this post was submitted on 31 May 2026
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Cars - For Car Enthusiasts
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Most people buying a cheap car think "why buy new when I can get a 3 year old luxury car for the same features". Thus selling more expensive cars is the way to make money. Luxury car buyers like that there is value in their older cars - meaning they can upgrade more often since they don't have to pay that difference.
I question the “most people” part.
In my experience most people want a car that suits their needs, and newer is better. They understand that many of the features are unnecessary gimmicks making it more likely to break, and are profit center for the manufacturer, charging you way more than it costs.
Your “most people” is different from mine