Subject: Re: Cars, year one, no commuting
But if I can find someone else to pay the first few years of depreciation on a reliable used one ($40,000 of depreciation for the original owner of my Tesla), so much the better.
Buying used can be good. Low mileage vehicles usually demand a premium, often almost as much as new. Without the warranties (since you're not the original owner). High mileage vehicles can be a lot cheaper, but many of the parts may be approaching end of life (i.e. requires service soon).
Pros and cons.