I recently heard a rumor about EV owners . . .

BonzaiDuck

Lifer
Jun 30, 2004
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"50% of EV owners are returning to ICE or hybrid vehicles."

Yet I see enough EV's on the road. Do we watch our traffic queues to see who doesn't have tailpipes?
 

Heartbreaker

Diamond Member
Apr 3, 2006
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I believe it was a survey of what people were thinking, not actually doing.

It was: 46% of US EV owners were considering going back.

Surveys are like that are kind of useless. What people actual do matters, not what they are considering.
 
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sdifox

No Lifer
Sep 30, 2005
96,960
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Not to mention a good chunk (quarter) of those surveyed didn't have a garage with charging port. That is never going to work with ev ownership. Unless they go with the NIO model with swappable battery pack, but those stations would need massive upgrade to have more battery packs as well.

 
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Heartbreaker

Diamond Member
Apr 3, 2006
4,337
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Not to mention a good chunk (quarter) of those surveyed didn't have a garage with charging port.

I always wonder who would buy an EV if they couldn't charge it at home. Though you don't need much for that. Even just a regular 120V plug can give you about 4 miles/hour of charging (while you sleep).
 
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K1052

Elite Member
Aug 21, 2003
48,123
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I always wonder who would buy an EV if they couldn't charge it at home. Though you don't need much for that. Even just a regular 120V plug can give you about 4 miles/hour of charging (while you sleep).

I think the only way this makes sense is if you can charge at work reliably. When we got our first PHEV we were in an apartment that had no charging but my husband could charge it up at the office every day easily. Other people simply assume that fast chargers will be both not expensive and convenient I guess.
 

AdamK47

Lifer
Oct 9, 1999
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Do we need another thread?

 
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BonzaiDuck

Lifer
Jun 30, 2004
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Do we need another thread?

Sorry about that, especially sorry because I'd seen the survey thread before. Chalk it up to my cognitive decline during my sunset years.

My brother is a climate denier and an EV critic. He's the one who gave me the misinterpreted rumor info. But it wasn't just rumor: it was a survey.

Right now, I'm looking at hybrids that can actually replace a mid-sized SUV. If my health next year is as good as it is today, I'll spring for a newer hybrid vehicle.

Totally "EV"? We'll wait and see. When will that new Toyota battery technology be available? 700 miles on a charge?
 
Feb 25, 2011
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Sorry about that, especially sorry because I'd seen the survey thread before. Chalk it up to my cognitive decline during my sunset years.

My brother is a climate denier and an EV critic. He's the one who gave me the misinterpreted rumor info. But it wasn't just rumor: it was a survey.

Right now, I'm looking at hybrids that can actually replace a mid-sized SUV. If my health next year is as good as it is today, I'll spring for a newer hybrid vehicle.

Totally "EV"? We'll wait and see. When will that new Toyota battery technology be available? 700 miles on a charge?

I could definitely see people who bought a Tesla a few years ago trading it in for a Hybrid or something. Especially if they're working from home post-pandemic as a lot of people are.

Anecdotally, my douchebag neighbor traded his Model X in for a Corvette, but I think he's probably atypical.

For myself, I think I'd be really happy with a plug-in Hybrid that could get about 50 miles on a charge. At that point I'd be buying 1-2 tanks of gas a year and could charge in my garage. (But I have a garage with a 240v/20A plug, that could be converted to 30A pretty easily if I wanted to. I went to all that trouble and never ended up learning how to weld. Gah.)
 

Red Squirrel

No Lifer
May 24, 2003
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One thing people don't realize with owning an EV is that they have a much higher total cost of ownership, and you take the brunt of that initially when you buy it. I wonder how many people got one thinking it would be cheaper to own and realize it's not. Yeah, you save on gas but that's all you save on. Insurance is higher, repairs such as body work tend to cost way more as they are not designed with servicing in mind, you go through tires faster, etc. Not to mention there are not lot of shops that will work on them and you will be without your car for months so you need to rent one in the meantime.

I often look into getting an EV but it just makes no financial sense when I start to add up the numbers.
 

manly

Lifer
Jan 25, 2000
11,859
2,809
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One thing people don't realize with owning an EV is that they have a much higher total cost of ownership, and you take the brunt of that initially when you buy it. I wonder how many people got one thinking it would be cheaper to own and realize it's not. Yeah, you save on gas but that's all you save on. Insurance is higher, repairs such as body work tend to cost way more as they are not designed with servicing in mind, you go through tires faster, etc. Not to mention there are not lot of shops that will work on them and you will be without your car for months so you need to rent one in the meantime.

I often look into getting an EV but it just makes no financial sense when I start to add up the numbers.
Don't use bullshit numbers?

Yeah a lot of EVs in North America are expensive. Tesla set the precedent of EV = luxury car, so virtually all manufacturers tried the same playbook. But it doesn't have to be that way, it was a choice by the manufacturers.

It's a bit hard to suss out the numbers, but with U.S. BEV tax credits, a new Tesla Model 3 SR+ probably has similar TCO to a new Toyota Camry XLE. The TM3 is much cheaper to operate than luxury cars such as BMW 3 Series or Mercedes-Benz C class. There are some online sources, but it's not an easy analysis to arrive at. And some of it is timing dependent (if you bought a Tesla in 2022 at the height of price gouging, you're screwed). For example:

 

jmagg

Platinum Member
Nov 21, 2001
2,099
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Unfortunately (for that article), 5 years does not an auto lifetime make.
 

Red Squirrel

No Lifer
May 24, 2003
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www.anyf.ca
It's just a general observation. Can buy a used gas vehicle for ~10k, an EV is about 70k+ new once you factor in taxes etc, and there is not really a used market for them yet and I wouldn't buy used anyway as then you need to deal with all the repairs, which are very expensive. Repairs on an EV tend to be in the 5 figure range. and that's not even getting into battery replacements, which are also in the 5 figure range. Nobody other than a few specialized shops such as Electrified Garage will touch the battery pack, so even a minor issue they want to replace the whole thing. I agree, it doesn't need to be this way, they could build these to be repairable just like any other car, but for some reason, they don't. The Rivian for example can cost multiple 10's of thousands (42k in this case) to repair if you get into a minor fender bender. This is also why insurance is so high too.

There are a few Teslas in my area but that's about it as far as EVs go, so I don't think there will ever really be a used market here. Also I don't even know where they bring it to get repaired, as I doubt any shop here will touch them. Probably have to get it floated to the states to an actual Tesla shop. $180/hour is a typical cost for trucking. ~10 hours both ways = you are better off just scrapping it and buying a used gas car.

If, and that's a big If, you get an EV, and have very good luck with it and never have to put in any repairs, MAYBE after like 10 years you'll actually break even and be at a point where the TCO is lower than a gas car, but you will be pretty lucky to never need any repairs. It's a myth that EVs don't need any repairs, they are still a mechanical device and there are some moving parts. Unless it barely gets used, never leaves a paved road, and is not really stressed in any way, things are bound to break over the years.

Edit: meant to say 5 figures not 6...
 
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Red Squirrel

No Lifer
May 24, 2003
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There are some smaller ones like the Chevy Bolt that start at 43k, so about 48k after taxes, so yeah they're not all 70k but still a lot of money regardless. To be fair even the gas car prices are absurd now and really seem to have gone up over the years but still not as bad and at least there is a sizable used market for those so you can get something decent for like 15k.

The repairs like I mentioned is also the big issue when looking at TCO. If you cough up the money and pay the initial price it's one thing, but knowing you could be hit with a 5 figure bill years after the warranty runs out if something breaks is what really makes them not worthwhile financially. Just when you start to break even on cost difference, bam you have to lay down another 10-40k. Of course that's all luck of the draw, not every car is going to have issues, but it's still something to take into account especially if the vehicle is not a pavement princess and actually gets used as a daily driver year round.
 

Red Squirrel

No Lifer
May 24, 2003
68,473
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www.anyf.ca

Red Squirrel

No Lifer
May 24, 2003
68,473
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www.anyf.ca
Dang…I’m not a fan of Nissan autos, but…WOW! What a deal.


24 month lease on a 2025 Nissan Leaf.
$0 down, $19/month.

MUST be a Colorado resident to qualify.

Damn even gas cars are not that cheap here. I'm not a fan of leasing but at that price I'd probably do it. The issue with the Leafs though is the batteries don't have thermal management so they only really work in hot climates. Lithium batteries don't like to be charged below zero. But if it's a lease... I guess that's moot. The dealer's problem after the lease is done. Maybe that is the route to go if you get an EV, just lease it... then the repairs etc are the dealership's problem.
 

BoomerD

No Lifer
Feb 26, 2006
64,224
12,553
136
Damn even gas cars are not that cheap here. I'm not a fan of leasing but at that price I'd probably do it. The issue with the Leafs though is the batteries don't have thermal management so they only really work in hot climates. Lithium batteries don't like to be charged below zero. But if it's a lease... I guess that's moot. The dealer's problem after the lease is done. Maybe that is the route to go if you get an EV, just lease it... then the repairs etc are the dealership's problem.
Repairs during the lease SHOULD be under warranty, same as if you bought it.
 

manly

Lifer
Jan 25, 2000
11,859
2,809
136
Unfortunately (for that article), 5 years does not an auto lifetime make.
In general, BEVs are more expensive to purchase than ICE (outside of China). So they should have higher TCO over the first 5 years, because depreciation is going to be higher.

Arguably, years 6-10 are the sweet spot of car ownership because depreciation will have slowed down, but repair costs are manageable (or low) for most cars. BEV drivetrains are fairly simple, so they just don't have a lot of repair costs down the line. Tesla collision repairs tend to be high because they've tried to control repairs and service a la Apple. That's a manufacturer choice, not some inherent property of EVs that cannot be solved.

Finally, there is still a limited market for used EVs because they haven't gone mass market yet (outside of Norway and China). If and when BEVs capture a large portion of new car sales, there will be plenty of used EVs to purchase 5+ years after.

Our resident Trumpist is making broad claims about EVs that aren't really true; some are properties of the current marketplace that are manufacturer choices. Healthy competition will drive costs downward. Now if you live in a true cold weather climate like he does, then an EV may not be a good fit for you. That hasn't stopped Norwegians from buying a LOT of Teslas anyway.

He'll just continue to spew nonsense such as:
Gas is super cheap too which kind of forces the automakers to make the EVs cheaper.

He's obviously pulling numbers out of his ass on long-term TCO; which we really don't have any good data on because the only large data set we have is for the Model 3.
 

BonzaiDuck

Lifer
Jun 30, 2004
15,880
1,550
126
It's just a general observation. Can buy a used gas vehicle for ~10k, an EV is about 70k+ new once you factor in taxes etc, and there is not really a used market for them yet and I wouldn't buy used anyway as then you need to deal with all the repairs, which are very expensive. Repairs on an EV tend to be in the 5 figure range. and that's not even getting into battery replacements, which are also in the 6 figure range. Nobody other than a few specialized shops such as Electrified Garage will touch the battery pack, so even a minor issue they want to replace the whole thing. I agree, it doesn't need to be this way, they could build these to be repairable just like any other car, but for some reason, they don't. The Rivian for example can cost multiple 10's of thousands (42k in this case) to repair if you get into a minor fender bender. This is also why insurance is so high too.

There are a few Teslas in my area but that's about it as far as EVs go, so I don't think there will ever really be a used market here. Also I don't even know where they bring it to get repaired, as I doubt any shop here will touch them. Probably have to get it floated to the states to an actual Tesla shop. $180/hour is a typical cost for trucking. ~10 hours both ways = you are better off just scrapping it and buying a used gas car.

If, and that's a big If, you get an EV, and have very good luck with it and never have to put in any repairs, MAYBE after like 10 years you'll actually break even and be at a point where the TCO is lower than a gas car, but you will be pretty lucky to never need any repairs. It's a myth that EVs don't need any repairs, they are still a mechanical device and there are some moving parts. Unless it barely gets used, never leaves a paved road, and is not really stressed in any way, things are bound to break over the years.
Your insights are thought-provoking. I know maybe one person -- as a friend -- who bought a PRIUS not long after the early models were released. She's since traded it in for a hybrid Corolla. While she may be a vanguard, her caution is evident together with her limited budget -- prosperous as she may be as a retired senior.

I see more Tesla products on the road. I find myself checking the area under the rear bumper of vehicles ahead of mine at the stoplight, to see who's "gone electric" and who hasn't.

On my part, I'm almost at the end of my 22-year-long Trooper experiment, obvious in a number of threads I've created here at "Garage" over the last five years. As I may have said, the 'SUZU has cost me just slightly more in nominal dollars over that 22 years than the 1995 MSRP for the vehicle. This translates into about $130 / month over that same number of years -- a little higher now after I just put more than $1,000 into sensor replacement with new fuel-pressure regulator and EGR valve. Gas mileage has been restored. The "design-life" of the GM engine is apparently 200,000 miles, but obviously there would be a statistical scatter beyond that with a slow exponential increase in expected failure -- probably over another 100,000 miles. I've just turned over 201,600, and it neither sounds nor feels as though the V6 is ready to die.

For this, I'm spending my money without shame to improve the vehicle's Feng Shui and appease its Machine Manitou: For $700 next Monday, MAACO will repaint the oxidized roof and the rock-damaged hood. Paint and supplies for a DIY project contemplated over the last five years would be over $300. The difference is worth it to alleviate 3M respirator and COPD discomfort, drop-cloth garage mess cleanup and other aspects. Criticize as you must, but I insist on spending that chump change to have it done.

As much as I would like to cut loose of monthly gasoline expenses, I can probably coast for the next few years and watch the technological and market developments as I plot a less-hurried acquisition of an EV, PHEV or HEV. My own decline as a senior citizen may make or break that plan, but I'm still in pretty good shape, with eyesight and reflexes to match.

The climate-change and technological circumstances just don't help clarify the optimal choices for financial reasons coupled with likely personal satisfaction. For the moment, I'm only contemplating a 2021-2024 pre-owned RAV4 XLE hybrid. A Ford Explorer hybrid also caught my eye.
 
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