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152 points voisin | 3 comments | | HN request time: 0.603s | source
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bane ◴[] No.42174985[source]
I can't believe that the average price of a car in the U.S. is almost $50k. For rapidly depreciating assets.

Here I am working out TCO costs for a range of mid-sized cars for my next purchase, and trying to decide if the extra $2k for a Prius Prime over a Prius will beat the differential in fuel costs for my driving situation. I feel like a chump, but I know it's the smarter thing to do with my money.

I coworker of mine just spent $100k on a regular old pickup truck that is planned to spend less than 5% of the time doing anything other than commuting him back and forth to work. It doesn't fit in any of the parking garages around here, or in his garage -- he has to park it at the other side of a surface lot because it doesn't fit in the normal spots. It gets like 11 mpg and uses the 92 octane fuel.

Americans won't buy cheap cars, they won't buy upmarket small cars, but they'll burn their children's college fund into the ground for a 2 second gain on 0-60 and bad ergonomics.

I can afford the fancy car, but I'd rather turn $100k into $200k in my index funds and buy an entire apartment in Spain overlooking the Mediterranean with the gains.

We can have nice things, but this is why we can't have affordable things.

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itsoktocry ◴[] No.42178830[source]
City dwellers will spend $2500 a month for 400 sq feet of rented living space and laugh at people paying $50k for a car.
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1. afavour ◴[] No.42180347[source]
I don’t think that’s a good comparison. If you’re buying a car primarily for commuting a $10k car is going to achieve that purpose just as well as a $50k car. But $2500 on a small apartment in a city gives a very different lifestyle than one in a big house in the suburbs. I’m not going to make a value judgement either way there but there is a clear difference in functional result.
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2. fragmede ◴[] No.42184415[source]
It's not though. Going from a bare bones $10k car to a more expensive car that drives itself on the freeway is a huge difference. It's less effort to get from A to B in a car that has L2.5 self-driving like Ford's blue cruise. How tired you are after three hours of driving a shitty car with a bad wheel alignment so you have to jerk the wheel every once in a while to keep it on track, vs a new luxury car that keeps itself in the lane so you don't have to steer, makes a huge difference if you want to be useful when you get there.
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3. olyjohn ◴[] No.42186661[source]
Yo, an alignment is like $150. You shouldn't have any car on the road that is so bad you're jerking the wheel to keep it going straight. That's straight up dangerous. And if you're that bad at maintaining your car, your robot car isn't going to be any safer.