• BombOmOm@lemmy.world
    link
    fedilink
    English
    arrow-up
    1
    arrow-down
    1
    ·
    edit-2
    5 months ago

    Since it sounds like your car is currently reliable, you have the choice of ‘paying for a new car now’ and ‘maybe have to pay for a new car in the future’. The latter is the less expensive option.

    Edit: Even when considering the trade-in value of a car goes down as it ages, as a new car devalues much, much faster.

    • NotMyOldRedditName@kbin.social
      link
      fedilink
      arrow-up
      2
      ·
      edit-2
      5 months ago

      Well ya, I got years left still.

      But at 8 years it’s resale value will be much higher than at 8 years with a 15-20k battery replacement if it dies.

      There’s a cost/risk to consider there, it just working isn’t a financially sound decision on its own

      Edit: also by the time 8 years is up,getting a 1 year old car to eat that initial depreciation will be easier.