[1] We were profitable from day one because we didn’t buy a $80,000 pickup on day one the way everybody else does.
[1] We were profitable from day one because we didn’t buy a $80,000 pickup on day one the way everybody else does.
Where are you finding a 100k mile Honda Fit for $3k? Before I bought my current daily driver, Honda Fits were on my list to look out for and in the central NJ area I never saw one in decent condition around that mileage for less than $5k. Even looking now I see people trying to part out theirs for $2k or looking for $4k for a 200k mile one. I messaged someone on FB Marketplace that had a 2013 with 65k miles on it to try and bring down their $11k asking to $8k and just got ignored.
NJ is probably on the higher end of the market but the deviation can't be that big.
If I had to get a high mileage car in a hurry in upstate NY with some expectation that my acquisition + repair costs would be reason I'd go looking for a 2005 Buick. Maybe half of that is getting older, the other half is that my son drives a '96 Buick which has needed some creative maintenance but has been rock solid reliable after a flurry of work where we replaced aging parts.
Basically he's picking a very well sorted platform of a vehicle and then choosing the brand that most correlates with buyers who'll keep it in good order.