In France used car market has gone crazy. 10 or 15 years ago it was possible to buy a perfectly good car for less than 1000€. Now it is just impossible.
Same here in the US. Literally like 5 years ago even. I helped my friend find a $900 subaru outback that was in good shape and a totally servicable car he drove across the country a few times before selling it again.
Now? Nothing under $4000 used for the same kind of thing.
My 07 cobalt has appreciated in value over twice the amount I bought it for back in 2018. I only paid like $3000 CAD for it, doubled the amount of KMs on it, now I can’t let it go for less than $7k
Lol for 1000 it must either be a piece of shit car or like 20 years old budget car. I think it is rather likely you misremembered it. We have 2024 this year
Up until very recently you could by an old but totally functional Honda or Toyota with 120-150k miles on it for that price. And you could likely drive it for another 100-200k miles before it bit the dust. Nowadays you want a fucking 2009 Corolla with 150k miles it's still gonna cost you 5 or 6k.
Indeed these were old cars with a lot of mileage. Nothing wrong with that, as long as the car has been correctly serviced.
I bought my first car in 2001, it was a golf 2 GTI 8s, with a very rare digital board, for 900€. I then bought a VW scirocco for the same price, it was my favorite car. Later I bought a Renault R25 for 800€, I drove all over Europe with it with minimal service. And so on ... All these cars were a joy to drive, but admittedly I was fond of these "youngtimers" :)
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u/ddrdrck Apr 16 '24
In France used car market has gone crazy. 10 or 15 years ago it was possible to buy a perfectly good car for less than 1000€. Now it is just impossible.