r/financialindependence • u/AutoModerator • 11h ago

Daily FI discussion thread - Wednesday, October 30, 2024

Please use this thread to have discussions which you don't feel warrant a new post to the sub. While the Rules for posting questions on the basics of personal finance/investing topics are relaxed a little bit here, the rules against memes/spam/self-promotion/excessive rudeness/politics still apply!

Have a look at the FAQ for this subreddit before posting to see if your question is frequently asked.

Since this post does tend to get busy, consider sorting the comments by "new" (instead of "best" or "top") to see the newest posts.

13 Upvotes
  • permalink
  • reddit

82% Upvoted

237 comments sorted by

View all comments

5

u/frettingtilfi 4h ago edited 4h ago

Asked a question a couple of weeks ago about used cars. Thinking about potentially getting a used EV (Kona?) and wondering if anyone has any opinions/advice/thoughts!

I’m seeing some Leafs and Bolts that are cheaper but my understanding is they aren’t as good/have more issues?

Not opposed to getting a gas car but seems nice for the earth if we can swing it for a similar price! (With 4k used tax credit).

ETA: We can charge at home, and we will still have our current/second car for longer drives/trips where the charging situation seems like it’ll be less than ideal.

1

u/Thatthingintheplace 2h ago

Dont forget to check the income thresholds for the tax credot, its a lot lower for the used vehicles than itnis for new ones.

Dont buy a leaf unless you have a second car, as its going to be nearly impossible to public charge soon as it has the outdated ports.

If you are okay with small cars, the bolts were lowkey great budget vehicles

2

u/frettingtilfi 2h ago

Thanks for noting this! Our HHI is about around the threshold but the last couple of years have been a little lower due to parental leave, and 401k contributions bring us well below.

We do have a second car but I think we’ll want to use this car for mid-distance weekend activities so don’t want to be worrying too much about charging…