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Topic: Electric Vehicle News Items

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Cincydawg

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Re: Electric Vehicle News Items
« Reply #2716 on: August 22, 2025, 12:13:11 PM »
Imagine a realistic scenario by 2030, and we're not far from there, where you want some smallish SUV, Honda CRV, Toyota RAV4, etc.  The model you want costs $35,000 in 2025 dollars, about what a nicer one would cost.  Meanwhile, an EV that is basically the same in nearly every respect costs $33,000, I think it would merit a look.  It would have better acceleration, 300 listed range***, probably better handling, longer brake pad life, and you don't really need it for trips very often.

Our hybrid listed at $40 K, it is a "Lmited" model.  So, maybe the EV model "Limited" costs about the same, maybe a bit less.  I'd give it a hard look if has prices were $5.

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SFBadger96

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Re: Electric Vehicle News Items
« Reply #2717 on: August 22, 2025, 12:48:53 PM »
Not really adding anything new, but speaking with the experience of a recent experience shopping for a car and seriously considering electrics, the battery life is a real hangup for people like me who want a car that will last a long time. I think the used market for electrics is a big risk.
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Cincydawg

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Re: Electric Vehicle News Items
« Reply #2718 on: August 22, 2025, 12:54:19 PM »
The used EV market reflects that perceived risk, which is why it could be appealing to some.
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betarhoalphadelta

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Re: Electric Vehicle News Items
« Reply #2719 on: August 22, 2025, 01:15:33 PM »
Quote from: Cincydawg on August 22, 2025, 12:54:19 PM
The used EV market reflects that perceived risk, which is why it could be appealing to some.
And as I've said, one of the problems with the market for new EVs is the depreciation for used EVs. People are worried about buying new EVs because the resale isn't great.

It's possible a good portion of that is due to concerns about battery life. But another aspect is that brand new EVs are coming down in price quickly and that compresses the used market because a new EV is cheaper than an equivalent new EV was 3 years ago... So the 3 year used EV has to drop its price even more to be a more compelling purchase than new. 

Which may be a factor in my next car purchase. If it's something I'm going to drive 10+ years--hopefully something I drive until the wheels pretty much fall off--I'd buy "gently used" and then I'm not all that worried about my own resale value. So if the EV resale market is still trash, that means I can jump into the used market especially cheaply...
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Cincydawg

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Re: Electric Vehicle News Items
« Reply #2720 on: August 22, 2025, 01:17:05 PM »
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FearlessF

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Re: Electric Vehicle News Items
« Reply #2721 on: September 03, 2025, 08:00:21 AM »

3 years ago, the average price of a used Tesla was over $36k higher than the average price of all used cars. Today, the average price of a used Tesla is lower than than the average price of all used cars.




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Mdot21

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Re: Electric Vehicle News Items
« Reply #2722 on: September 03, 2025, 08:52:31 AM »
Quote from: betarhoalphadelta on August 22, 2025, 01:15:33 PM
And as I've said, one of the problems with the market for new EVs is the depreciation for used EVs. People are worried about buying new EVs because the resale isn't great.

It's possible a good portion of that is due to concerns about battery life. But another aspect is that brand new EVs are coming down in price quickly and that compresses the used market because a new EV is cheaper than an equivalent new EV was 3 years ago... So the 3 year used EV has to drop its price even more to be a more compelling purchase than new.

Which may be a factor in my next car purchase. If it's something I'm going to drive 10+ years--hopefully something I drive until the wheels pretty much fall off--I'd buy "gently used" and then I'm not all that worried about my own resale value. So if the EV resale market is still trash, that means I can jump into the used market especially cheaply...
yup not only does the resale suck on used EVs which makes it dumb for you to buy a new EV- dealers are giving away EV leases. 

Ford giving away F-150 EV for $0 down, $360/mo. lease with 15k miles per year. Sticker on that car is probably close to $65k or more.

GM giving away Hummer EV for $0 down, $970/mo. lease with 15k miles per year. Sticker on that car is over $100k.
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betarhoalphadelta

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Re: Electric Vehicle News Items
« Reply #2723 on: September 03, 2025, 10:36:25 AM »
Quote from: Mdot21 on September 03, 2025, 08:52:31 AM
yup not only does the resale suck on used EVs which makes it dumb for you to buy a new EV- dealers are giving away EV leases.

Ford giving away F-150 EV for $0 down, $360/mo. lease with 15k miles per year. Sticker on that car is probably close to $65k or more.

GM giving away Hummer EV for $0 down, $970/mo. lease with 15k miles per year. Sticker on that car is over $100k.
Damn. If anything happened to my Flex and I needed to replace a vehicle on short notice, that F-150 Lightning would be a slam dunk... 

I'm generally (as I've said many times) not a fan of leasing, but that's a deal worth it. 
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utee94

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Re: Electric Vehicle News Items
« Reply #2724 on: September 03, 2025, 10:39:14 AM »
Man if that Lightning could tow a 9,000 lb load for 250 miles I'd be all over it.
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FearlessF

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Re: Electric Vehicle News Items
« Reply #2725 on: September 03, 2025, 01:57:39 PM »





https://youtu.be/RXlY_rWVFzo


around $120K


9750 towing


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utee94

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Re: Electric Vehicle News Items
« Reply #2726 on: September 03, 2025, 02:10:28 PM »
That's not an electric car!!!

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utee94

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Re: Electric Vehicle News Items
« Reply #2727 on: September 03, 2025, 02:11:57 PM »
And also, 9750 lb max tow capacity isn't nearly enough safety margin for a 9,000 lb load.  My truck is 11,500 lb tow rated.  That's the absolute minimum I'd go with for a 9,000 lb load.
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FearlessF

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Re: Electric Vehicle News Items
« Reply #2728 on: September 03, 2025, 02:16:58 PM »
geez, yer not a structural engineer
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847badgerfan

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Re: Electric Vehicle News Items
« Reply #2729 on: September 03, 2025, 02:23:55 PM »
SE would be even MORE conservative...
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