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Widely available and cheap doesn’t equate to ‘as cheap as last year’.

I bought a fairly well used 2006 Honda in Jan of 2020 for $5k. After denting the rear fender badly and putting 20k miles on it, it’s worth $7-8k.

A vehicle like that has never appreciated like that. Cash for Clunkers had an impact on availability of $1000 beaters, but nothing like what we’re seeing now.

I used to be able to pick up decent cars (something that needs a little work but runs and drives) for like $500-1000 all day long. Those days are gone. If it runs and drives, you're lucky to get it under $1500-2000.

I'm trying to get rid of a 2007 Civic as I'm moving, and can't really seem to get a very good price for it anywhere...