advice on car purchase vs car loan

[ncbill]

Tesla's switching their lower-end to lithium-iron phosphate (LFP) batteries...cheaper, less range, but safer (no 'thermal runaway') versus their current nickel-cobalt-aluminum (NCA) batteries that they say they will keep for their higher-end (long range) vehicles.

I remain hopeful that by 2030 we will see solid-state batteries (double the range for the same size/weight/price) in production & in EVs.

Given the latter I won't be buying any pure EVs before then...just hybrids, traditional or plug-in.

 

[Koolau]

Hmmm. I had to think hard to recall the last car loan I had. It was in 1978 on a "new" 1977 Datsun. I paid it off early (through my credit union). YMMV