Even in Europe it is quite difficult to find a new car for less than 20,000€. If you need a car because you just found a job which is far and you need to ride to get there, taking a loan is your only option.
I guess you can buy a used car, but likely you can not apply to a loan for that and definitely the loan will not cover the necessary repairs to get it to a working state.
…yeah? I’m not sure where the disconnect is here, you mentioned doing this above for 1/10th the price of a cheap new car. I’m also not sure why you assume a used vehicle will need immediate financial contribution to make it get you from point A to B. Used cars are usually sold running and driving.
That’s very true, however the person you were replying to was talking about people making the choice to take out a 20,000 dollar loan on a car.
Even in Europe it is quite difficult to find a new car for less than 20,000€. If you need a car because you just found a job which is far and you need to ride to get there, taking a loan is your only option.
I guess you can buy a used car, but likely you can not apply to a loan for that and definitely the loan will not cover the necessary repairs to get it to a working state.
…yeah? I’m not sure where the disconnect is here, you mentioned doing this above for 1/10th the price of a cheap new car. I’m also not sure why you assume a used vehicle will need immediate financial contribution to make it get you from point A to B. Used cars are usually sold running and driving.