it's thing.
"hype is ruining car prices"... YOU ARE THE HYPE. It's not a tiktok or instagram problem.
We want to drive cool cars, but no new cool cars are being built at any resonable price. And the owners of old cool cars wont give them up unless they can get another cool car for the price.
Click bait? At no point was the reason presented... Demand has gone up for various reasons including clout chasing, other's being that most new cars have outpaced the increase in wages and generally speaking they're overcomplicated and over engineered crap. The beauty of older cars is that they're simple enough for an enthusiast to maintain them plus are cheaper to maintain plus higher reliability. Hence why the demand focus is on older cars and hence why the cost has been going up.
Late 90s/early 2000s mustangs on market place specifically cause dealerships are way to over priced
I remember when reasonable mileage C5's could be had for under $10k.
foxbodies are so expensive it makes me wanna cry
It's crazy how much people are asking for their's like 5k no motor kinda shit. I got my fox for 4k in 2021 interior was rough but it ran.
Manufacturers have been slowly increasing their prices for decades but went into overtime in 2019 apparently
I bought a police crown vic with 70,000 my first year in the marines for $1200, seeing vics now go for $9500 in that same condition is insane to me
If you're into American cars you have options. Mustangs Camaros, chargers and Challengers to a certain extent are affordable. You might have to get a V6 but some of these cars made decent power in their base model. I think the 3.7 s197 Mustang for under 10 grand is a pretty decent drift missile.
Volvo 240. Safe rwd car for $1500. Great platform, and plenty room for transplants.
Two answers: scalpers racking up prices and unskilled drivers totaling their vehicles
Absolutely agreed man
The only argument here is that it is easier because the knowledge/ communication exists. But I agree, the cost of entry is much higher
Get out and vote people. What else can we do to prevent these problems?
Capitalism makes the rich richer and poor poorer. Also carvana took what used to be person to person sales and found a way to extract money as a middleman. We pay for that.
TH-camrs that originally gained popularity in other things crossed over to cars. Gives them more content and views. Which gives these cars hype. Now other people that would’ve gotten a regular daily get “project cars” and “stance cars”
30k Mark IV Supra ten years ago? No one of my neighbors sold his Mark IV around 12 years ago and his asking price on it was $10k. I don't doubt that he took $8k or so for it
Monthly payments?😂😂😂
After being an auto enthusiet my entire life, I have gotten out of being a car enthusiast for this reason. Working In the auto Industry for a very short amount of time, I made the decision that I would rather just retire early and spend all my time with my family then have fun cars and work for 40 years like everyone else. Now I'm 32, retired and have a minivan.
Inflation is the big one. The inflation rate went to 8% in 2022 (which is bad. Anything 3% and over is bad). Secondly is people giving artificial value to these cars for whatever reason.
Well when you have someone selling a 80’s/90’s 200k mileage Honda civic with missing doors, hood,bumper, etc. damn near a shell and engine only wanting 3k+……….ya I’d say the car market has gotten crazy. Car enthusiasts, car market/inflation, and various platforms on TH-cam/blogs have made it that much harder too
There's still some good cheap stuff out there, they just ain't popular
And they better stay like that
I paid 2000 for my first used 1989 turbo FC RX-7 in the 2002 i miss those days of good cheap used cars.😢
Au falcon used to be $200 now 2k in Australia
I got hella lucky with the 1999 jeep cherokee I bought. It was 1000$ I have done all the work on it myself though