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I think the point is a used 10k car will almost always be more cost effective.
by mbrumlow 7y ago
I think the point is a used 10k car will almost always be more cost effective.
- rasz 7y agoBangeronomics make most sense only if you are willing to work on your own car.
- vonmoltke 7y agoThey make even less sense for complex, proprietary EVs.
- beatgammit 7y agoNot really. For $10k, I got a car in really good condition with ~$60k miles, and most cars don't have issues until at least 100k miles, if not closer to 150k miles. My car has ~120k miles right now, and I've done very little aside from getting oil changes and having the factory service around 90k miles. My car cost ~$20k new, and I could sell it for $3-5k, so I'm already ahead if I sold and bought another $10k car today. Buying a new car only really makes sense if you're really interested in cutting edge technology or are very particular in the options you want. You can't really get a reasonable electric car used, so new is going to be your best bet there. However, you will pay more than if you buy a quality used car.
- zaroth 7y agoOf course it will be, but isn’t that totally irrelevant? You can’t release a new type of used car!
- justin66 7y agoIt's difficult to generalize. A 10k luxury car is a high-risk proposition, unlikely to be cost effective. (cost of maintenance, insurance, etc.)
- nicoburns 7y agoThese might be 10k when you buy them used...