If you buy a used car past a certain age and mileage, are you just going to end up paying as much or more on repairs as you save on the purchase price? What's the sweet spot where you actually come out ahead, or is there none?
Depends how handy you are. A $2,500 mid-aughts Corolla will probably look like shit but you can get it up to 250k without replacing anything too substantial on it and you don't have to worry about your "investment" in what is ultimately a practical item.
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Additionally, the biggest value drop in a car's lifetime is when it leaves the lot with its first owner. Best value theoretically might be a used 2020 with one mile on it that you intend to drive until it dies. Easier find a 100k Hyundai/Toyota/Honda, year arbitrary.
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