4 ms·
I ran the numbers, and I think depreciation was ~ 2000 CAD / year. Yes piece of mind is worth that, and I can attach a number to that to, we've had a car that
by dorfsmay 9y ago
I ran the numbers, and I think depreciation was ~ 2000 CAD / year.
Yes piece of mind is worth that, and I can attach a number to that to, we've had a car that was maintained regularly and broke down, cost of tow + taxi to go to the rental place, rental (we need a minivan => expensive) was close to 1 K CAD. Kia warranty comes with 24 h emergency. We will have an older car once the kids are out (or possibly live somewhere we don't need a car), but today I'm happy to pay this.
- deleted 9y ago[deleted]
- ethbro 9y agoOne thing that never seems to be modeled is variance or risk of repair. F.ex. adding something like this: https://news.ycombinator.com/item?id=11879869 https://news.ycombinator.com/item?id=11879869 Buying a super complicated engine with high reliability is a different risk than buying a simpler engine that has lower reliability, but that can be repaired much more cheaply.
- BeetleB 9y ago>Yes piece of mind is worth that, and I can attach a number to that to, we've had a car that was maintained regularly and broke down, cost of tow + taxi to go to the rental place, rental (we need a minivan => expensive) was close to 1 K CAD. As you admit, it's for piece of mind. Because I can't imagine something like that happening to you every year if you owned a used car.