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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Retirement Investing
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Author: intercst   😊 😞
Number: of 1281 
Subject: Re: Cars, year one, no commuting
Date: 03/17/26 2:56 PM
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No. of Recommendations: 2
<< The buyers of NEW EVs will eventually catch on that they will lose a ton of money in the first 1-2 years due to the massive depreciation. >>

Nonsense.

There will always be people who are poor at arithmetic that will buy a new car.

I was very happy to find a 2020 Model Y on Tesla's website for $25,000 ($21,000 after the used EV tax credit.) Many thanks to the original owner who ate the first $40,000 in depreciation.

I'm 2 weeks short of owning the Tesla for a year. My Tesla app tells me that I've driven it 2,500 miles and spent $64 charging it, all that off the 120 volt plug in my garage. The fact that it has "Performance Boost" and boasts a 4.2 sec 0-60 acceleration doesn't seem to show up in the charge bill.

intercst
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This community has written 1,207 posts about Retirement Investing. The article-length ones it recommended most:
The Case for Long-Term Buy and Hold Investing · 49 recs · 2025
Transferring assets to the next generation · 20 recs · 2025
Retirement Year 8 · 17 recs · 2025
(nearly) year one of retirement has been good · 11 recs · 2026
Buying Treasuries Via Vanguard · 10 recs · 2023
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