Yeah, my car is 18 years old, has almost 300k miles on it, and because it’s desirable and not made anymore, it’s still worth about half what I paid for it 14 years ago.
Want to see crazy used car prices? Look at small Toyota trucks in southern California. The prices are insane because many people want a small basic truck for work. The 22R and 22RE engines live long and if they do die it is easy to source a rebuilt engine.
Small trucks cannot be imported into the US due to the Chicken Tax. American companies will not build small trucks because they like the profits from large SUVs and trucks.
Yeah, my car is 18 years old, has almost 300k miles on it, and because it’s desirable and not made anymore, it’s still worth about half what I paid for it 14 years ago.
I doubt anyone will pay half the price of a 4 year old model if its 18 years old…!
A lot of things break on cars that old, so any buyer has to be a bit stupid to pay that price…
Want to see crazy used car prices? Look at small Toyota trucks in southern California. The prices are insane because many people want a small basic truck for work. The 22R and 22RE engines live long and if they do die it is easy to source a rebuilt engine.
Yep, and nobody makes a true equivalent to the small pickup anymore. Even the Ford Maverick is bigger than 90s Tacomas, and Rangers
Small trucks cannot be imported into the US due to the Chicken Tax. American companies will not build small trucks because they like the profits from large SUVs and trucks.
It all depends on what car it is. Obviously, nobody is dumb enough to pay that on an 18 year old KIA or Hyundai.