Buying used car - advice requested

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sman09
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Buying used car - advice requested

Post by sman09 » Thu Aug 09, 2018 11:34 pm

Dear BH

Thinking of replacing by almost 20 year old car with another used one for daily commute to work - distance about 40 miles round trip.

The ones i am considering are the following based on current inventory with dealers my area. Could you kindly share your thoughts and advice on which ones i should consider

- 2010 Subaru Legacy Limited with about 150,000 miles (sold by a non-Subaru dealer) for about $8,000

(do Subary Legacy last as long as Toyota and Honda sedans do?)

- 2015 Nissan Versa s-plus with about 50,000 miles for about $10,000

- 2012 Civic LX with 60,000 miles for $13,000

- 2016 Versa SV with 35000 miles for $11,000

- 2013 Elantra GLS with 50,000 miles for $12,000

- 2014 Elantra SE with 50,000 miles for $12000

- 2015 Sonata SE with 40,000 miles for $14,000

- 2015 Leaf S with 60,000 miles for < $8,000

- 2015 Prius Two with 40,000 miles for $17,000

All the prices are before fees and tax. I am looking for a simple reliable car that would last a while.

Any suggestions of any other cars to consider are also welcome. Also any advice on cars/models to stay away from also appreciated.

Thank you

mhalley
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Re: Buying used car - advice requested

Post by mhalley » Fri Aug 10, 2018 1:31 am

You have a price range from 8 to 17k. I think you need to settle on your price first, then go from there. A leaf can be very economical if you have a short commute. Clark Howard touts used ones as a great deal. I understand nissans are a good value because they are not as popular as the other major imports but have never owned one. You might get a copy of consumer reports and review the reliability ratings for the cars.

sawdust60
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Re: Buying used car - advice requested

Post by sawdust60 » Fri Aug 10, 2018 1:55 am

You might consider new. With end of model year rebates, etc., several might be within your price range. Base models of Mazda3 and Subaru Impreza at $17k or less with some dealing. Pricing for Versa S appears to be quite discounted -- would look at new before paying as much for a used one.

sman09
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Re: Buying used car - advice requested

Post by sman09 » Fri Aug 10, 2018 2:02 am

mhalley wrote:
Fri Aug 10, 2018 1:31 am
You have a price range from 8 to 17k. I think you need to settle on your price first, then go from there. A leaf can be very economical if you have a short commute. Clark Howard touts used ones as a great deal. I understand nissans are a good value because they are not as popular as the other major imports but have never owned one. You might get a copy of consumer reports and review the reliability ratings for the cars.
@mhalley:

Thank you very much - i will look at Nissan Leaf and consumer reports as you suggest.
I agree the price range is quite a bit - because i am okay with holding on to cars for a long time i am open to considering cars at even $17,000 price range (if necessary) although i would prefer to spend in the < $10,000 range.

sman09
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Re: Buying used car - advice requested

Post by sman09 » Fri Aug 10, 2018 2:06 am

sawdust60 wrote:
Fri Aug 10, 2018 1:55 am
You might consider new. With end of model year rebates, etc., several might be within your price range. Base models of Mazda3 and Subaru Impreza at $17k or less with some dealing. Pricing for Versa S appears to be quite discounted -- would look at new before paying as much for a used one.
@sawdust60

Thank you for the inputs and for drawing my attention to new cars. I was so particular about only buying a minimum 3-year old vehicle - but listening to what you say (and the chance of holding to cars for a while), i would be open to taking a look at new cars as well.

The thought of going through a dealer and always having the feeling of "whether i have been taken for a ride", "whether i negotiated well" is so intimidating, that i am thinking of just buying from someone like carmax.

Balefire
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Re: Buying used car - advice requested

Post by Balefire » Fri Aug 10, 2018 4:33 am

Nissan leaf will not make a 40 mile trip safely in the winter.
Winter weather loses 25 to 50 % range.
Battery severely erodes over time.

Hyundai and Kia have traditionally not been known for good quality more than 100,000 miles.

Buy the newest you can afford.

Consider a base Mazda 3. I purchased a 2008 for my mom and a 2015 for my aunt for 17k new each. Never had an issue with either mechanically.

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Alexa9
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Re: Buying used car - advice requested

Post by Alexa9 » Fri Aug 10, 2018 7:08 am

I debated a new car with cloth seats and a used car with leather. I went with new. Japanese cars hold their value well enough it sort of makes sense to buy new unless you like hunting for a deal and haggling.

JerLon
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Re: Buying used car - advice requested

Post by JerLon » Fri Aug 10, 2018 7:20 am

I was just looking at cars in a similar price range as you. I have a commute that is a bit longer (37 miles each way).

I ended up buying a new Prius Prime. With rebates, state tax credit, and the federal tax credit (have to wait until I file taxes in 2019 for this), I will end up paying around $19,500 including all fees (tax, title, etc...). This equates to a purchase price around $17,500 in my state. I couldn't justify paying $15,000-$17,000 for a used Prius or Camry when I could get this one new for $17,500.

pennylane
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Re: Buying used car - advice requested

Post by pennylane » Fri Aug 10, 2018 7:49 am

Get the Prius

nbseer
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Re: Buying used car - advice requested

Post by nbseer » Fri Aug 10, 2018 8:01 am

I agree with checking deals on new vehicles. I was looking for a used car, 2015-2016 with around 30,000 miles, but ended up buying a new 2018 Mazda3 Sport for $16,800 after dealer cash-back, etc. Not much more than a used vehicle would have been.

bloom2708
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Re: Buying used car - advice requested

Post by bloom2708 » Fri Aug 10, 2018 8:14 am

2016 and 2017 Ford Fusion Energi are selling deeply discounted.

It has a ~21 mile all electric range. Full hybrid after the all electric battery is used. You wouldn't make the full commute unless you could plug in at work.

I would guess you could find a 2016 with under 30k miles for $17k.
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ClemsonBogle
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Re: Buying used car - advice requested

Post by ClemsonBogle » Fri Aug 10, 2018 9:52 am

Looking at the list i would get the leaf. ESPECIALLY if your work allows you to plug in there OR you have any HOV laws that affect pure electric vehicles. 8K for a 2015 and 60K seems great. The battery is under warranty for 8 years and 100K and a replacement battery with the same warranty is guaranteed by Nissan to be less than 5500 with no dealer mark up etc.

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ClevrChico
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Re: Buying used car - advice requested

Post by ClevrChico » Fri Aug 10, 2018 9:58 am

sman09 wrote:
Fri Aug 10, 2018 2:06 am
sawdust60 wrote:
Fri Aug 10, 2018 1:55 am
You might consider new. With end of model year rebates, etc., several might be within your price range. Base models of Mazda3 and Subaru Impreza at $17k or less with some dealing. Pricing for Versa S appears to be quite discounted -- would look at new before paying as much for a used one.
@sawdust60

Thank you for the inputs and for drawing my attention to new cars. I was so particular about only buying a minimum 3-year old vehicle - but listening to what you say (and the chance of holding to cars for a while), i would be open to taking a look at new cars as well.

The thought of going through a dealer and always having the feeling of "whether i have been taken for a ride", "whether i negotiated well" is so intimidating, that i am thinking of just buying from someone like carmax.
Since you seem to keep a car a long time, I second the idea of a new car. I've found new car pricing is much more transparent. Decide what you want, email a few dealers, and buy from whomever gives you the best deal. (Be sure they give you an out the door price in the quote.) Piece of cake.

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Re: Buying used car - advice requested

Post by Fallible » Fri Aug 10, 2018 11:04 am

sman09 wrote:
Thu Aug 09, 2018 11:34 pm
...
- 2012 Civic LX with 60,000 miles for $13,000
...
All the prices are before fees and tax. I am looking for a simple reliable car that would last a while. ...
I can comment only on the Civic. I bought a 2014 Civic LX last year, formerly a lease, apx. 24,000 mis. Asking price was around $13,000 and worked it down to $12,000, which was still probably too much. All before fees, tax, trade-in. So far a very nice car, quiet for a small car, lots of important safety features I didn't have on my previous 14-year-old car.
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rg422
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Re: Buying used car - advice requested

Post by rg422 » Fri Aug 10, 2018 11:14 am

Given those choices, I personally would get the Prius. However, for the price of the Prius, you're pretty close to the price of a new Civic if you do some haggling.

Admiral
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Re: Buying used car - advice requested

Post by Admiral » Fri Aug 10, 2018 11:29 am

I would not buy an 8 year old car, period, and certainly not one with those miles, and not as a daily driver. A cherry, maybe. Run don't walk from the Elantra.

Agree that for a commuter car (i.e. must be reliable) that you will keep forever, your best option is to buy new, Prius or a small Honda/Toyota. What you spend more on now will save you oodles in the future in terms of repairs avoided on an old car that has a lot of miles.

Did you look at the Honda Fit? People seem to love them.

Thegame14
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Re: Buying used car - advice requested

Post by Thegame14 » Fri Aug 10, 2018 11:38 am

you can get a 2016 pre-owned Toyota Corolla for about $12-13K it gets almost 40MPG and those cars last forever, I had one at 256K miles and was still running great 20 years later.

mmmodem
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Re: Buying used car - advice requested

Post by mmmodem » Fri Aug 10, 2018 11:46 am

Let's see if I can trim the list for you.

I would remove the Subaru first because it is just too old and too expensive. There's too many miles on it for that year. If it was going for $5000, then I would entertain it.

I would remove the Versa as well because it is a penalty box compared to the other vehicles on here. The only reason to purchase the cheapest car in America when it was new is because it gets great fuel economy. Well, on your list, it isn't that much cheaper than an Elantra. Also since the Versa first came out many years ago the next model size up like the Elantra has caught up in getting the same fuel economy.

I would remove the 2012 Civic. 2012 was a lame duck year for the Civic. It was a brand new model in 2012 to replace the previous 6 year old model. However, it was widely panned by everyone so that Honda updated the vehicle in a single year. It is unheard of for an automobile company to change a new vehicle after only one year. Get a 2013 or later Civic if you want.

That makes the list smaller. If you have another vehicle in the household or your spouse has one, I'd get the Leaf. It's a low maintenance vehicle perfectly suited for your commute. Even if the battery degraded to half it's range, which is rare, it would still be enough for your commute.

If you do not have another vehicle, I'd get a Prius. It has the lowest total cost of ownership of just about any vehicle with an internal combustion engine. See Edmunds.com TCO for more details.

The reason it is low cost is because the vehicle has similar reliability to a Camry. There are no belts whatsoever in the engine to break. The brakes almost never need replacing as most of the time you will use regenerative braking. Mandatory battery replacement is a myth. Consumer reports has shown that battery replacements rates are in the 4% range for older Prius. The tire size is a modest 15" so that they are relatively inexpensive to replace versus 17" sizes that's the norm the days. The hatchback form factor allows you to transport large items including a 65" TV with the hatch closed. Insurance on Prius is very low because despite higher than normal repair costs than say a Civic or Corolla, the number of incidents is lower. I venture a guess that more inexperienced teenagers drive Civics and few would be caught dead in a boring Prius. And before you ask, yes, I am the owner of two Prius, 2005 & 2012 that never needed battery changes. I would've gotten a Leaf if my commute was short enough.

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Re: Buying used car - advice requested

Post by Fallible » Fri Aug 10, 2018 1:19 pm

mmmodem wrote:
Fri Aug 10, 2018 11:46 am
...
I would remove the 2012 Civic. 2012 was a lame duck year for the Civic. It was a brand new model in 2012 to replace the previous 6 year old model. However, it was widely panned by everyone so that Honda updated the vehicle in a single year. It is unheard of for an automobile company to change a new vehicle after only one year. Get a 2013 or later Civic if you want. ...
Before I started shopping around for a used car, I read about the "lame duck" 2012 Civic and Honda's unusual move to quickly inprove both the 2013 and 2014 models. I wonder if that is why the 2014 Civic LX I bought last year is the quietist and most responsive small car I've ever driven; really feels more like a large car.
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GT99
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Re: Buying used car - advice requested

Post by GT99 » Fri Aug 10, 2018 4:11 pm

Balefire wrote:
Fri Aug 10, 2018 4:33 am
Nissan leaf will not make a 40 mile trip safely in the winter.
Winter weather loses 25 to 50 % range.
Battery severely erodes over time.
This is just false (potentially with extremely rare exceptions). I have a 2014 Leaf with just under 40k miles on it. I leased it new, then bought it with Nissan's "we don't want Leaf's back" off-lease discount.

First off, you can readily see the battery degradation when you get in the car on the battery gauge. It starts with 12 bars of capacity. As it loses capacity, it loses bars. I still have 12 bars of capacity on mine. Very easy to check - I wouldn't buy one with less than 11 bars. I've observed maybe a 5%-7% loss of capacity, but not enough to lose a bar (likely soon). I have a 40 mile commute to work, one way (I have chargers at the office), 35 miles of which is highway. Highway speeds kill the battery a lot faster. I'd estimate total range at 45 mph to be around 80-85 miles, while range at 75 mph is more like 50-55 miles.

Temperatures do have a noticeable impact, but nowhere near 25-50% (at least not without really extreme temperatures). Right now in the summer, I typically get to work with 18-23 miles of range remaining. In the winter, it was typically 10-14 miles remaining.
FYI - winter morning temperatures where I am typically average 28-32 degrees.

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Re: Buying used car - advice requested

Post by sixty40 » Fri Aug 10, 2018 4:33 pm

I have a 2012 Prius and it has basically been problem free so I would vote for the Prius. I bought it new, have about 95,000 miles on it, only gas and regular maintenance, nothing else, gets about 50 mpg. Hard to beat.

I have a 2004 Toyota Tacoma that have been basically problem free, this was my commute car prior to the Prius. I just got another used 2017 Toyota Corolla for my kid.

Based on my experience I am particular to Toyotas for a problem free car.

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Re: Buying used car - advice requested

Post by stan1 » Fri Aug 10, 2018 4:36 pm

I think you should look at a new 2018 Mazda 3 sedan or hatchback. They are coming out with a complete redesign in 2019 that has a new Spark Plug Controlled Compression Ignition. I would NOT buy that for a few years as the performance is unknown. You should be able to get a very good deal on a Mazda 3 sedan and it is a perfect commuter car if you don't need Apple Carplay. You'll also find a new Toyota Corolla sedan not much above the higher end of your range. For me the Mazda 3 would be the more enjoyable commuter car. The Mazda 3 also still has an automatic transmission (not a CVT).

sman09
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Re: Buying used car - advice requested

Post by sman09 » Fri Aug 10, 2018 4:41 pm

Thanks a lot for all the inputs and guidance. I hope to come back and respond to each post soon.

Meanwhile, given the lot of support for Leaf, just wanted to check on this - looked up the time it takes to charge the battery and seems like way too much. Could someone that has a Leaf share some information on this?

Also, hearing about Prius as to how it's totally trouble free sounds great!

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tennisplyr
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Re: Buying used car - advice requested

Post by tennisplyr » Fri Aug 10, 2018 4:46 pm

Maybe consider leasing a car. I know many here would argue against the financials of leasing but I've been doing do since 1995. Hey people rent places that they live in, why not a car?
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sman09
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Re: Buying used car - advice requested

Post by sman09 » Fri Aug 10, 2018 4:52 pm

tennisplyr wrote:
Fri Aug 10, 2018 4:46 pm
Maybe consider leasing a car. I know many here would argue against the financials of leasing but I've been doing do since 1995. Hey people rent places that they live in, why not a car?
Thank you @tennisplyr for the suggestion.

The renting a house analogy is an interesting one - could you give additional information to convince someone that has never considered leasing to do so? Also, from your experience what are some drawbacks of leasing (apart from the obvious not really owning the car)

Admiral
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Re: Buying used car - advice requested

Post by Admiral » Fri Aug 10, 2018 6:46 pm

sman09 wrote:
Fri Aug 10, 2018 4:52 pm
tennisplyr wrote:
Fri Aug 10, 2018 4:46 pm
Maybe consider leasing a car. I know many here would argue against the financials of leasing but I've been doing do since 1995. Hey people rent places that they live in, why not a car?
Thank you @tennisplyr for the suggestion.

The renting a house analogy is an interesting one - could you give additional information to convince someone that has never considered leasing to do so? Also, from your experience what are some drawbacks of leasing (apart from the obvious not really owning the car)
You sound like someone who keeps cars for a long, long time. A lease is not advantageous for someone like you. They are geared toward people who want a new car every 3-4 years. In most cases, for the inexpensive cars you are considering, financing will be cheaper (or equally as cheap) as leasing. You can certainly find $199-$229/mo leases for cars like a Civic, with $2-4k (or more) down. But the math is in the dealer's favors, not yours. If you don't require a new car in 36 months, there's little reason to spend $10k on a car that you won't own. Unless there are write-off or other business-type reasons. You would also of course need to monitor your mileage.

sman09
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Re: Buying used car - advice requested

Post by sman09 » Fri Aug 10, 2018 8:09 pm

Admiral wrote:
Fri Aug 10, 2018 6:46 pm
sman09 wrote:
Fri Aug 10, 2018 4:52 pm
tennisplyr wrote:
Fri Aug 10, 2018 4:46 pm
Maybe consider leasing a car. I know many here would argue against the financials of leasing but I've been doing do since 1995. Hey people rent places that they live in, why not a car?
Thank you @tennisplyr for the suggestion.

The renting a house analogy is an interesting one - could you give additional information to convince someone that has never considered leasing to do so? Also, from your experience what are some drawbacks of leasing (apart from the obvious not really owning the car)
You sound like someone who keeps cars for a long, long time. A lease is not advantageous for someone like you. They are geared toward people who want a new car every 3-4 years. In most cases, for the inexpensive cars you are considering, financing will be cheaper (or equally as cheap) as leasing. You can certainly find $199-$229/mo leases for cars like a Civic, with $2-4k (or more) down. But the math is in the dealer's favors, not yours. If you don't require a new car in 36 months, there's little reason to spend $10k on a car that you won't own. Unless there are write-off or other business-type reasons. You would also of course need to monitor your mileage.

Thank you @admiral for the guidance.
You sound like someone who keeps cars for a long, long time.
looks like i accidentally gave an impression of someone who has owned the car all the 20 years - i bought it used from private party (i think i'm the 4th or 5th owner of the car) - bought it at around 145,000 miles 6 years ago. So, have owned it over the last 55000 miles - in fact wanted to hold on to this car for some more time but realized despite being the renowned japanese brand of car it is, it has some repair or the other every year and i have spent quite a bit on it over the last few years - this experience makes me wonder every time i hear someone say, "oh! that car would run forever" - if you change every single part in the car, i think every car would keep running forever, won't it? :wink:

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tennisplyr
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Re: Buying used car - advice requested

Post by tennisplyr » Sat Aug 11, 2018 6:48 am

sman09 wrote:
Fri Aug 10, 2018 4:52 pm
tennisplyr wrote:
Fri Aug 10, 2018 4:46 pm
Maybe consider leasing a car. I know many here would argue against the financials of leasing but I've been doing do since 1995. Hey people rent places that they live in, why not a car?
Thank you @tennisplyr for the suggestion.

The renting a house analogy is an interesting one - could you give additional information to convince someone that has never considered leasing to do so? Also, from your experience what are some drawbacks of leasing (apart from the obvious not really owning the car)
Some advantages for me:

-no major outlay to buy, I actually pay no money down at signing, all built into monthly charge
-brand new car every 3 years
-state of the art accessories, eg, Bluetooth, dual air bags, rear cameras, etc
-probably a safer/nicer vehicle
-new tires, exhaust....virtually no repairs
-bumper to bumper warrantty typically 36 months
-don't own a depreciating asset

I'm not so concerned about the overall extra I'm paying, for me it's worth it.
Last edited by tennisplyr on Sat Aug 11, 2018 7:38 am, edited 1 time in total.
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Admiral
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Re: Buying used car - advice requested

Post by Admiral » Sat Aug 11, 2018 7:26 am

If you intend to buy used--and especially well used, i.e. out of warranty--you should budget for annual preventive maintenance and repairs and build this into what you intend to spend. What that budget is depends on the make and model (i.e. is it a BMW/Porsche with pricey parts and per hour mechanic fees, or a Toyota, where it costs less).

At the very minimum for a cheaper car, I would budget $500 yearly. That's my opinion, others may say it's irrational. So, you can bank that money each month at $45/month, or just keep it in your emergency fund. But maintenance and repairs should be built into what you can afford. If you don't spend it, great: use it for the next car. But all cars cost money, one way or another.

sman09
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Re: Buying used car - advice requested

Post by sman09 » Sat Aug 11, 2018 1:23 pm

Admiral wrote:
Sat Aug 11, 2018 7:26 am
If you intend to buy used--and especially well used, i.e. out of warranty--you should budget for annual preventive maintenance and repairs and build this into what you intend to spend. What that budget is depends on the make and model (i.e. is it a BMW/Porsche with pricey parts and per hour mechanic fees, or a Toyota, where it costs less).

At the very minimum for a cheaper car, I would budget $500 yearly. That's my opinion, others may say it's irrational. So, you can bank that money each month at $45/month, or just keep it in your emergency fund. But maintenance and repairs should be built into what you can afford. If you don't spend it, great: use it for the next car. But all cars cost money, one way or another.
Thanks for sharing this and for the suggestion about having a $$500 or so budget for annual maintenance - sounds very reasonable to me - in fact, going by my experience with this car, it's been at least $500 every year in some repair or the other.

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Re: Buying used car - advice requested

Post by mmmodem » Mon Aug 13, 2018 9:14 am

sman09 wrote:
Fri Aug 10, 2018 4:41 pm
Meanwhile, given the lot of support for Leaf, just wanted to check on this - looked up the time it takes to charge the battery and seems like way too much. Could someone that has a Leaf share some information on this?
There are a few charging options for the Leaf. For the sake of simplicity, I'll just go over the slowest and the fastest charging option. If you charge using a normal everyday 110V outlet, it will charge at around 4 miles an hour. As you can imagine, at this slow rate, it may take a full 24 hours to fully charge a car. But do keep in mind, just like your cell phone, you don't have to do a full charge every day. If you only drive your Leaf 40 miles a day, you're only looking at 10 hours charge time every workday which can be done overnight while you sleep. The fastest DC charge option will charge the Leaf to 80% in 30-45 minutes.

As an anecdote, my sister and I both have plug in vehicles. She actually had two. We did not purchase dedicated charging stations for our home. It wasn't necessary as our vehicles received a full charge overnight with a standard 110v outlet. If the vehicle didn't have enough range for an impromptu evening trip, we drove the other car.

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Re: Buying used car - advice requested

Post by sman09 » Mon Aug 13, 2018 10:10 am

mmmodem wrote:
Mon Aug 13, 2018 9:14 am
sman09 wrote:
Fri Aug 10, 2018 4:41 pm
Meanwhile, given the lot of support for Leaf, just wanted to check on this - looked up the time it takes to charge the battery and seems like way too much. Could someone that has a Leaf share some information on this?
There are a few charging options for the Leaf. For the sake of simplicity, I'll just go over the slowest and the fastest charging option. If you charge using a normal everyday 110V outlet, it will charge at around 4 miles an hour. As you can imagine, at this slow rate, it may take a full 24 hours to fully charge a car. But do keep in mind, just like your cell phone, you don't have to do a full charge every day. If you only drive your Leaf 40 miles a day, you're only looking at 10 hours charge time every workday which can be done overnight while you sleep. The fastest DC charge option will charge the Leaf to 80% in 30-45 minutes.

As an anecdote, my sister and I both have plug in vehicles. She actually had two. We did not purchase dedicated charging stations for our home. It wasn't necessary as our vehicles received a full charge overnight with a standard 110v outlet. If the vehicle didn't have enough range for an impromptu evening trip, we drove the other car.

Thank you for the details- very useful to know this

Are all Leaf models capable of the faster charging option

Is a Prius C also a good option to consider

Any thoughts on driving leaf/ Prius c in mountain west

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Re: Buying used car - advice requested

Post by mmmodem » Mon Aug 13, 2018 1:29 pm

sman09 wrote:
Mon Aug 13, 2018 10:10 am
Thank you for the details- very useful to know this

Are all Leaf models capable of the faster charging option

Is a Prius C also a good option to consider

Any thoughts on driving leaf/ Prius c in mountain west
Not all Leafs can DC fast charge. There are better resources on the internet to look it up than I can explain here. All Leafs will charge at the slowest 110v L1 speed. All Leafs also charge at the faster 240v L2 speed but the charge rate is dependent on the model Leaf you own and EVSE charging equipment you buy. The fastest L3 speed is an option on all Leafs and you use it at public charging stations.

Prius C is a good option to the regular Prius if you're interested in saving a few dollars. It has the same high reliability and low total cost of ownership as a regular Prius. It, however, makes too many compromises to the regular Prius in my opinion. It's smaller, slower, louder, and has less cargo capacity. I would expect better fuel economy for the compromise but it actually gets about the same as the Prius.

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Re: Buying used car - advice requested

Post by Watty » Mon Aug 13, 2018 10:11 pm

nbseer wrote:
Fri Aug 10, 2018 8:01 am
I agree with checking deals on new vehicles. I was looking for a used car, 2015-2016 with around 30,000 miles, but ended up buying a new 2018 Mazda3 Sport for $16,800 after dealer cash-back, etc. Not much more than a used vehicle would have been.
+1

I ended up buying a new Corolla in January for about $15,000 plus about $2,000 in local taxes and registration.

Toyota has added a lot of new safety features in 2018(17???) which was important to me.

If you are comparing a 2018 to something like a 2015 you need to look at the specifications carefully to see the differences since you are really comparing apples to oranges since they have so many different features.

BTW, many of the cars that you listed that are 3 or 4 years old likely will need new tires soon so be sure to budget for that.

sman09
Posts: 211
Joined: Fri Mar 23, 2018 12:02 am

Re: Buying used car - advice requested

Post by sman09 » Mon Aug 13, 2018 10:28 pm

Watty wrote:
Mon Aug 13, 2018 10:11 pm
nbseer wrote:
Fri Aug 10, 2018 8:01 am
I agree with checking deals on new vehicles. I was looking for a used car, 2015-2016 with around 30,000 miles, but ended up buying a new 2018 Mazda3 Sport for $16,800 after dealer cash-back, etc. Not much more than a used vehicle would have been.
+1

I ended up buying a new Corolla in January for about $15,000 plus about $2,000 in local taxes and registration.

Toyota has added a lot of new safety features in 2018(17???) which was important to me.

If you are comparing a 2018 to something like a 2015 you need to look at the specifications carefully to see the differences since you are really comparing apples to oranges since they have so many different features.

BTW, many of the cars that you listed that are 3 or 4 years old likely will need new tires soon so be sure to budget for that.

Thank you @watty!

sman09
Posts: 211
Joined: Fri Mar 23, 2018 12:02 am

Re: Buying used car - advice requested

Post by sman09 » Mon Aug 13, 2018 10:29 pm

mmmodem wrote:
Mon Aug 13, 2018 1:29 pm
sman09 wrote:
Mon Aug 13, 2018 10:10 am
Thank you for the details- very useful to know this

Are all Leaf models capable of the faster charging option

Is a Prius C also a good option to consider

Any thoughts on driving leaf/ Prius c in mountain west
Not all Leafs can DC fast charge. There are better resources on the internet to look it up than I can explain here. All Leafs will charge at the slowest 110v L1 speed. All Leafs also charge at the faster 240v L2 speed but the charge rate is dependent on the model Leaf you own and EVSE charging equipment you buy. The fastest L3 speed is an option on all Leafs and you use it at public charging stations.

Prius C is a good option to the regular Prius if you're interested in saving a few dollars. It has the same high reliability and low total cost of ownership as a regular Prius. It, however, makes too many compromises to the regular Prius in my opinion. It's smaller, slower, louder, and has less cargo capacity. I would expect better fuel economy for the compromise but it actually gets about the same as the Prius.
Thank you @mmmodem

sman09
Posts: 211
Joined: Fri Mar 23, 2018 12:02 am

Re: Buying used car - advice requested

Post by sman09 » Mon Aug 13, 2018 10:29 pm

tennisplyr wrote:
Sat Aug 11, 2018 6:48 am
sman09 wrote:
Fri Aug 10, 2018 4:52 pm
tennisplyr wrote:
Fri Aug 10, 2018 4:46 pm
Maybe consider leasing a car. I know many here would argue against the financials of leasing but I've been doing do since 1995. Hey people rent places that they live in, why not a car?
Thank you @tennisplyr for the suggestion.

The renting a house analogy is an interesting one - could you give additional information to convince someone that has never considered leasing to do so? Also, from your experience what are some drawbacks of leasing (apart from the obvious not really owning the car)
Some advantages for me:

-no major outlay to buy, I actually pay no money down at signing, all built into monthly charge
-brand new car every 3 years
-state of the art accessories, eg, Bluetooth, dual air bags, rear cameras, etc
-probably a safer/nicer vehicle
-new tires, exhaust....virtually no repairs
-bumper to bumper warrantty typically 36 months
-don't own a depreciating asset

I'm not so concerned about the overall extra I'm paying, for me it's worth it.

Thank you @tennisplyr

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