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Funny because my local craigslist has fucking plenty of 2000-2010 vehicles in that price range. Plenty of private sellers still go in that range.
Sure, if you want a vehicle with 250k miles or known transmission issues (i.e. Ford Fiesta).
My Pontiac with less than 110k miles on it (only just broke 100k last year) begs to differ but you do you.
Tesla didn't even start making the Model S until two years after Pontiac was killed off.
The 1970's called - they want the idea that cars are worn out at 250k miles back.
Modern cars with 250k miles are just broken in. They are not in perfect condition anymore, but with minimal maintenance most still have a lot of life left.