Cost of second hand cars in Greece

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Squealer Active member

Member since 01 October 2021

SquealerActive member02 May 2022 10:24:02

Could I have opinions on why those costs are so high compared to what we see generally on the European market?

Lekkas New member

Member since 15 October 2019

LekkasNew member16 May 2022 19:58:03

@Squealer

Unfortunately, Greece is a country that it started to recover after the crisis from 2010 - 2020 and immediately went into the coronavirus crisis which was followed by the Ukraine war.

What i mean is that:

- many people lost jobs/incomes

- new cars become more expensive

- climate laws make many cars unable to get into Athens

- inflation is up

- people try to make money from their used cars and prices go up.

So, what i suggest:

1) if you can live without a car for 2-3 or kore years, in order to see how things will settle AND most important, at the same time invest the money you would spend on a car (byu, gas, insurance, services, tires etc), then you will come out with a big amount of money that the interest/performance will pay for your doses for a car. I did that and now i have a brand new SUV that is being paid by my investments. Which means that i both have a car without actually paying plus all the money i would pay to get it, on my investment account.

2) if you can't be without a car, keep looking and eventually something will come up. Buy straight from the owner, not from a shop, you will pay way more (obviously).

3) find a local that you trust to help you.

Where do you look for used cars?

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