/biz/ - Business & Finance

>>55452702
Yea but the bull market is just starting back up. And Blackswan Bot is leading the charge. Look it up on blackswan dot biz

Auctions. Pennies.

>>55452702
I don't know why anyone would buy used. You save like 10-15% for a car with 30k miles, shit tires that were probably swapped out, unknown care history, and was probably driven by a woman or a minority before you bought it. The used car industry has done a great job gaslighting people into believing they're getting a good deal if they're buying used and buying new,is a waste of money. Utter nonsense.

>>55453388
Cope retard I bought an old toyota 4runner for $3000 years ago and I have never had to fix anything besides basic maintenance. I can literally sell the car for more then I bought it for

Have fun paying $500 a month + interest for a depreciating asset lmao

>>55452702
>I
>KNOW
>WHAT
>I
>GOT

>>55453839
>ICE COLD AC!

>>55453388
>buy a used 2003 nissan 350z for $3500
>private sale, 98k miles, 6spd manual, bone stock
>8 years later I have only needed basic maintenance like oil changes and brakes, all of which I did myself
>No debt, no interest, low maintenance cost
>car is now worth 8k

Now compare that to my coworker
>puts 15k down on a new q50
>pays hundreds of dollars a month on the car note
>has to pay for full coverage insurance because its financed
>has to get it serviced at the dealership for an outrageous cost to retain the warranty
>his battery died and his car "lost its programming" so he had to pay $500 for someone to plug in a thumbdrive
>by the time he pays off his car, it will have depreciated by 70%

Imagine buying a new car. Did you let the salesman fuck your wife too?

>>55453819
>I bought a used car years ago that can resell for more
>this is proof why used car market is great
Fucking boomers I swear

Buying a used car is like buying btc at the bottom.
Cars dont depreciate forever to 0$ they hit a certain floor level and then they stop.

Shit like used camrys that drive have a floor price of 3-5k and at that level you could always sell it back for what you bought it for or a little more.

>muh wear you'll have to keep fixing it
you could literally buy 10 used cars for for the price of one new car.
When you buy a used car for 3k you are still buying 30k worth of engineering and materials.
You are getting way more value then what you pay, its way more bang for your buck.
When you buy a new car you lose 20% as soon as you drive off the lot. New cars are for suckers

>>55453895
>Only boomers know how to work on cars
Spoken like someone whos never made profit on a car

>>55453895
This is proof that buying used cars is better then new cars.
All functional used cars go up in usd simply due to inflation.
Poorfags always need a car to drive so there is obviously a certain floor around 3-5k for a functional car.
For my car I paid 3k in 2017 and now i can sell it for 4-5k but that has nothing to do with the actual car itself since 5k in 2023 is probably the same purchasing power that 3k had in 2017.

There are cars that went up in price due to becoming sought after collectibles.
Lot of people prefer old well made cars to the modern glue and plastic filled garbage.
90s toyotas are bulletproof and have far superior build quality to modern cars
Dont forget that 80s and 90s jap cars were made and designed when japan was at the height of its financial prosperity

>>55453866
>RUNS *AND* DRIVES

>>55452702
May as well just buy new. That's the decision I made in 2021 and I've had no regrets.

>>55453388
This 100%, anyone who disagrees is wrong. This isn’t the 1980s , buying used is almost always a net loss these days.

Don't care. Still driving with 2015 Civic with 70k miles kek

>>55453895
Also this. It’s exclusively Ramsey cultists who think this shit makes financial sense. Their time is worth nothing and they don’t understand opportunity cost. Top kek. The perfect slave.

Meanwhile
>be me
>buy new
>zero problems ever
>no surprise repairs
>guaranteed reliability
>honk when driving past used car cucks parked in the middle of the intersection with their hazards on and hood open

Never gets old desu.

>>55454077
>so what if I get raped monthly?
>I have zero problems ever because I pay to get face fucked by a 23 year old with a GED

I’ve been on both sides of the coin. I sold somebody a Buick with a bad tranny that ended up breaking a week later, but I also bought a Camry with 40k miles for like $5000

>>55454162
are you still with the bad tranny?

>>55453895
basing reality off anecdotes and ending all conversations with exceptions is what boomers do best. have some sympathy for them. the telly done a lot of damage on their conversational skills.

>>55453949
> When you buy a new car you lose 20% as soon as you drive off the lot.
Show me a 2023 car with under 1000 miles for 20% under msrp

>>55454583
mods!

>>55453243
kys jeet

>>55453877
>has to get it serviced at the dealership for an outrageous cost to retain the warranty
No he doesn't, such a requirement is fucking illegal.

>>55453877
Also lmao the cognitive dissonance of bragging about how your car will sell for more now in this hot market but somehow his newer q50 will depreciate 70%? Nigger did you think before typing?

I GOTTA GET ON THE SHITTER AAAAAAAAAAA

>>55453388
quintessentially united statesian post. enjoy paying interest on a depreciating asset you dumb nigger. the jew owns you

>>55456460
Half your check is taxed so Ahmed is as a house husband at home with his wife and dozen niglet spawn.

>>55454058
I mean it has been the last two years because of the supply chain issues and dealer markup's on every new car. Buying a used car at new price MSRP is nigger brain-tier.

>>55454099
>man equates a 5 year bumper-to-bumper warranty where his seat has only been farted in by him with getting raped

>>55456478
you surely realize that everyone here is talking about $4k toyotas and not 2019 type of used cars that go for msrp. this is an exclusively burgeresque problem. In Europe you can buy any car you want new even with a small discount.
>taxes...Ahmed
lmao you pay for your new car with your taxed money including interest payments on a depreciating asset. I think you're getting raped worse by the jew than someone's wife by Ahmed

>not buying a Kia brand new with cash and owning it for 20 years

That's how I know you are subhuman

>>55456534
>buying any eastern car that isnt a toyota, lexus or honda
literally why?

>>55456517
Yeah great so just buy a questionably maintained 10+ year old 'yota driven hard by 5+ owners with 200k miles for 4k. The used car marker is a fucking shitshow still and will be for at least another year unless the interest rates go higher.

>>55456517
I buy my cars in cash also. Not my problem my little Turkish delight mon ami.