On Aug 22, 2014, at 8:27 AM, Jay Summet via EV <ev@lists.evdl.org> wrote:
> In general I favor purchasing used over leasing for long term value, but > you can't just ignore the possible maintenance costs an 8 year old car > will have over a 0-3 year old car. While it's always a roll of the dice and an older car is more likely to need repairs than a newer one, it's been my experience with even 40- and 50-year-old cars that, so long as the body doesn't have rust problems, even worst-case repair work (such as an engine replacement or transmission overhaul) is still more cost effective than buying new. Hell, you can buy a 40-year-old car and do a full electric conversion on it for less than it typically costs to buy a new BEV, and get better range and performance to boot. The newer cars will (or might) have newer technology, such as airbags and traction control and anti-lock brakes and self-parking and adaptive cruise control and what-not. If that sort of thing is important enough to you to pay the premium of getting a new car every few years, then, yes, the lease option is perfect for you. But if you don't mind not having those things -- and, in many cases, there's a lot to be said for _not_ having a remote-controllable Internet-connected computer in charge of your breaking and steering and throttle and the rest -- then you can put an awful lot of money into your own pocket rather than an auto manufacturer's or bank's pocket. Cheers, b& -------------- next part -------------- A non-text attachment was scrubbed... Name: signature.asc Type: application/pgp-signature Size: 801 bytes Desc: Message signed with OpenPGP using GPGMail URL: <http://lists.evdl.org/private.cgi/ev-evdl.org/attachments/20140822/1ab5fcd2/attachment.pgp> _______________________________________________ UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub http://lists.evdl.org/listinfo.cgi/ev-evdl.org For EV drag racing discussion, please use NEDRA (http://groups.yahoo.com/group/NEDRA)
