Quote:
Originally Posted by Paul Markham
You're asking a question like "What does a car cost?"
There's no single answer.
Or simple one.
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To get a fairly basic, unsexy, late model car is likely to run $10k to $20k. It is possible to get a car for less than $10k, as little as a few hundred dollars even, but it will generally be older, less dependable, and more likely to break down. If you are on a limited budget and have to get an older used car, I recommend budgeting around $1,500-2,500 to get something which more or less works and then knowing that you will have somewhat regular repair expenses and be prepared to pay around $100-300 in repairs every couple of months. If you want something you can roll up to the valet in and feel like a baller, there is a brisk price jump and you are probably looking at from around $50k to sky is the limit, although you can get some great deals right now on larger, less fuel-efficient rides. In between $20k and $50k, there is a range of cars which are commonly bought on time by people with consistent solid but not extravagant incomes. If you want a car people would consider nice, but you are not looking to impress particularly expensive women, then a car costs more than $20k but less than $50k.