this post was submitted on 15 Aug 2026
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[–] vivalapivo@lemmy.today 0 points 5 days ago (7 children)
[–] beastrabban@lemmy.world 2 points 5 days ago (5 children)

I'm not an expert, and I'm just spitballing here, but I'd say it's some combo of the following:

  • cars last a lot longer, a 200k mile car still might have a couple years of solid life left
  • inflation makes 2000$ now 4000$
  • everyone is hard up for cash and needs to sell stuff at the most possible amount of money
  • boomers are famous for considering everything they touch to increase in value
  • a ton of used cars are off the market due to gov shenanigans
  • the typical car is much pricier now, so the typical used car is also pricier

anyone got any others?

[–] auzy1@lemmy.world 1 points 5 days ago

Boomers were my first thought too.

Particularly car enthusiasts often overvalue their stuff, and attack everything they won't benefit from (like EV's, or electrification).

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