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The $25k car is going extinct?

(media.hubspot.com)
319 points pseudolus | 2 comments | | HN request time: 0.406s | source
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tlogan ◴[] No.44422540[source]
Strange article based on incorrect information. My son and I are buying car and there are so many under 25k. In total there are 12 new models. Adjusted to inflation things did not change a lot in last 20 years (in 2005 there were 10 models less than 15k).

- 2025 Nissan Versa – Starting at $18,330

- 2025 Hyundai Venue – Starting at $21,395

- 2025 Kia Soul – Starting at $20,490

- 2025 Nissan Sentra – Starting at $21,590

- 2025 Nissan Kicks – Starting at $21,830

- 2025 Hyundai Elantra – Starting at $22,125 Ok - 2025 Kia K4 – Starting at $21,990

- 2025 Toyota Corolla – Starting at $22,325

- 2025 Chevrolet Trailblazer – Starting at $23,100

- 2025 Subaru Impreza – Starting at $23,495

- 2025 Buick Envista – Starting at $23,800

- 2025 Toyota Corolla Hybrid – Starting at $23,825

replies(4): >>44422576 #>>44422653 #>>44423694 #>>44424482 #
mjparrott ◴[] No.44423694[source]
The answer is to buy a car off lease, that has 20,000 miles on it and is 20-40% cheaper than the new price. It is nearly identical to a new car and has 90% of its useful life remaining.
replies(1): >>44423848 #
1. Shalomboy ◴[] No.44423848[source]
I mean that's just not the reality anymore. You could perhaps get 10-15% of the price knocked off here in the US, but 20-40% isn't accurate for anything besides high-volume luxury compact sedans, and even then you're skewing much closer to 20-25% in most regions.
replies(1): >>44425548 #
2. neogodless ◴[] No.44425548[source]
https://www.cars.com/shopping/results/?dealer_id=&include_sh...

Corollas in a High Cost-of-Living Area (HCOLA) that are ~3 years old, and under 30K miles, and all under $20,000. So... 20% or more off MSRP?

(The SE starts above $24k, the LE is a bit cheaper.)

I picked a hard example, but I bet for any car less popular and in demand than a Corolla (and in more normal areas), you can readily find them for 20% off MSRP at the 2-3 year old, 20-30k mark.