ucmndd
Well-Known Member
I agree, but I think it’s also possible to consider that risk and come out ahead.It just seems pretty risky from a financial point of view to hold any Tesla once its battery pack warranty is over.
I bought my car expecting a useful life of 8 years. That said, I could see some value in keeping it 10, but would consider those two extra years like “bonus” years. If it crapped out after 8 years and a day, that would be a bummer, but I’d basically sell it for scrap and move on having got what I expected out of the car. On the contrary, if it kept going for another 2 years without major issues, that’s clearly a financial benefit.
People are naturally risk averse and thus place more value on things like warranties than would otherwise pencil out - but if you get down to cold hard numbers I think it’s rarely if ever financially beneficial to dump a depreciated out of warranty car for a new one with a warranty to avoid repair costs. Of course there are lots of other reasons to want a new car - chief among them “because I want one”, and I totally get that too. That new car smell….