If someone was considering not buying a car because their 401K was not making anything, then they should consider this....how about not buying a car because you don’t have a 401K or anything else that pays interest. What if you have an emergency fund that POSSIBLY allowed for buying another used car, but is not viable now because it seems all but impossible to find a decent affordable used car anymore? That is of course assuming you even HAVE an emergency fund! Thanks to Joe Biden, an affordable, halfway reliable used car seems an almost impossibility any more. Too many of the newer cars will NEVER be affordable used cars because of the way they are built. Too many of the older cars are now collectibles, commanding high prices. Of course, if you have a car you have to buy gas for it too, and thanks to Biden(again) that is becoming tougher & tougher. Remember when America had a real president?
In her situation a large branch came down and destroyed half of her car. And she just got news that her car was totaled. So she had to figure out a way to buy a new car or rent one.
I just bought one. I estimate it was between 25% and 50% "overpriced" compared to similar make, model, and relative age used cars 4 years ago. Thanks, Biden, you evil piece of monkey feces.