Is $25k affordable? How much are cars? 25k sounds like a fuckload of money.
I live in a shitty neighborhood. The amount of Audi, bmw, Porsche SUVs is crazy.
The trick is, luxury cars drop in value insanely fast. A 2 year old Audi is often about the same price as a new Honda. The problem these people don’t account for is maintenance costs. They think they are getting a deal, then they are getting dragged down by an unreliable vehicle that they can’t afford to fix.
$25K for a full electric car is the lowest price ever in the U.S.
I paid $21K for a used gasoline Honda Civic coupe just 2 years ago.
For a new car? $25k is a pretty low price, at least in the US. My car was $24k new 10 years ago. It wasn’t particularly special then.