chapotraphouse

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Is the gambler 500 dead now? (hexbear.net)

submitted 7 months ago by [email protected] to c/[email protected]

19 comments fedilink hide all child comments

Seriously, I've spent like an hour searching and there appear to be absolutely no used cars in the US or Canada priced at or under $500. In fact, they're not even really close. I can only find a handful of cars under $1000, and they all seem to be parts cars that have major issues that are insurmountable for all but experienced mechanics who happen to have a spare engine laying around.

Am I just searching in the wrong places or what? Where have all the cheap-ass cars gone in this car-mandatory society?

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[–] [email protected] 17 points 7 months ago* (last edited 7 months ago) (1 children)

They've completely disappeared thanks to inflation, not even mentioning the damage to the cheap old car market done by cash-for-clunkers

even beat panther platforms are $2k+

[–] [email protected] 4 points 7 months ago

I imagine lower than usual demand over covid also means there's a few years where fewer than usual cars entered the used market, both from private owners and rental fleets, which has downstream effects.