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hansvm a day ago

Sorry I wasn't clear. You can get a motor with 100k miles from a totaled car for $3k, including the labor to replace it.

To your actual question, I bought mine (2008, manual) in 2018 for $5k with 100k miles in The Bay, and it took about a month of waiting for a good deal to crop up. I've put another 100k on it without issue and plan to drive it a long time. Inflation and the chip shortage have roughly kept up with depreciation, so I'm currently seeing some good options in the $6k range and similarly expect that $5k is around the bottom of what you can pay for a nice vehicle with 100k miles on it.

Also, deviations can absolutely be that big. It's more prevalent at the top of the market, but there are big differences in Subarus and Civics, for example, in different parts of the country, even in the sub-$5k range. It's often worth a flight and driving back to purchase a car (if you value your time at $0 or have other things to do while you're there).

rockostrich 21 hours ago | parent [-]

Damn, that's a great deal. And yea, $5k seems to be about the bottom of the barrel in terms of getting a decent car.

For my "daily" driver (I drive a few times a week and it's rarely more than 20 miles), I ended up buying an imported WRX on an auction site. Cost more than a used Honda Fit but it's a ton of fun to drive.

zdragnar 16 hours ago | parent [-]

Don't forget, 2008 was before the "cash for clunkers" program that hit the used car market and drove prices up across the board.