Car prices have dipped for new and used cars, but they're unlikely to ever drop to pre-pandemic levels.

I personally would not be interested in buying a new car. They depreciate in value too quickly and do the same exact job as a used car.

Used cars also have been run so lemons that come from the factory have been filtered out or fixed.

      • nicholasyager@beehaw.org
        2·
        4 months ago

        This just tells me that 4 in 5(!) Americans may be good candidates for using a bike instead based on geography alone 😁

        This is very clearly a “you’re both correct” situation.

      • Barry Zuckerkorn@beehaw.org
        2·
        4 months ago

        My 4-person household has one car, one electric cargo bike with two kid seats, a regular bicycle, accounts with bikeshare/scooter options around our city, plus mass transit passes, plus the option of Uber/Lyft.

        Bikes might not work as a replacement for a first car, but they can work pretty well as a replacement for a second car, and a tool for reducing total mileage on the car you own.

        Everything depends on where you live, of course, but a substantial number of people live in a place where a bike can reduce the number of miles you drive, even if you never actually give up the car.