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prmoustachetoday at 8:18 AM2 repliesview on HN

People say buying used car is a lottery, but so is buying a new released car model. I've seen people having to send their brand new shiny car to the shop on a regular basis. The odds of getting a good experience are higher than blindly buying a second hand car with unknow history but not necessarily much better than buying a 20y old car (whose typical failure points are well known by that point) with complete documented history and knowing a good maintenance shop.

Usually buying a new car that already went to a facelift is your best bet as it means it has been significantly long enough in the market to get most of its early gremlins known and sorted.

Having said that I would now only consider buying a new car if I can pay it in one installment. I once loaned a new car and I regretted it immediately. Car was good but the amount I paid each month would have been better spent/invested elsewhere. I now drive a 20y old car that I paid cash last year. I checked before buying what were the main failure point (CVT transmission if not maintained properly) and bought a car with all the invoices and documentation checking it had been maintained properly and had her CVT oil changed. I expected a few things to fix (audio speaker, shocks) and negociated taking those into account.

The car drive very well, is spatious and comfortable, I could afford replacing it if it died suddently. I would only consider a new car if I decided to go electric but gas price would need to multiply by 3 at the very least. I've seen people going EV then back to gas when they realized that after ~8 years of use their EV needed a battery replacement whose cost negated any saving on gas. I think battery price needs to go down for more EV adoption. Nobody wants to buy a second hand EV if it needs a usd10-15k for a new battery and an EV becomes pretty much unsellable at this point without a replaced battery.


Replies

bryanlarsentoday at 11:20 AM

> Nobody wants to buy a second hand EV if it needs a usd10-15k for a new battery and an EV becomes pretty much unsellable at this point without a replaced battery.

Enough people believe this that such cars are the best deal right now, by far. You're more likely to have to replace a Toyota Engine by 200,000 miles (4%) than a Tesla Battery (3%). As long as the battery has liquid cooling (aka not the Leaf) and is relatively large (small batteries do more cycles per mile) and you do a battery health check at time of purchase to look for abuse, the battery will likely outlast the rest of the car, unless you're doing Taxi type milage. In which case you need to ensure you're getting an LFP battery, which should last close to a million miles.

Peanuts99today at 8:51 AM

I think you greatly overestimate how many 8-10 year old EVs will actually require replacement batteries. Barring a few models with poor engineering choices, most cars will still have 80% of their capacity after 10 years and won't have the downsides of having a 10 year old ICE engine with a variable record of maintenance.

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