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Car buyers should also take into account potential issues like transmission problems, how quickly the car will depreciate in value, and repair costs, in order not to be unpleasantly surprised with financial burdens or maintenance headaches down the road.
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Generating income without constantly working is not necessarily challenging.
Tesla
.”
Despite its luxurious appeal, owning a Tesla may turn into a financial burden when maintenance is needed. Pyle considers high-end vehicles like Tesla and Rivian unappealing due to their considerable upkeep costs. The base model of a 2024 Tesla Model 3 comes with a price tag of nearly $41,000, but that’s just the beginning of the expenses.
Pyle panned Tesla and Rivian, ranking them as the cars he’d least likely purchase.
The car frequently breaks down and the cost to repair it far exceeds the vehicle’s worth.”
Tesla has what it considers to be one of the most expensive vehicles to repair and maintain in its “culture of cars.”
You can expect to pay roughly $5,552 in repair costs while owning a Tesla. One key factor contributing to this is the difficulty in sourcing unique Tesla parts, which can be pricey, much like those found in other high-end cars, according to Lewis.
Even though it is one of the electric vehicles on the market, Tesla is typically more expensive than others. Lewis found that fixing a Tesla throughout its lifespan can cost about $1,078 more than other electric vehicles.
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Rivian
from their Illinois factory.
The cost of repairing a vehicle in the event of an accident can frequently be as expensive as a monthly car payment.
A 2025 Rivian R1T pickup truck begins at a price of $71,000. Like Tesla, repairing one can be costly. A Rivian owner reported in an online posting that a minor accident ended up being more expensive than he anticipated. The damage, which seemed to be limited to a bent front bumper and a dented rear tailgate, required mechanics to disassemble the entire rear section and took over two and a half months to repair.
The Rivian owner stated, “I thought the repair costs would be high, but I had no idea.” “The insurance initially estimated the damage at around $1,600 and sent me a check, however, the final bill was more than $42,000.”
Any New Truck
Pyle stated that he wouldn’t purchase any new trucks, encompassing models from Ford, Dodge, Chevy, Nissan, and Toyota.
Light-duty to heavy-duty models are priced way too high,” Pyle said. “You can expect to lose between 35% to 55% of the car’s value within the first five years of ownership, especially in vehicles priced between $30,000 to $50,000. It makes more sense to buy a used car, so the initial owner absorbs the initial depreciation loss.
It’s predicted that a Ford F-350 Super Duty, for instance, will lose approximately 36% of its value within a five-year period, resulting in a resale value of roughly $49,000, given an initial purchase price of $76,350.
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Renegade Jeep and Fiat 500
Pyle stated that the Jeep Renegade and Fiat 500 have the same underpinning structure, also requiring similar repair work.
It’s not just about the cost of the repairs, but more about how often they’re needed,” said Pyle. “For many owners, these cars spend more time parked on a lot waiting for repairs, rather than being driven problem-free.
According to Edmunds Car Review, the 2023 Jeep Renegade was given a value rating of 6 out of 10.
Among the best in its class,” Edmunds reviewers noted.
For the cost, you wouldn’t expect much extravagance, but you don’t get any kind of exceptional luxury inside, and it feels like it’s lacking overall, considering the Jeep’s rugged, no-frills design you’re paying for.”
The 2023 Fiat 500x received a value score of 7 out of 10 from Edmunds review team, performing slightly better than the Jeep Renegade. While testers praised the “soft-touch materials” and the matching exterior color trim, they were turned off by the vehicle’s pricey cost and the unappealing sound of its accessories.
“Updating those features would significantly enhance the overall quality and ambiance of driving this vehicle,” said Edmunds reviewers.
Ford Fiesta, Nissan Vehicles, and Small 4-Wheel Drives
The next cars Pyle would not purchase were the Ford Fiesta, Nissan models, and small sport utility vehicles.
According to Pyle, the dual-clutch transaxle and CVT (Continuous Variable Transaxles) models have reliability issues. If they malfunction, repairing them is extremely costly and many independent mechanics are unwilling to work on them, which means they will need to go to the dealership instead.
The Ford Fiesta has been involved in numerous lawsuits since 2012. During that time, it became evident that Ford had been aware of issues with the vehicle’s PowerShift transmission, a dual-clutch transaxle, and still chose to proceed with its sale.
Multiple owners reported experiencing relayed issues, even after doing repairs such as clutch replacements, output shaft replacements, and complete transmission replacements.
Meanwhile, Nissan owners of cars from model years 2013 to 2018 reported to the National Highway Traffic Safety Administration (NHTSA) that their vehicles’ Continuously Variable Transmission (CVT) was malfunctioning, leading to problems such as “jerky movements and slow acceleration that potentially resulted in accidents.”
Jeep Grand Cherokee
The Jeeger Grand Cherokee received an average dependability rating from the critics at Carparts.com.
According to Lisa Conant, a writer for an online provider of aftermarket auto parts, “This vehicle received a reliability rating of 3.5 out of 5 from RepairPal and placed 15th among the 26 midsize SUVs examined based on data from various model years.”
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Pyle pointed out several reasons why he wouldn’t purchase a Jeep Grand Cherokee.
The main complaints with these vehicles are the costly repairs and prematurely failing parts due to faulty manufacturing, plus an overly high initial purchase price,” Pyle noted. “If you’re planning to buy a new one before the warranty has expired, consider adding an extended warranty.
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