this post was submitted on 10 Aug 2023
78 points (100.0% liked)

Personal Finance

67 readers
2 users here now

Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, and get on top of your finances!

Note: This community is not region centric, so if you are posting anything specific to a certain region, kindly specify that in the title (something like [USA], [EU], [AUS] etc.)

founded 1 year ago
MODERATORS
 

Vehicles under $15k are 1.6% of the market, and their share of the market has dropped over 90% since 2019. The old advice that you can get a beater and drive it in to the ground for $5k hasn't been true for years but it still seems pervasive in personal finance spaces.

you are viewing a single comment's thread
view the rest of the comments
[–] HubertManne@kbin.social 3 points 1 year ago

We have had one for a long time but give my wifes medical conditions we will continue to have one. Would love not to though.