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CoachKandSportsguy 12-31-2023 01:34 PM

Quote:

Originally Posted by Bill14564 (Post 2286815)
Credit rating and credit reports are used for more than just mortgages these days. If this has worked for you, great. It might not work for everyone.

yeah, had this discussion before, I don't care about my credit rating in retirement either. That doesn't mean that don't pay my bills, I pay my bills on time or ahead of time, I let the credit agency do their ratings, while I do my financially responsible activities. Then i don't worry about what i can't control.

Dusty_Star 12-31-2023 04:00 PM

Quote:

Originally Posted by Two Bills (Post 2286813)
Always wondered why people worried about credit rating after retirement.
I haven't had a decent credit rating for donkeys years.
Couldn't care less.:shrug:

In the US there is frequently a huge difference in premium payments for insurance, for cars or houses, based on credit rating. Maybe even if the insurance company will cover someone. A scam, sure. But it exists.

tophcfa 12-31-2023 04:20 PM

Quote:

Originally Posted by Dusty_Star (Post 2286880)
In the US there is frequently a huge difference in premium payments for insurance, for cars or houses, based on credit rating. Maybe even if the insurance company will cover someone. A scam, sure. But it exists.

It’s not a scam, property and casualty insurance companies are in the business of profitably underwriting, pricing, and diversifying risk. Statistically significant data has proven that customers with lower credit scores are more likely to file tenuous claims and are therefore riskier to insure. Hence the higher premiums based on inferior credit scores. Without this credit based pricing adjustment, everyone would be charged higher premiums, effectively requiring those with better credit to subsidize others.

oldtimes 12-31-2023 04:55 PM

Quote:

Originally Posted by Topspinmo (Post 2286788)
IMO less cause there are less and EV are fairly new. IMO that number will go up as they age, just like ICE vehicles.

Exactly!

manaboutown 12-31-2023 05:17 PM

"Get a horse!" is what they used to say in the early days of ICE powered vehicles which tended to get stuck in mud or otherwise break down.

oldtimes 12-31-2023 05:19 PM

Quote:

Originally Posted by Bill14564 (Post 2286775)
Yeah, they happen, but far less frequently than ICE vehicles. If an ICE vehicle combusts in an apartment parking garage rather than an outdoor parking lot, the results could be disastrous.

It would be interesting to know the cause of the fire. Yes, the batteries made the fire worse, but did they cause the fire or were they ignited by the fire?

Another thing to wonder about: Was the battery fire extinguished or did the batteries simply burn out? Would the results have been the same if the water was used only to contain the fire rather than extinguish it? Or, would that have risked explosion rather than a 42 minute burn? I don't know the answer and haven't found any discussion, I'm just curious.

This is the reality

Challenges During Electric Vehicle Fires in Open & Closed Parking Garages | Firehouse

Bill14564 12-31-2023 05:51 PM

Quote:

Originally Posted by oldtimes (Post 2286893)

Yes, and…?

Topspinmo 12-31-2023 10:36 PM

Quote:

Originally Posted by Bill14564 (Post 2286815)
Credit rating and credit reports are used for more than just mortgages these days. If this has worked for you, great. It might not work for everyone.


To get utilities, internet, phone service most want credit check. I had to unlock my frozen credit for day is some cases.

Topspinmo 12-31-2023 10:45 PM

Quote:

Originally Posted by manaboutown (Post 2286892)
"Get a horse!" is what they used to say in the early days of ICE powered vehicles which tended to get stuck in mud or otherwise break down.

Not that safe either, they can kick. My great, great, great grandfather got kicked in head and died in his early 60’s in late 1800’s

Topspinmo 12-31-2023 10:57 PM

Quote:

Originally Posted by Two Bills (Post 2286759)
I have never had or known of a battery powered torch or watch to catch fire either!

Maybe batteries are so small they can’t generate enough heat to catch fire?

Dusty_Star 01-01-2024 05:39 AM

Quote:

Originally Posted by Topspinmo (Post 2286935)
Maybe batteries are so small they can’t generate enough heat to catch fire?

Yeah, it's tough to get a good thermal runaway with flashlights.

Two Bills 01-01-2024 05:45 AM

Quote:

Originally Posted by Topspinmo (Post 2286935)
Maybe batteries are so small they can’t generate enough heat to catch fire?

They used to be big when they first arrived, same as the car batteries.
They will get smaller and safer as they evolve.
Early days!

Sandy and Ed 01-01-2024 07:19 AM

“……... It’s funny until you consider that the city is writing violation tickets, which eventually will be paid by the offending departments with taxpayer funds.”

Just an accounting entry.

ithos 01-01-2024 08:37 AM

Quote:

Originally Posted by JRcorvette (Post 2286628)
Not sure why anyone would by an EV?

Because it is so good for the environment!

Let us consider, for example, electric cars. To give an idea of this effect, producing a battery weighing 1,100 pounds emits over 70% more carbon dioxide than producing a conventional car in Germany, according to research by the automotive consultancy Berylls Strategy Advisors.

Furthermore, lithium mining requires a lot of water. To extract one ton of lithium requires about 500,000 liters of water, and can result in the poisoning of reservoirs and related health problems.


The Paradox of Lithium

Cliff Fr 01-01-2024 08:50 AM

Luton parking garage
 
Look up the Luton parking garage fire in England. There's a question of whether it started with a hybrid Range Rover or a gas powered car but the results were total devastation. The fire department had to let it burn.


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