EV prices +10-15%
#137
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I'm not a candidate for an EV until a manufacturer makes a two-seat electric sports car weighing less than 3500 pounds at a price that doesn't trigger more than a few $k in luxury tax, and is preferably under $100k out the door. The EV would have to equal or eclipse the overall performance level - lateral acceleration, braking and acceleration - of my 992 and my GR Supra 3.0 - to be a candidate for a parking spot. Saving money on fuel isn't important to me, nor do I have any brand loyalty with respect to EVs. Porsche's Taycan is dismally disappointing as an overall driving tool (WAY too heavy and I have zero need for four doors or a back seat). The 718 EVs may meet my performance criteria but it appears the price point will be well into 6 figures. I expect another EV brand - perhaps one that doesn't currently exist - will eventually step up to the plate and build what this and I suspect many other enthusiasts would consider a viable replacement for their ICE sports car(s). We aren't there yet.
#138
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-oil changes
-filter changes
-plugs
-alternator
-engine coolant or radiator
-water pump (thought there is a cooling system for the battery...in the case of Tesla integrated with cabin heat/cool)
-brakes last the life of the car with regenerative braking (or until the pads fall apart from corrosion)
-no exhaust system or emissions controls
-and a zillion other bits and bobs
-electric motors are maintenance free...likely for the life of the car
What you will do is wear through tires faster than a comparably sized vehicle though a Model Y is 4,400lbs which is about the same as Macan. Rivian R1T at almost 8,000lbs or Hummer EV at 9,000lbs...well...
#139
Drifting
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Honest query for help with the math using the Mini example. Full disclosure that I know VERY little about EV's and I have nothing against them if it makes financial sense to buy one.
Cooper S ICE = $36,790 plus tax. S EV = $45,590 - $5,000 rebate = $40,590 plus tax, charging station and install. I've been told that EV's have an 8-10 year battery life and then are scrapped. ICE cars last 15 years if taken care of. Running costs for 20,000 km/year based on data above in thread: ICE = $3,650, EV = $296. I don't know what the mtce costs of each would be. So, about $5,000 more plus tax and charger to buy the EV, but $26,832 lower energy/fuel costs over 8 years = maybe $20,000 cheaper for EV over 8 years? Doubt the residual value of the ICE would be equal to this amount. Does that make sense???
Cooper S ICE = $36,790 plus tax. S EV = $45,590 - $5,000 rebate = $40,590 plus tax, charging station and install. I've been told that EV's have an 8-10 year battery life and then are scrapped. ICE cars last 15 years if taken care of. Running costs for 20,000 km/year based on data above in thread: ICE = $3,650, EV = $296. I don't know what the mtce costs of each would be. So, about $5,000 more plus tax and charger to buy the EV, but $26,832 lower energy/fuel costs over 8 years = maybe $20,000 cheaper for EV over 8 years? Doubt the residual value of the ICE would be equal to this amount. Does that make sense???
I don’t think that EVs are scrapped at 10years. Quick look on autotrader and there are plenty of 2012 Leafs forsale (with first gen batteries for cheap) and the newer 2015 Leafs which show remaining battery life say they’re around 90%. Roughly 1% battery life degradation per year it seems.
I’ve been of the view that used EV values would be impacted by Moore’s Law - so far hasn’t happened.
Last edited by BioBanker; 04-18-2023 at 03:24 PM.
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petee_c (04-19-2023)
#140
Burning Brakes
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Incentives in BC are $10k ($5k fed and $5k BC) so that wipes out the difference between the EV and gas Mini for those of us in BC. Plus, if your timing is good, the Province will give you a ChargePoint charger (free, only pay tax on it- about $125) under the ZapIt program.
I don’t think that EVs are scrapped at 10years. Quick look on autotrader and there are plenty of 2012 Leafs forsale (with first gen batteries for cheap) and the newer 2015 Leafs which show remaining battery life say they’re around 90%. Roughly 1% battery life degradation per year it seems.
I’ve been of the view that used EV values would be impacted by Moore’s Law - so far hasn’t happened.
I don’t think that EVs are scrapped at 10years. Quick look on autotrader and there are plenty of 2012 Leafs forsale (with first gen batteries for cheap) and the newer 2015 Leafs which show remaining battery life say they’re around 90%. Roughly 1% battery life degradation per year it seems.
I’ve been of the view that used EV values would be impacted by Moore’s Law - so far hasn’t happened.
There is lots of Data of EV's being scrapped, especially after accidents.
And just to confirm 2 points here...1 you are trusting autotrader ad's for battery degradation to try and make your point, and 2 you believe that something must be a good idea because the government has to pay you a tax rebate to buy it? Are you on Covid booster shot #90 as well? LOL (Sorry wrong thread but I couldn't resist)
#141
Drifting
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There is lots of Data of EV's being scrapped, especially after accidents.
And just to confirm 2 points here...1 you are trusting autotrader ad's for battery degradation to try and make your point, and 2 you believe that something must be a good idea because the government has to pay you a tax rebate to buy it? Are you on Covid booster shot #90 as well? LOL (Sorry wrong thread but I couldn't resist)
And just to confirm 2 points here...1 you are trusting autotrader ad's for battery degradation to try and make your point, and 2 you believe that something must be a good idea because the government has to pay you a tax rebate to buy it? Are you on Covid booster shot #90 as well? LOL (Sorry wrong thread but I couldn't resist)
My only claim or good idea is me saving $0.10 (at least) per km driven in the EV vs the ICE, with $0 incremental cost upfront vs ICE.
The people telling me that I’m not saving $2k-$3k a year by driving the EV vs ICE sometimes are hilarious. It’s my own car and I know how much gas I’m not putting in it.
#142
Burning Brakes
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50% isn't scrap? How do you justify getting 50% of the battery life is acceptable?
#143
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Autotrader add saying battery is at 90% is as easy to confirm as mileage - easier actually because mileage can be messed with! What does the dash say? 90%! Even if it’s 80% after 10years, that does not equal scrap. Even 50% doesn’t.
My only claim or good idea is me saving $0.10 (at least) per km driven in the EV vs the ICE, with $0 incremental cost upfront vs ICE.
The people telling me that I’m not saving $2k-$3k a year by driving the EV vs ICE sometimes are hilarious. It’s my own car and I know how much gas I’m not putting in it.
My only claim or good idea is me saving $0.10 (at least) per km driven in the EV vs the ICE, with $0 incremental cost upfront vs ICE.
The people telling me that I’m not saving $2k-$3k a year by driving the EV vs ICE sometimes are hilarious. It’s my own car and I know how much gas I’m not putting in it.
I am currently looking for a used PHEV and I am finding this to be a major hurdle with sellers and dealers. So much so that I am ready to throw in the towel, as I am not taking a gamble on any car, EV, or ICE.
At the end of the day, EVs have their place in the current market but the technology still has a long long way to go.
#144
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From the various articles that I read at lunch...Tesla batteries are warrantied for 8 years and 70%. Degradation on average of 2.3% per year. Battery life should be 8 -12 years, but not enough data available to say what % will go beyond that. Replacement battery cost is most often greater than the value of the car after the warranty period, so that is where the "scrapped" notion comes from. Comments that future batteries should be cheaper and last longer.
#145
Drifting
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Regardless, we are extrapolating. I believe that the batteries are warrantied across the board for 8 years and even 10 years in CA. So I dont see that EVs are scrap after 10 because the batteries are all garbage.
Heres a study that showed that after 10 years, 10 year old Tesla batteries are at 80% today. Those are the old crappy batteries and anything newer is going to perform better. I guess I will find out personally but I believe that saying EVs are scrap at 10years is misinformation. I bet theyre still at 90% capacity at 10years - plenty. The biggest factor might prove to be that in ten years the new EVs are cheaper than today and going 10x the distance...ie way better at a cheap price.....
No idea if this is a reliable study
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Last edited by BioBanker; 04-19-2023 at 03:25 PM.
#146
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From the various articles that I read at lunch...Tesla batteries are warrantied for 8 years and 70%. Degradation on average of 2.3% per year. Battery life should be 8 -12 years, but not enough data available to say what % will go beyond that. Replacement battery cost is most often greater than the value of the car after the warranty period, so that is where the "scrapped" notion comes from. Comments that future batteries should be cheaper and last longer.
#147
Drifting
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Many models will tell you exactly what the charge capacity is left and what the battery health is.. Tesla has an app called TeslaFi that will also do it.
Another way to do it, plug in an OBD reader that has the capability of telling you exactly how many Wh are left. Divide that by the percent of battery charge shown remaining and compare that to what 100% is for that car. Or you can simply look at the Wh shown on the OBD at 100% charge
.
No need to do long range tests IMO.
PHEV are the best way to go these days in my mind. Once I dont need 2 cars (excluding my fun car) in the household, thats what Ill get - one with enough battery to go 100km but with a gas engine to bail me out when I want to go further.
Another way to do it, plug in an OBD reader that has the capability of telling you exactly how many Wh are left. Divide that by the percent of battery charge shown remaining and compare that to what 100% is for that car. Or you can simply look at the Wh shown on the OBD at 100% charge
No need to do long range tests IMO.
PHEV are the best way to go these days in my mind. Once I dont need 2 cars (excluding my fun car) in the household, thats what Ill get - one with enough battery to go 100km but with a gas engine to bail me out when I want to go further.
#148
Burning Brakes
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The four million mile EV battery is in labs being tested in Halifax. Tests conducted on this new tech battery over the past 4.5 years while being cycled continuously show only a 5% degradation.
https://www.forbes.com/sites/jamesmo...h=658c144672f4
https://www.forbes.com/sites/jamesmo...h=658c144672f4
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Adamant1971 (04-19-2023)
#149
Drifting
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As mentioned earlier, do you really think they are just gonna lay down and die? 😂
https://www.reuters.com/business/sus...ehicles%20(EVs).
https://www.reuters.com/business/sus...ehicles%20(EVs).
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997turbocab (04-24-2023)
#150
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Cleaner fuels isn’t a bad idea but now their arms
are twisted forcing it. Better idea than converting classics to EV as well. That being said we did Montreal to Ottawa yesterday and Ottawa fast charging network is pretty abysmal. We are kicking the can down the road in North America and relying on “private companies” forced through lawsuits for example is stupid… looking at your electrify America/Canada. I don’t mind my tax dollars being used to fund a charging network
The market is in a shift though and BEV registrations are continually going up. BEV will outsell diesels by end of the year in EU https://www.acea.auto/pc-registrations/new-car-registrations-28-8-in-march-battery-electric-13-9-market-share/
are twisted forcing it. Better idea than converting classics to EV as well. That being said we did Montreal to Ottawa yesterday and Ottawa fast charging network is pretty abysmal. We are kicking the can down the road in North America and relying on “private companies” forced through lawsuits for example is stupid… looking at your electrify America/Canada. I don’t mind my tax dollars being used to fund a charging network
The market is in a shift though and BEV registrations are continually going up. BEV will outsell diesels by end of the year in EU https://www.acea.auto/pc-registrations/new-car-registrations-28-8-in-march-battery-electric-13-9-market-share/
Last edited by Gregster; 04-23-2023 at 01:00 PM.