[Topspinmo]

Originally Posted by Vermilion Villager

Judging from your post I think you are the one who does not realize the cost of an electric vehicle. In the terms of cost per mile the EV is about half the cost.
https://avt.inl.gov/sites/default/fi...fsev/costs.pdf

Right now, but will it be when masses have electric vehicles? That’s the million dollar question? I’m betting kilowatts will be on stock exchange and taxes to death and costs will be same or more.

[Badger 2006]

Originally Posted by flyboyl39

The problem becomes marketing your used ev car. The average age of cars in the US is 12.1 years old. Even with an 8 yr warranty these cars will be unsaleable. The new Ford Mach E battery pack when replaced under warranty is a 40,000 dollar warranty claim. A Prius ( which is only a hybrid with a way cheaper battery pack ) replacement battery pack is 4000. By year 5 most true ev’s lose 30% of their range also. There will be no market for these when used.

Gee why think of that now? Let’s certainly not put all the positives and negatives on the table so we can understand the total picture. Just point the herd to the water hole but certainly don’t inform them of the potential hazards in the water. So re-read the informative quote highlighted above before you rush to the water hole.

[JMintzer]

Don't forget... All those ICE vehicles pay fuel taxes that support road construction, maintenance...

EVs pay none of that... YET...

But not to worry, they'll find a way to tax them (most likely as a per mile tax) and the cost of ownership will rise...

[Topspinmo]

Originally Posted by JMintzer

My Hyundai Genesis is 11+ years old. My wife traded in her 8 yo Acura MDX...

MOST people are keeping vehicles MUCH longer than in the past...

From the Google Machine: "The IHS Markit study showed that vehicles are being made with better quality nowadays, leading consumers to own them longer. According to IHS, the average length of ownership was a record 79.3 months, or nearly seven years."

One hundred mens will test today, but only 3 professionals will keep car pass 3 years….

[MartinSE]

Lots of posts predicting the future with only "common sense" and no backing by anything. And yet, every car maker in the world (or close to it) is jumping on the wagon. They must all be so stupid. If you own any of their stock, I hope you unlock it before the rest of the stock holder decide they are going to go out of business selling EVs.

[JMintzer]

Originally Posted by Topspinmo

One hundred mens will test today, but only 3 professionals will keep car pass 3 years….

That's because many "professionals" lease their vehicles for tax purposes. Leases are most commonly 3 years...

I leased a car once, about 25 years ago. I didn't notice much benefit, so I never did it again... And I've kept my vehicles an average of 7-8 years, before passing them on to my kids...

[MartinSE]

Originally Posted by Badger 2006

By “the current administration” I interpret that to mean “the American taxpayer” which consists of only 43% of American households that paid taxes in 2021. Are we the taxpayers going to receive the income these estimated 500,000 charging stations at a taxpayer cost of $178 Billion will generate?

Uh, wow.

Okay, I had to take a breath. Okay, you may want to push fast forward on that recording your are watching, the number you quoted was from a bill Biden proposed in 2021, and the GOP shot down.

The program he just signed into law is different: Department of Energy


"The program will provide nearly $5 billion over five years to help states create a network of EV charging stations along designated Alternative Fuel Corridors, particularly along the Interstate Highway System. The total amount available to states in Fiscal Year 2022 under the NEVI Formula Program is $615 million."

That's about $16 per tax payer spread over a period of 5 years. Or about $3.20 per year. .

[Blackbird45]

Alternate fuel cars are coming, you can argue about the batteries, their price, the longevity of the vehicle, how long today's owners keep their cars, the charging time, on and on.

At the end the consumer will determine how fast gas cars will fade out. A good barometer to focus on is how much money all the car companies are investing in the EV future. Remember before 1900, horses still dominated the mode of transportation in this country, and we all have to admit things are moving a lot faster today.

Whatever problems these vehicles are facing today will work its way out, as long as there is a profit at the end someone will come up with a solution. No matter how much wants to hold onto the past you cannot stop the future.

[Stu from NYC]

Originally Posted by Blackbird45

Alternate fuel cars are coming, you can argue about the batteries, their price, the longevity of the vehicle, how long today's owners keep their cars, the charging time, on and on.

At the end the consumer will determine how fast gas cars will fade out. A good barometer to focus on is how much money all the car companies are investing in the EV future. Remember before 1900, horses still dominated the mode of transportation in this country, and we all have to admit things are moving a lot faster today.

Whatever problems these vehicles are facing today will work its way out, as long as there is a profit at the end someone will come up with a solution. No matter how much wants to hold onto the past you cannot stop the future.

What you say is true but consumers will still be able to vote with their feet. The question to me is will consumers be willing to pay the extra initial costs of EVs?

Time will tell.

[Two Bills]

My old ICE Volvo has a lot of miles left in it.
Just hope my old body has same!
EV's are for the kids.
Most on here will burn gas until it's time for them to burn!

[bkrug123]

That is a great video about Tesla and Elon Musk. Thank you for sharing.

[mrf0151]

Concerned here about safety of charging a car while in my garage. The only garage vehicle fires in The Villages have been electric golf carts. Now we are hearing about fires starting while charging electric cars. NOT SAFE.
Tesla Model S in US catches fire while charging overnight in a garage

[Topspinmo]

Originally Posted by JMintzer

That's because many "professionals" lease their vehicles for tax purposes. Leases are most commonly 3 years...

I leased a car once, about 25 years ago. I didn't notice much benefit, so I never did it again... And I've kept my vehicles an average of 7-8 years, before passing them on to my kids...

Afraid to keep car pass 3 years, same difference.

[Topspinmo]

Originally Posted by MartinSE

SO, you think the batteries just die one day? Do the engines just die when they are past their 50,000 warranty? (Do any still offer 50,000?)

They degrade over time, at 150,000 miles they are warranted to still get 70% of their original range. So, instead of 600 miles, they would be down to 420. Or instead of 300 miles, they would be down to 210.

And your "outrageously expensive" description is a personal opinion, obviously, a lot of people think they are worth it. And beyond that, the price of EV batteries has dropped by 89% in the past ten years. There is no reason to believe and no evidence that the decline is over. In fact, historically the price of technology plummets as a mass product is adopted. We are NOT yet at mass production. So, it is reasonable the price of those "outrageously expensive" batteries will be "dirt cheap" in 10 years -

Attached is an image of the bill for an out-of-warranty Telsa Model 3 battery replacement recently, the total (including a few other things that were done) was under $17,000. So, even if the dropping price of batteries only continues at the current rate, it will cost a WHOPPING $1,700. And with the advancement of technology, it is reasonable to assume that the "new battery" in 2032 will have a faster charging rate, and go at least twice as far. (personally, I am betting on 10 times as far.)

I bet you lose that bet…

[Topspinmo]

Originally Posted by Sherry8bal

I don't believe it for one minute. Sounds like propaganda to get more people to buy these outrageously priced electric cars. They only want you to buy them because too many "fat cats" have millions invested in them all over the country. The batteries and the cars themselves have been proven to not be good for the environment - it's all about money!

Electric vehicles has to be cheaper to make, but price outrageously high. I’m on fence it could happen in 10 to 15 years? But, majority of us posting will be como toast by then.