4 ms·
If it were true that nothing major was needed until 100k or 150k then car warranties would be of that length. There are reasons why cars depreciate, amongst wh
by muzz 8y ago
If it were true that nothing major was needed until 100k or 150k then car warranties would be of that length.
There are reasons why cars depreciate, amongst which are the fact that they need more money put into them over time.
- 0xfeba 8y agoThey are? Most powertrain warranties are 100k nowadays. Recent cars have unlimited miles/10+ year corrosion warranties as well. Yes, you're taking more risk with a used car. But I have multiple cars, and am a mechanic so it doesn't bother me.
- segmondy 8y agoThe modern day combustion engine is super reliable if maintained. You just have to maintain it. I drove my last car to almost 300k miles and my current is at 240k miles. Of course there are major maintenance items but well worth it. When my car hit 200k I changed the timing belt, water pump, seals, etc. This is on a Lexus LS430. As expensive as it can get. Cost $1800. If I had a cheap car, it will be a $1000 job. Now you have to understand. Do I go get another car or spend $1800? Easy $1800. I'm at 40k more miles. What else have I changed? oil, brakes, tires. That's it. Nothing else! Does it have issues? Meh. Navigation sometimes acts up and freezes which I suspect is the DVD but I can't be bothered. I use my cellphone in those rare moments I need it. Everything else works. All power seats, windows, heated seats, traction, etc And here's the kicker, it's a 2001. 17yrs old. Most cars will hit 200k miles, some reliable ones like toyota, lexus, honda, will hit 300k easy with minimal maintenance. I rather spend $5k-$6k and add another 100k miles. :D