I mean because a $200 brake job every 3-4 years is a big cost… I could see maybe an engine or trans replacement if you needed one, or if you paid Firestone to do your brake yearly for $2000 lol.
I would wager most people don’t spend $1000 yearly on maintenance, which would be way cheaper then a new $50k+ car. Unless you’re already buying a new $50k car I guess.
I spent $800 over 5 years on my crusty Matrix. Yeah I probably fell behind on some stuff because it was nearing the end of its life in my ownership but still, I gladly would take that trade off for not having any car payment on a newer car.
Been taking my wife’s Soul (I laugh every time I use this phrase) for synthetic changes at West Herr and it’s always like $60.
You sure thats synthetic? They tried charging $15 a qt x 8 qts Mobil1 + filter and labor for my truck. I go to walmart and buy 10qts for $70 + filter instead now.
When I bought the car there in 2016, they had the synthetic oil change upcharge and it was like $80. Then a couple years ago they stopped offering conventional changes altogether and said they only do synthetic now. And it’s $60 for 4 qts and filter, tough to beat. This is the West Herr Kia on Southwestern.
My Buick Enclave with 98k miles still has a KBB trade in target of $8800.
What’s a Tesla 3 going to be worth when it’s 10 years old with 100k miles and no warranty on its insanely expensive to replace battery? I’m legitimately asking because I don’t know. Most of these new electric cars feel like they’re going the direction of just being disposable like everything else in our society. As someone that has always bought lightly used vehicles and done much of my own repairs to save massive amounts of money that I happily spend elsewhere this concerns me.
Saving some money on brakes and oil changes doesn’t seem like much ROI on a $50k plus car if it’s worth nothing and you have to buy another new one when it’s “old”. Somewhere between 23 and 25k (I honestly don’t remember and I’m not digging through my filing cabinet) for my CPO Enclave in 2016 so that’s 7 years. If I got the trade in that’s 16200 or just $2315 a year if I got rid of it today, and every month more I keep it those numbers keep looking better. The maintenance savings on electric have zero chance of remotely getting near those numbers.
Right, I’ve been telling people the days of a hand me down care / first car are over. When a battery costs $3500+ to repair most ev cars will be trash when old… so what will a new driver get to use? Not moms old Buick… that will easily last 30years with semi regular car.
Or maybe I’m wrong and ev cars will last foreve… like ev golf carts oh wait