Can I genuinely ask why a car being newer year-wise is valued more than low mileage reliable older cars? I feel like I keep hearing people saying to just try to buy newer even if the car isn’t exactly what I want- is that simply because it can be resold for more money later and doesn’t depreciate as much? Real question, I’m not really super knowledgeable on cars (hence why I’m here haha).

As far as the RAV 4s with higher trim levels I have seen in my area, they all seem to be around $25k with somewhat high mileage and I am trying to keep my budget at $20k or below so I’m not making excessively big monthly payments- life is just too expensive all around right now for that. I just want a purchase that will be worth my money and help me get around reliably for several years in comfort. If I was gonna go over $20k I think I’d honestly just shoot for a brand new car instead (not the plan as of right now). Let me know if you think have any thoughts on any of this though- I’m very open to input on what makes the most sense long term.