GRA wrote:Yes, 5 seats. Having restricted myself to only purchasing new cars that CR rates as better or much better than average, I've never had any trouble getting 15 years out of them, but I put on fewer miles than you do. Even the '65 Impala, which stayed in my family for 23 years from new, only had 240k miles on it when we sold it (still going strong). I can see the possible reliability advantage of a new Prime versus a new Ioniq PHEV as weighing in your decision, but if you are comparing a new Ioniq with full warranties to a several years-old used regular Prius with no warranty or one about to run out, I think the odds run very much in favor of the new car, because you will know everything that's happened to it and what kind of maintenance its had, which does give considerable piece of mind over the long term. Or as my dad always put it, when buying a used car, you're probably buying someone else's problems. Unless you can find a car like your Golf, with a meticulous previous owner who's kept full records (I do the same thing as your Golf's previous owner, including keeping a log book showing all expenditures + reason, including date/odo/mpg/gal/distance per fill/location, etc), you have to take the car's history on faith.
And just because CR gives a particular model a MBA rating doesn't mean you can't get a lemon. My dad's '76 Peugeot 504 Diesel had something major go wrong with it about once a year for the 11 years he had it, and when it got into an accident and the insurance company offered to total it, I told him to take the money and run (got him into an Acura Legend)! I'm guessing it was a Monday or Friday-built car, but maybe it was just the luck of the draw.
Well, after taxes and tax credits, a new base Prime is about $21,500 and a new Ioniq would be about $2,000 less than that, or around $19,500. But I think I can get a used Prius with 5 years and 75,000 miles on it for $11,000 with taxes and all. For the price of the Ioniq I could almost buy two used Prii. But which would be a better dollar for mile deal?
Say three guys bought three cars. One a Prime, one an Ioniq and one a used Prius.
Which would last the longest? Probably the Prime. Some have gotten 600,000 miles out of a Prius and those are still running. Of course we have no idea how a Prius will do with a Li Ion battery. How long will it last and how much will it cost to replace? If it's like a regular Prius, perhaps $2,000 every 10 years. But it could be $5,000 every 8 years. We don't know.
What about the Ioniq? Would it last as long as the Prime? I have my doubts. It's a little cheaper at first, but then it might not last 600,000 miles, even with battery replacements. And how will those batteries last and then cost for replacement? If it only lasts 400,000 and the Prime 600,000, the Prime is the better deal.
The guy with the used Prius can buy another one once the first one gives out and will end up spending about the same amount of money as buying a new Prime or Ioniq, maybe a tad more. But how long will a used Prius last him? Say it only lasts 200,000 miles more than original (275,000 miles total), and his second one does to. That would be the same as the new Ioniq , only with two cars. But if both last 300,000 (375,000 miles) then you're at the price of the Prime. If both used Prius last their full 600,000 miles each then the second owner of them will get a total of about a million miles for about the price of the Ioniq or Prime.
Of course the used Prius owner will also have to replace his first battery sooner. So it's not quite a fair comparison.
Am I stingy or what?