You save up and get a second hand car you can afford. Why buy a new one, even a car with 30K miles or 50K KMs is a lot cheaper, while its still new enough to drive for a while without major repairs.
I mean you could buy a lightly used Dacia maybe? Or a Fiat 500 maybe.
But if you want a decently comfy car, nothing luxury, but also not a basic model, 20-30k is minimum for lightly used. German cars depreciate quickly so they’re your best bet in that price range. Toyotas and Volvos will actually be more expensive for same year, mileage, size.
I just checked in NL when I search for cars 2010 or later and max 60K KM (50 isn’t an option on the site I used). I can find multiple small cars starting at 3000 euros. I selected a price range at 10K euros max and found almost 3000 cars, there are definitely decent options for way less than 20-30K
how are you buying cars? Because I’m in Europe and they’re expensive here too.
You save up and get a second hand car you can afford. Why buy a new one, even a car with 30K miles or 50K KMs is a lot cheaper, while its still new enough to drive for a while without major repairs.
50k km is still “need a loan” territory for most people. The absolute newest car I’ve owned was 144k km, 3 years old, and still cost near 30k.
Plus when it’s like 2% + 6 months euribor for a lease you get to keep at the end, it starts looking hella more attractive.
Now the APR in the OP, that’s predatory af.
Thanks for clarifying this. I know the EU does a lot of things better but I was confused about how you’re paying €5k for a good vehicle lol
I mean you could buy a lightly used Dacia maybe? Or a Fiat 500 maybe.
But if you want a decently comfy car, nothing luxury, but also not a basic model, 20-30k is minimum for lightly used. German cars depreciate quickly so they’re your best bet in that price range. Toyotas and Volvos will actually be more expensive for same year, mileage, size.
I just checked in NL when I search for cars 2010 or later and max 60K KM (50 isn’t an option on the site I used). I can find multiple small cars starting at 3000 euros. I selected a price range at 10K euros max and found almost 3000 cars, there are definitely decent options for way less than 20-30K