Quote:
Originally Posted by Isaac Zachary
Just searching around, I can't seem to find a 50,000 miles, 5-year-old Toyota Avalon hybrid for much less than $30,000 nation wide. Now I got my then 50k mile, 5-year-old Toyota Avalon hybrid for about half that 5 years ago.
Now, I know that not all cars have increased in price by 100% compared to pre-pandemic. But they sure have increased.
Looking at 5-year-old, 50k mile cars for $15,000 shows a lot of Mitsubishi Mirages, Kia Rios, maybe a Toyota Yaris or two, and a lot of Chevy Sonics and Ford EcoSports, at least in my search.
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I see a few. A 2018 Toyota Avalon Hybrid XLE had a starting MSRP of $38,420 and likely another $1000 for delivery so it is basically a $40K car. Looking at the 2018s for $24K that is 40% depriciation which is pretty normal. I would expect them to be a bit higher with that low of mileage on a 5 year old car (75,000 is average)
If you want a cheaper hybrid the Camry hybrid was the same size for $10K less. Unfortunately they hold their value a bit better as they don't have the granddad reputation the Avalon has.
