Finance -> sub migrated

17 readers

1 users here now

Transition sub to beehaw.org/c/finance - use that instead

If you cannot connect to it, feel free to continue using this sub

founded 3 years ago

MODERATORS

[email protected]

Would there be any substantial benefit to buying a car for extremely cheap? (lemmy.ml)

submitted 2 years ago by [email protected] to c/[email protected]

1 comments fedilink hide all child comments

cross-posted from: https://lemmy.ml/post/241572

The going rate at used car dealerships is 5000 and a friend of a friend has a car in reasonable condition for 1000. I doubt I could find the 1000 offer later on.

For reference a like ebike costs like 2000 without shipping and nobody sells them in my region.

I initially needed a car to get to a job that I don't have anymore. But maybe it'll be useful if I pick up a job outside the city again?

Also, maybe I could flip the car? since I need the money since i'm having job trouble atm.

Part 1 of this post if you're interested.

top 1 comments

sorted by: hot top controversial new old

[–] RaoulDook 1 points 1 year ago

Well if the car works reliably, and is not a death trap that will kill you, then obviously the answer is "yes" because owning a car gives you the freedom to travel anywhere that has roads on your continent.

If you don't have a car, then your freedom to travel is significantly limited versus having a car.

Personally I've been a car owner for about 30 years, and I would never consider not owning one again. I've had lots of trouble with cars, spent lots of money on them, but it was all worth it to have the freedom to travel.

A used car that works can be a great investment. It can also be a money pit if you get a lemon though, so get somebody to check it out first.