EVs lose value faster than all other types.

……..and I was going to buy one for my daughter on Sunday! Dam that Buttegeig, he left that part out in a speech promoting EVs yesterday.
Y’all hurt people, you really do. Gore all about Climate Control has gone from Networth of 1.7million to 300 million today. Yet contributes to emissions etc.

https://www.valuewalk.com/al-gore-net-worth/

https://www.carparts.com/blog/electric-vehicle-depreciation-101-why-do-evs-lose-their-value-faster-than-gas-cars/




Just keeping y’all posted. Dam, almost bought that car.

From your own link:

"EVs offer savings on fuel costs, repair bills, and price tags for older vehicles that compensate for their higher original price and faster depreciation rate."

Still time to get her that car.

@vivify
I think EV's are in the same boat as gas cars were in 1920 or so, not enough gas stations. Word on the street is the electric motors on EV's are not that reliable, if you get 100K out one you are lucky.
But the battery situation is the worse part, new chemistry will fix that in a few years but for now I think it is a bit premature to jump into EV's unless you just use it to go the store and such, local driving. Present day batteries have a problem in cold weather and hot weather also plus the 20,000 bucks it takes to replace them.
NASA has developed batteries based on alternative chemistry that is stackable, meaning you can pile one on another like pancakes which completely simplifies battery construction instead of the half million D cell kind of stuff we have now.

@sonhouse said
@vivify
I think EV's are in the same boat as gas cars were in 1920 or so, not enough gas stations. Word on the street is the electric motors on EV's are not that reliable, if you get 100K out one you are lucky.
But the battery situation is the worse part, new chemistry will fix that in a few years but for now I think it is a bit premature to jump into EV's unless you just ...[text shortened]... letely simplifies battery construction instead of the half million D cell kind of stuff we have now.

@vivify
Yep, this is young technology having to grow up and it will but not in 2024, more like 2028 hopefully.

@AverageJoe1

I’m not convinced that EV tech is really ripe for mass consumption, or that it represents a reduction in pollutants compared to infernal-combustion powered vehicles.

First, if masses of people were to switch from gasoline or diesel powered vehicles to EVs, where would the juice come from (leaving aside the question of the infrastructure issue, where all the charging stations are supposed to come from)? How is the electricity to be produced? If by burning coal or uranium, then we shall not have reduced the pollutants at all, we’ll merely have moved them from the exhaust pipe to the smoke stack and nuclear waste disposal site.

Second, where the power is generated is not often where the power is consumed, and the electrical power grid utilizes a chemical, SF6, which is orders of magnitude more damaging to the atmosphere than what comes out the exhaust pipe of a gasoline powered vehicle. See the following:

https://www.bbc.co.uk/news/science-environment-49567197

Thirdly, batteries are not nature friendly to dispose of.

Personally, I’m sticking with my gasoline powered vehicle for a while yet, and cycling and riding public transit where it’s not massively inconvenient.

I can think of a darn good reason as to why people are leery of 2nd hand EV's.
When the battery has to be changed, it is very expensive - they can cost between $2,000 and $20,000 to replace

@earl-of-trumps said
I can think of a darn good reason as to why people are leery of 2nd hand EV's.
When the battery has to be changed, it is very expensive - they can cost between $2,000 and $20,000 to replace

In general, you can expect the lifespan of an EV's battery pack to be at least 10 years or 100,000 miles. Most will go much longer and further if you treat them right

The carbon footprint (skidmark? ) of EV’s isn’t as good as is often made out. Mercedes, for example, can make a diesel car which in the car’s lifetime is better formthe environment than an EV of the same class.
Extra weight, the batteries, etc. are all not very good.

The only real alternative is the hydrogen motor. But the infrastructure for that is not being pushed enough (yet).

@shavixmir said


The only real alternative is the hydrogen motor. But the infrastructure for that is not being pushed enough (yet).

@moonbus said
@AverageJoe1

I’m not convinced that EV tech is really ripe for mass consumption, or that it represents a reduction in pollutants compared to infernal-combustion powered vehicles.

First, if masses of people were to switch from gasoline or diesel powered vehicles to EVs, where would the juice come from (leaving aside the question of the infrastructure issue, where all the ...[text shortened]... ehicle for a while yet, and cycling and riding public transit where it’s not massively inconvenient.

@averagejoe1 said
Well written, I wonder also, if I run out of juice in the most remote part of auto access areas, what is the remedy other than a tow truck?
Yuk.

Jackson, Wyoming purchased several EV public transportation buses from a company in California.
I don't think that decision is working out very well for them. You decide! Here's a link:

https://cowboystatedaily.com/2023/09/26/jackson-buys-8-electric-buses-for-transit-system-but-none-are-working/

@mwmiller said
Jackson, Wyoming purchased several EV public transportation buses from a company in California.
I don't think that decision is working out very well for them. You decide! Here's a link:

https://cowboystatedaily.com/2023/09/26/jackson-buys-8-electric-buses-for-transit-system-but-none-are-working/

@averagejoe1 said
The Germans in World War II had tanks that were like BMWs. The downside was that they were hard to fix when they broke down on the desert. However, our tanks, I think were built by Ford Motor Company, and our men could fix them with a wrench.
So given this history of fancy cars on the road, which car would you rather be in …..with a wrench?
But wait, I do not think I know any liberal who has ever even touched a wrench. I used to sleep with mine as a child.!