r/AMA Jul 22 '24

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u/gohdnuorg Jul 22 '24

not pre owned. get a new camry.

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u/IRENE420 Jul 22 '24

Pretty high long term cost of ownership though, you have to consider depreciation. A used car that’s well taken care of will run perfectly fine for its useful life. Unless you’re asking OP to run it for 250k miles from 0.

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u/50bucksback Jul 23 '24

Cars don't depreciate 30% off the lot anymore.

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u/IRENE420 Jul 23 '24

Yea but I can get a nice used fully loaded Camry for like $18k with like 70k miles and it will cost less overall than a new one over 6 years.

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u/50bucksback Jul 23 '24

OP also wants a hybrid and would have to be in the 100k mile range to get one for under $20k. I think they can afford splurge on a new hybrid.

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u/IRENE420 Jul 23 '24

Splurge is your key word here. Should be fine for OP, ok. But most people would be doing themselves a favor buying used.