What's Your "Cheap" ?

dmclone

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The prices on luxury import vehicles drop like a rock because a huge percentage of these vehicles are leased. It's not necessarily that people are afraid of the repair costs but more so that a lot of people can't even truly afford to be driving those vehicles if leasing wasn't a viable option.

I agree with you about the leasing but there are plenty of people that can afford a used luxury car. I do think a lot of people think it's insane to spend $35k on a used car when you can just get a new car for the same price.
 

JMA1125

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Who disagrees with this? The majority of the food I've bought at Aldi has been good.
Every time I shop there I fill up the cart, then go check out, and I'm like: damn, that's only $28 bucks?
I love Aldi. They practically give the groceries away, it's so inexpensive.
 

jkclone

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I'm guessing it's been a few years since you looked at car prices. You can't even buy a decent Civic for under $20k.

A 2014 Honda Accord Touring costs $35,695 new. KBB trade in value on that car is now $18-$20k. So that owner lost roughly$16-18K.

A 2014 Honda Accord EX-L cost $32,695 new. KBB trade in value on that car is now $15-16k. So that owner lost roughly $16-17K.


As far as people not being able to afford a $36k car, take a look at the most sold vehicles in the U.S. and you'll see that nearly every truck you see driving around costs at least that much money.
I just bought a car a month ago. I mean you are talking extreme top of the line versions. Of course those see more depreciation. I got a new 2017 Corrolla for around 17k. I was looking at some used Toyotas that were like 2014 or so with high mileage and they were only down to like the 11-12k range. The new Camrys were like 24-25k sticker (mine was 21k). You aren't looking at the types that the average person buys.
 

dmclone

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I just bought a car a month ago. I mean you are talking extreme top of the line versions. Of course those see more depreciation. I got a new 2017 Corrolla for around 17k. I was looking at some used Toyotas that were like 2014 or so with high mileage and they were only down to like the 11-12k range. The new Camrys were like 24-25k sticker (mine was 21k). You aren't looking at the types that the average person buys.
https://mediaroom.kbb.com/new-car-transaction-prices-up-2-percent-march-2016

I believe the average new car price in 2017 is right at $35k. The EX-L is the most sold Accord model.
 

dmclone

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I agree with you though that some of the cheaper models don't lose as much dollar value and it does make sense to just buy them new.
 

jkclone

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https://mediaroom.kbb.com/new-car-transaction-prices-up-2-percent-march-2016

I believe the average new car price in 2017 is right at $35k. The EX-L is the most sold Accord model.
I'm far from an expert on Hondas but if you are talking about Toyota the best selling stuff is the LEs. Go to Toyota and that is what they have unless it is a Corolla which is the S. Even then that is their cheap car and still not expensive. You are talking about a different market. Used cars that cost more are definitely more worth it, but when you get the lower end cars it isn't really different.
 

jsb

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Every money post on CF turns into a car discussion, doesn't it?!? :)

But I'll jump into add that, unlike most of you apparently, I always buy a new car vs. used. First, I don't get the very top of the line models. I get a good, middle of the line domestic car. So my new car in 2015 was listed at around 24,000. And I run the cars for many years. So, to me, used car with 25,000 miles is just a car that I'll own for 2 years less than my new car. And, I haven't seen a used car priced low enough that I'm willing to go into it knowing that I may only get 5 years out of it rather than 8.
 
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BillBrasky4Cy

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Every money post on CF turns into a car discussion, doesn't it?!? :)

But I'll jump into add that, unlike most of you apparently, I always buy a new car vs. used. First, I don't get the very top of the line models. I get a good, middle of the line domestic car. So my new car in 2015 was listed at around 24,000. And I run the cars for many years. So, to me, used car with 25,000 miles is just a car that I'll own for 2 years less than my new car. And, I haven't seen a used car priced low enough that I'm willing to go into it knowing that I may only get 5 years out of it rather than 8.

With low interest rates you are probably better off buying a new middle of the line vehicle. Sure, you can get a great interest rate on a used vehicle but the dealerships are marking the prices up due to the demand driven by the low rates. The used vehicle market is a total sellers market right now.
 

dmclone

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Undershirts. Regardless of price they always seem to shrink. Costco seems to have the best ones.
 

wxman1

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Vehicle values get even more crazy when you look at vans. Rightfully so the Odyssey's and Sienna's are not losing much value.
 

JP4CY

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Undershirts. Regardless of price they always seem to shrink. Costco seems to have the best ones.
I bought a pack of those and they are thick. I mean they are really nice shirts but I'd roast wearing another shirt on top.
 

cowgirl836

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Vehicle values get even more crazy when you look at vans. Rightfully so the Odyssey's and Sienna's are not losing much value.


looked at those two just out of curiosity last fall and it was like ****, might as well buy new then. But we noticed that overall with Toyota especially. They weren't dropping much.
 
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urb1

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Garbage bags. Their sole purpose is to be thrown away. Who needs a Hefty? It's less than 20 feet from the kitchen garbage can to the garbage bin.
 

Macloney

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Who disagrees with this? The majority of the food I've bought at Aldi has been good.
Every time I shop there I fill up the cart, then go check out, and I'm like: damn, that's only $28 bucks?

Aldi's sucks. If you don't have Heinz ketchup or Keebler cookies, you shouldn't be in the biz.

More like, "Aldi's nuts in your mouth"
 
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VeloClone

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Aldi's sucks. If you don't have Heinz ketchup or Keebler cookies, you shouldn't be in the biz.

More like, "Aldi's nuts in your mouth"
If you are going to Aldi's expecting to find everything you are doing it wrong. They carry what they can get to you cheap and that is it. Heinz is a big brand that doesn't feel the need to give a discount retailer a deal so Aldi's just doesn't carry them and instead carries something that they can offer cheap. They don't have a huge variety so they don't have to pay for a huge store. That means more cost savings for their customers.

I will say Aldi's produce always seems to go bad much faster than the produce I buy elsewhere.
 

kevdiv48

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If you are going to Aldi's expecting to find everything you are doing it wrong. They carry what they can get to you cheap and that is it. Heinz is a big brand that doesn't feel the need to give a discount retailer a deal so Aldi's just doesn't carry them and instead carries something that they can offer cheap. They don't have a huge variety so they don't have to pay for a huge store. That means more cost savings for their customers.

I will say Aldi's produce always seems to go bad much faster than the produce I buy elsewhere.

Agreed on the produce. The rest of their stuff is decent, especially for the price.
 
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jdcyclone19

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Agreed on the produce. The rest of their stuff is decent, especially for the price.

I agree with the produce but I remember an article talking about this and its because Aldi's does not get produce that has been sprayed with preservatives/chemicals that prevent produce from ripen as fast, like other grocery stores do. Its one of their things to "become one of the healthiest grocery stores." Whether its true or not? I have no idea, i just know that if I buy the produce, I better plan on eating it that week. Their grapes are usually pretty solid, cheap and last at least a week from my experience, if you do your due diligence picking out grapes. Their little bottle of organic ketchup for 1.69 has no HFCS and is better than heinz, fwiw.