this post was submitted on 03 Jul 2025
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With Tesla, you can turn a $2,442 windshield installation into a $3,174 windshield installation through the power of interest.

This is being reported by the Teslasphere as an "excellent option" to restore affordability to a car market that desperately needs more affordability.

Only, neither of those numbers is even in the same ballpark as affordable.

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[–] nthavoc@lemmy.today 6 points 1 day ago* (last edited 1 day ago) (2 children)

tl;dr: financing regular maintenance parts for any vehicle is a bad idea. Avoid money pits.

Car depreciation is a thing and those prices are insane to finance. It doesn't make sense to buy a part that's worth more than the entire vehicle. This was an issue with Prius's when they first rolled out. When the battery pack died, the car still ran, but it was in the range of 10k to the battery replaced. It did not make sense to replace it on a vehicle that was probably well into 5 or 6 years. You could also sell the Prius because it was still held value as a running vehicle. Thankfully, aftermarket products have been created to significantly reduce the cost to make it reasonable to replace a battery on a Prius; somewhere between $2k to $3k with DIY kit.

It's a stupid idea to finance parts for a vehicle when the value exceeds financing a whole new / used vehicle. If you end up totaling your vehicle, you're still out the cost for just the financed parts. You've essentially put yourself way upside down on a depreciating asset. Pretty sure insurance isn't going to cover the financed parts when they total a vehicle out. Tesla should have allowed right to repair and manuals to fix their wastes of space like Toyota did for the Prius. I know it's a hybrid, but hybrids are looking to be less of a hassle to maintain and best of both worlds. It's a trend to keep milking people for every last penny with financing every damn thing.

[–] Gr0mit@lemmy.world 2 points 1 day ago (1 children)

I just went through this type of situation. My son bought a 2013 Ford C Max PHEV and after less than 2 years, battery released the magic smoke. Since it wasn’t a popular model, there aren’t many options on replacement batteries. Green Bean Bat company said they won’t even try to fix it and Ford wants $12k! We have no choice but to donate the car and eat any value it once had. No one would even take it as a trade in just to dispose of it.

Until the cost of replacement batteries is sorted out, I will never buy an EV again and I was a strong advocate for them until I experienced the real cost.

[–] mrgoosmoos@lemmy.ca 2 points 1 day ago

yeah I'm not sold on EVs. you want to save the world? encourage automakers to make small vehicles. why does everything need to be a 3800 lb vehicle with at least 250 horsepower. bring back compact economical vehicles. raise the cost of fuel by taxation enough to actually pay for a fair chunk of the road maintenance. drive less.

EVs are fantastic for dense areas compared to ICE vehicles. they're still a vehicle, and they're still just a way to get you to consume.

[–] boonhet@sopuli.xyz 2 points 1 day ago* (last edited 1 day ago) (1 children)

Tl;dr: you're technically right, but BEVs aren't sustainable if you need to pay up front for the battery.

A 10-20k battery replacement on a car worth 30-40k used, for an example, is not "regular maintenance" though. And presumably it would come with a new 8 year warranty like the original battery does in every BEV, if you're paying (financing) an OEM battery at the main dealer. Once the vehicle is older and worth less, there will hopefully be cheaper solutions

If BEVs and HEVs can't easily do 20 years of service, we should just stop building them and go back to internal combustion full time. Fuck planned obsolescence.

To be clear I meant there should be government-backed low-interest credit programs for replacing expensive EV parts that would render the car scrap metal when they fail after 8 years and one month. Similar to how you can get student loans with a next-to-nothing interest rate because it's government backed and they mandate a maximum interest rate and payment term. Because otherwise I'm going to trust a 25 year old pollution machine over an 8 year old BEV and that's why there depreciating at a record rate.

You can have an Audi E-Tron for no money at all just a few years after it launched because nobody wants to be left holding the bag. I've owned ICE Audis, Mercs and BMWs with between 300k and 600k on the clock and had no issues that would leave me stranded, except for serpentine belts a couple of times because most of those were bought as poorly maintained vehicles in the first place. I have an easier time trusting a 20 year old car with 500k on it than a 5 year old BEV with 100k or even only 50k on it because I know if I can't sell the 5 year old car before the battery warranty expires, I'm cooked. I've looked at BMW i5, MB EQE, Audi E-Tron, even the Porsche Taycan because they've all nicely depreciated now and I could justify them as a company car (saves me damn near 70% in pretax income compared to buying as a private person), but instead I'm keeping my privately owned 18 year old Diesel A6 because even on a company car I don't want to be hit by a massive battery replacement cost and even if it's a company car, I don't want to buy new because fuck being hit by all that depreciation the first owner gets. But if I could get it at 4% APR for a year or 2, I'd be happy to replace an EV battery to keep it going if the rest of the car is solid and I get a good warranty.

[–] nthavoc@lemmy.today 1 points 1 day ago

I see that argument for financing and I can see that working at a really low APR for a short term if the prices come down from $10k-$12k. Some places, you're looking at choosing between financing a car part or replacing your home HVAC system. In my opinion, companies need to quit holding things so close to their chest and can make even more money creating a battery replacement system similar to a gas station system. Show up, get your depleted battery swapped out, and go on.