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Question about owning 2 vehicles

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Thomas_Thumb
Senior Contributor

Re: Question about owning 2 vehicles


@Beast26 wrote:

What about if my beater car is a 2012 Nissan versa that needed a new cvt transmission at 80,000 miles should I keep this car even though I got the transmission replaced or should I drive it until the transmission possibly goes out again?


I had a 2007 Toyota Highlander hybrid with a CVT. Keep it 17 years. Never had a transmission issue. Sold it for parts at around 150k miles because the hybrid battery died and those cost over $7k to replace.

 

Many CVTs can last a long time and sustain high mileage if not abused. However, a throttle jockey may not be as fortunate.

Fico 9: .......EQ 850 TU 850 EX 850
Fico 8: .......EQ 850 TU 850 EX 850
Fico 4 .....:. EQ 809 TU 823 EX 830 EX Fico 98: 842
Fico 8 BC:. EQ 892 TU 900 EX 900
Fico 8 AU:. EQ 887 TU 897 EX 899
Fico 4 BC:. EQ 826 TU 858, EX Fico 98 BC: 870
Fico 4 AU:. EQ 831 TU 872, EX Fico 98 AU: 861
VS 3.0:...... EQ 835 TU 835 EX 835
CBIS: ........EQ LN Auto 940 EQ LN Home 870 TU Auto 902 TU Home 950
Message 21 of 26
Beast26
Established Contributor

Re: Question about owning 2 vehicles

2012 Nissan versa is one of the worst years for the cvt.  That's why I asked.





Revolving history: 2 years 4months across the board
AAoA:
TU: 5yrs 10months
EX: 2yrs 2 months
EQ: ~5yrs 6 months
Inquiries: Ex: 1/12. EQ: 1/12 Tu: 1/12
As of 10-5-2020

Quicksilver $3,000
Discover It Miles $17,500
Chase Freedom Flex $4,400
Amazon Prime Store Card $6,000
Walmart MC $2,500
Wells Fargo Active Cash $8,000
Citi Custom Cash $8,400
Verizon Visa $20,000
Message 22 of 26
Thomas_Thumb
Senior Contributor

Re: Question about owning 2 vehicles

Yes, some CVTs are better than others. A few types don't handle torque too well. I am not familiar with your Nissan model.

 

I do know Subaru incorporated a specially modified torque converter along with a reinforced CVT belt to address reliability concerns.

 

The Nissan CVT you have may be susceptible to damage from stress. The performance to the torque converter is critical for reliability. Fluid management is very important. Oftentimes the manufacturer updated software particularly with earlier CVTs.

 

Side note: From what I have read a CVT should "typically" run reliably for 100k miles before needing significant service work. That being said, many pre 2015 CVTs suffer from a variety of reliability issues.

 

Continue driving the vehicle but don't count on more than another 70-80k before a 2nd failure. Usually there will be obvious symptoms so you can procure alternate transportation before failure.

Fico 9: .......EQ 850 TU 850 EX 850
Fico 8: .......EQ 850 TU 850 EX 850
Fico 4 .....:. EQ 809 TU 823 EX 830 EX Fico 98: 842
Fico 8 BC:. EQ 892 TU 900 EX 900
Fico 8 AU:. EQ 887 TU 897 EX 899
Fico 4 BC:. EQ 826 TU 858, EX Fico 98 BC: 870
Fico 4 AU:. EQ 831 TU 872, EX Fico 98 AU: 861
VS 3.0:...... EQ 835 TU 835 EX 835
CBIS: ........EQ LN Auto 940 EQ LN Home 870 TU Auto 902 TU Home 950
Message 23 of 26
dfwxjer
Frequent Contributor

Re: Question about owning 2 vehicles


@Beast26 wrote:

2012 Nissan versa is one of the worst years for the cvt.  That's why I asked.


Is the replacement transmission supposed to be more reliable than the factory CVT? Normally I'm all for a beater daily driver, but this era of Nissan is riddled with problems that will end up costing you more money in the long run than they're worth. 

 

Is your other vehicle reliable and does it fit your needs as a daily driver? Can you sell the Nissan for a reasonable amount that will make it worthwhile to you? 

 

Like others above, I have several vehicles that fit my needs, but they all have a specific purpose. My "fun" vehicles are all passion projects, but I wouldn't want to manage issues on a daily driver. Nor would I want to pay insurance, and normal maintenance on a redundant daily driver. You can add rental coverage to your insurance policy for pretty cheap, and I'm sure it'd be far less than you're currently paying for 2 vehicles. Some policies also have mechanical breakdown coverage so you may want to look in to that for your primary. At the very least keeping the Nissan proceeds in a HYSA will be nice insurance should you have any repairs needed for your main vehicle. 

Current active cards:
Amex - Platinum, BCE
BofA - Unlimited Cash Rewards Sig
Chase - CSR, Amazon Prime
Citi - Custom Cash, Costco Visa
TCL - $315k
CC utili - 2%
Experian - 804
Message 24 of 26
Beast26
Established Contributor

Re: Question about owning 2 vehicles

I'm not sure how reliable the replacement cvt was.  I wouldn't mind just having one vehicle it just seems like rentals don't get covered all the way sometimes when people need them.  Sometimes shops keep people's vehicles longer than what you can have the rental for.  I have a 2015 Nissan frontier that has only had one minor problem that is now fixed since I bought it over 5 yrs ago so that is pretty reliable.  The versa however I got the transmission replaced in 2023 and didn't want to sell it after replacing the transmission because I felt like I fixed it up for someone else without getting any use out of it.  It's really good on gas though I just get nervous if I were to only have one vehicle and something were to need repairs on the truck.





Revolving history: 2 years 4months across the board
AAoA:
TU: 5yrs 10months
EX: 2yrs 2 months
EQ: ~5yrs 6 months
Inquiries: Ex: 1/12. EQ: 1/12 Tu: 1/12
As of 10-5-2020

Quicksilver $3,000
Discover It Miles $17,500
Chase Freedom Flex $4,400
Amazon Prime Store Card $6,000
Walmart MC $2,500
Wells Fargo Active Cash $8,000
Citi Custom Cash $8,400
Verizon Visa $20,000
Message 25 of 26
JVO
New Visitor
New Visitor

Re: Question about owning 2 vehicles

Either use your current cash to pay your balance off, or sell one of your cars. Or, combine both in a trade in and get a new vehicle under warranty. 

Message 26 of 26
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