Hey guys. I've been eyeing cpo p85s over the past several months. Recently the prices have come down with age or mileage being the big reason for a lower price.
Would you you guys suggest a cpo with 25,000 miles or one with 50,000 but at a $10,000 lower price point. All other things being comparable. I know that EVs and Teslas do not wear out as fast as ICE cars but I'm not sure if the extra 25,000 miles is worth the $10,000 savings or not. Just want to get some thoughts. Thanks.
It depends on how many miles you drive annually and where you mentally draw the line on high mileage. I bought my wife's FX35 with 38,000 miles on it knowing that we'd only put 4000 - 5000 miles a year on it so it would be years before it was a high mileage vehicle, at least what
I consider a high mileage vehicle. With my S I approached it differently because I drive 10,000 - 12,000 miles a year and buying a 50,000 mile car would have netted me a 70,000+ mile car after just a couple years. So I opted to go for a 30,000 mile car, knowing that in a couple of years it would still be in the low 50kish miles. Now some might say the difference is entirely in my head and it is. For some reason I couldn't deal with the car having 70,000 miles in a couple years but I could deal with 50,000 miles.
The other concern that isn't just in your head is battery degradation. This is not covered by the CPO warranty and you will lose range with age/ battery cycles. For this reason, a lower mileage car is better but on top of that, a lower mileage car from a warmer environment is better because all things being equal, it will have fewer battery cycles for the same amount of miles.
With that in mind, I think California cars are the best (no rust, moderate temperatures are easy on the battery, etc) and mid-western/ northern cars the worst as they will have higher battery cycles for the same amount of miles as well as all the corrosion issues that come with cars in these parts of the country.