General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSo, What Are the Cheapest 2020 Electric Cars in the USA?
https://www.edmunds.com/electric-car/articles/cheapest-electric-cars/At the link, you'll find a list of them, starting with the Mini EV, which comes in the lowest with a list price starting at $30,750.
The Nissan Leaf is next, starting at $32,535.
They go up from there. All of the cars with a starting price under $40K have a driving distance under 200 miles, except for the Chevy Bolt, which starts at $37,495 and can go up to 259 miles on a charge.
You want more than that, you'll have to pay more.
My wife and I bought a 2020 KIA Soul for $19,000 out the door. It's not electric. It burns gasoline at about 35 MPG on the highway, and can go about 350 miles on a full tank of gas. We drive it about 6000 miles per year, or less if there is a COVID-19 pandemic.
We couldn't afford to own the cheapest EV. Too expensive. Lots of people, I'd think, would fine an EV unaffordable.
Cirque du So-What
(25,989 posts)Prices will trend downward when demand puts enough pressure on automakers to retool and make EVs. Once an OEM or two are all-in with EVs, the rest will follow suit to avoid getting left out.
MineralMan
(146,336 posts)I doubt it, frankly. I'm not seeing that trend developing, despite an active market for EVs.
Interestingly, the least expensive EVs have the shortest between-charge distance you can drive.
Batteries are expensive, and so are more powerful motors. And then there's the car itself.
What is the cost to keep such vehicles charged?
Zorro
(15,749 posts)Yes I know he's prone to some exaggeration, but he did say that's the goal.
ProfessorGAC
(65,227 posts)You're looking for trends where they cannot yet exist.
EVs are still a niche market for the automakers.
They retool the lines for lower volume machines (luxury and sport). They don't reset the lines for your Kia. That line is in higher demand, so any retooling is for next year's model. Not for an EV.
As this product becomes a dominant item of commerce, the economies of scale kick in.
But, we're way short of that. In 2019, it was only 1.9% of all new cars sold.
Less than 1 in 50 isn't going to generate downward price pressure. They're still a boutique item.
MineralMan
(146,336 posts)KIA is making EVs, too. There is even an EV version of my Soul, although it is not available in the US yet. KIA and its parent company, Hyundai is investing heavily in EV production.
The problem is demand. There just isn't all that much demand so far. That's partly due to short driving ranges and challenges involved with charging EVs for most people. Now, if you have a nice attached garage at your dwelling place, it's not that big a problem, although you'll want to install a charging station to speed up the charging time. So, you have to buy the equipment and hire an electrician to install it, which adds to your cost of ownership of the EV.
For many people, the charging issue is an end-of-game dilemma. If you live in multi-family housing, as is also the dream of most city planners, someone is going to have to pay for charging stations in the buildings' garages. That's not going to play well with low-income housing, I'm sure.
I think we're a long way from the EV revolution, to be quite frank.
Chili
(1,725 posts)I drilled a hole in my basement window so that a long outdoor extension would reach my car from one of the basement outlets. Works perfectly.
bif
(22,764 posts)We bought a used Lincoln hybrid and absolutely love it. We can go 700 miles on a tank of gas in the summer!
frazzled
(18,402 posts)earlier this past year after our 14-year-old Prius developed an issue (its first in 14 years) that was too expensive a repair to justify. We average just under 60 miles to the gallon, and produce far fewer emissions than a full gas-powered car. And it was nowhere close to the price of the cheapest electric vehicle. (Plus, since we live in a multiple-dwelling building with indoor parking, we would also have to install the electricity in our parking spot to charge the car, if that would even be possible.)
Because there's nowhere to go this year anyway, we've only put very few miles on the new car, but hey ... it'll be there when we can toodle about and travel again. At this point, we have to remember to just get in the car once a week or so and drive around somewhere (without getting out) just to keep the thing in shape and make sure a rat doesn't come to live under the hood.
albacore
(2,407 posts)Best all around vehicle we've ever had. Big enough for me - a big guy, but nimble as hell. Turning radius made in heaven. Always over 50 mpg. Moved a small chest freezer in the back, with the seat down. Low maintenance, too.
I looked at all the electrics, then I looked at charging options, limitations on range... and our next car will be another Prius.
And yes... the plural of Prius is Prii.
jimfields33
(16,005 posts)How on earth can I or anybody else pay 37,000 for an electic car. I dont care if you get some back in taxes, you still need to pay up front. My last car was 19,500 and I will do all I can to buy a car under 20K. I dont need the bells and whistles that add to the price of the car.
Liberal In Texas
(13,583 posts)jimfields33
(16,005 posts)Liberal In Texas
(13,583 posts)Feds came right off the top. Got it all back.
Also, if I'd lived in Austin, they have an additional one for their residents.
jimfields33
(16,005 posts)Perhaps they should deduct it immediately and let the state send it to the dealership. I think thats more far and doable for buyers.
Polybius
(15,498 posts)If we want to go all-electric, we have to push an incentive. Make under $25,000 a year? Then I trade in my 18 years old car, and pay a $,5000 fee or so.
MineralMan
(146,336 posts)they will be made by private enterprise, which has to make a profit to survive.
Should the government subsidize EVs? Again, who will pay for those subsidies?
Who will pay for the electricity used to charge their batteries?
tinrobot
(10,924 posts)You could get a decent used EV for $10-20k. The cheapest ones go for about $5k.
Maybe the government could do an incentive for used cars.
essme
(1,207 posts)the range, and the cost bother me. Also, at one point it was hard to find mechanics that could work on Subaru's in small midwest towns. I don't know if that's true anymore.
But, yes- less expensive, longer range, and ease of charging are going to be detrimental to sales in the short term.
tinrobot
(10,924 posts)Road trips are totally possible.
The charging networks are the big bottleneck at this point. Most of the country is covered, particularly on the coasts, but we need more redundancy. That will happen within a few years.
Chili
(1,725 posts)My old falling-apart car was about to make me take out another loan and put another $1000 into it to keep running. But I got lucky - used car dealer wanted to get rid of the 2-year old Leaf just sitting on the lot with only 22,000 miles on it. They offered $7,900 for it.
*Snatch!*
Still driving it, love it. The problem with these cars is that, if you're not intensely interested in the environment, and you think you're just being cool owning it, you're going to be very disappointed in the car. I get only 100 "miles" when fully charged... which accounts for heat / AC usage, which eats up some of those miles. If you go to work, have kids or sig other to pick up, and still have groceries to get, you're screwed. For me, I don't have the easily rechargeable Leaf, but I don't have kids or sig other / spouse. I just need to get to work and back, go get groceries, and go to my Cavs game. That's it! I rarely even come close to the 100 miles. I charge it over night and I'm good to go in the morning.
However, my great vet is waaaay on the other side of town. Have to drive street traffic - highway miles sometimes suck up the mileage fast.
shanti
(21,675 posts)with the Leaf, especially the lease returns and rentals. The problem with an all EV (to me) is that the technology is evolving so quickly that I feel that what I'd buy now would be obsolete in a few years. I'd prefer a hybrid, but the current Prius styling is ugly to me. I like the older style, so may end up with an older Prius as I seldom drive anymore.
Wounded Bear
(58,726 posts)As an apartment dweller, I don't have a ready means of charging an EV. Hell, I don't have a garage or even assigned parking.
I could perhaps get away with a hybrid, assuming the on board gas engine could adequately charge the batteries, but I would have to be careful there as well. If the hybrid requires frequent trips to a charging station, it's kind of unusable by me.
We need serious infrastructure upgrades if we really want to make that switch a general thing. Would like to make that switch, but for now, it ain't happening.
Chili
(1,725 posts)What would help is if parking lots could add EV plug-in chargers, especially large buildings with the space. The Walmart near me has 4 charging spaces... which get parked in by non-EV cars. Still... hopefully there will come a day when actually having an EV will be easier, more convenient.
Liberal In Texas
(13,583 posts)Many hotels have as well. Either these are paid for as a community benefit or pay-as-you go stations could be installed.
The elec. really doesn't cost that much.
MineralMan
(146,336 posts)I live in a city in which most cars end up being parked on the street in residential neighborhoods. Where do they charge their EVs? And who pays for the electricity? Where do they plug them in? Who pays for the charging stations?
While I agree that EVs would be more friendly to the environment, that will only be true when we are using renewable resources to produce electricity. Otherwise, burning fossil fuel to make enough electricity to charge all those EVs is going to create at least equivalent use of those fossil fuels. At least.
Our current energy grid could not come close to handline the requirements of a nation full of EVs. New power generation facilities would be required. Who pays for those?
EVs are nice. They're quiet and reliable. But, they cost too much and must be charged too frequently.
WinkelTripel
(11 posts)You'll notice some areas have a lot more infrastructure built out than others. As an apartment dweller in the Bay Area, there are numerous opportunities for me to charge using a public charger within a few blocks of my home (if I had an electric vehicle). There's also fast chargers at a lot of retail stores (Walmart, Whole Foods, etc.) But I see elsewhere in the country the charger selection is much more sparse, for now.
You might recall that California is banning gas powered vehicles as of 2035: https://www.npr.org/2020/09/23/916209659/california-governor-signs-order-banning-sales-of-new-gasoline-cars-by-2035.
I'm sure this will greatly affect the economics in this space as we get closer, with effects seen well beyond CA also.
Hassin Bin Sober
(26,345 posts)Unless its a plug in hybrid
Even a plug in hybrid doesnt REQUIRE a charging station.
We are on our second plug in hybrid Ford Fusion. Plugging it in will get us about 27 miles of pure electric. After that the engine kicks on like a regular car and you can go until you run out of gas.
Some people go a whole year or more without using gas if, say, they work close enough to home and/or can charge at the office. Weekend around towns are usually all electric for us.
(The fusion has a feature that burns some gas if you never use gas so the gas doesnt get stale. Not sure how that works since we use gas on long road trips at least once a month)
LuvNewcastle
(16,858 posts)the cars will really sell. Besides the cost issue, people don't buy them because they're afraid of being stranded somewhere without a charging station. Make them mandatory at gas stations, maybe? They won't sell if people can't get the juice.
MineralMan
(146,336 posts)Nobody seems to have an answer for those questions, but they are real question that must be answered.
LuvNewcastle
(16,858 posts)infrastructure spending in this country, and it won't be cheap. It will require a lot of labor, though, so if those men and women are paid a decent salary, they'll be able to pay a lot of taxes. The job would be so massive that we would need a lot of immigrants to come in and work as well. If the Democrats and the Republicans could just work out some details about who and how to tax for the spending and who will be the beneficiaries of the largesse, we could maybe get something done.
MineralMan
(146,336 posts)Roads, bridges, water systems, sewer systems and tons more things that need updates, repairs, etc.
I suspect that stuff is a greater need than EV charging stations everywhere.
LuvNewcastle
(16,858 posts)charging stations and universal broadband in the plans for our infrastructure juggernaut. Hire people to draw up plans for all of those things and then get to work replacing and/or building.
MineralMan
(146,336 posts)Too expensive, I guess. We had a bridge in an Interstate fall into the Mississippi River in Minneapolis a few years ago. You know, that sort of thing. It got replaced, of course, but there are still big potholes in the street in front of my house, and the 75 year old water mains on my street keep breaking. There are rectangular holes all over the place in St. Paul, patched with asphalt, where they dug down and put patches on that old water main piping.
In some parts of the city, the water mains are over 100 years old. They are failing, too. I'm guessing they'll get a higher priority than charging stations at every parking space, somehow.
Liberal In Texas
(13,583 posts)For other makes, there are private companies installing charging stations and the driver pays for the electricity when he/she charges up.
Mostly one only uses these on the road, most everyone charges at home.
MineralMan
(146,336 posts)and parking in open parking lots? Who's going to install all those outdoor charging stations in all those parking lots?
It's easy to say that people will charge their EVs at home. However, not everyone lives in a house with an attached garage. Not even close to everyone.
See, that's all part of the problem. The more EVs that are sold, the more charging stations are needed. But, people don't want to buy an EV unless there is a way to charge it right now. Mostly, there isn't, really. Someone in this thread mentioned an extension cord from a plug in a basement. That doesn't seem to be a practical solution, really, overall.
Liberal In Texas
(13,583 posts)You don't have to find a lot with a charging station when you drive downtown. The Niro EV (for example) range is 239 miles. The Tesla's are like 400. That's a lot of commuting.
You don't have to have a garage. Just a place to locate the box and run 220 to it. These things aren't rocket science. People are clever enough to figure out how they're going to charge their cars when they get one.
hatrack
(59,593 posts)As part of the settlement for their diesel emissions cheating, they founded a for-profit called Electrify America which is installing Level 3 chargers along major highways. That's the direct part.
The indirect part is coming through the states.
Each state got a piece of the settlement based on how many diesel VW cars with the cheat code were owned and operated in each state. So, for example, in Missouri, MODNR is in charge of building out the charging network, also along interstate and major federal highways, and is offering 80% support for contractors willing to bid to install the charging stations.
In both cases, the drivers pay for the electricity, either with a membership in ChargePoint or something similar, or with a credit card.
That said, since most of your time in your car is spent locally, that doesn't really go to the question of local charging. Some of the utilities (Ameren, Evergy, PG&E) have invested in regional charging networks, but there are still a lot of blank spots on the map.
https://afdc.energy.gov/stations/#/find/nearest?fuel=ELEC&ev_levels=dc_fast
tinrobot
(10,924 posts)Volkswagen, as part of the dieselgate settlement is spending $2 billion on a coast to coast charging network. It is complete enough so that you could drive from coast to coast in just about any EV. The stations are 70-100 miles apart.
On top of that, state governments are chipping in. California, Oregon, and Washington built a west coat network. Oklahoma (of all states) is placing chargers along all major highways. So is Iowa.
Even cities are getting into the act. Pasadena just put almost 50 fast chargers on the roof of a downtown parking garage.
Then there are private chargers being installed by Chargepoint, EVgo, and others.
On top of that, Tesla has their private charging network.
As for pricing, it depends. Some chargers are free, some charge a fee.
But the bottom line is that the infrastructure is getting built out and quickly - the rate is accelerating.
BSdetect
(8,999 posts)Of course its manual windows and door locks so no problems with those made to fail crap items. Cost $14k
Just over 100k miles. Auto trans and AC
Great for commutes.
Put money into Tesla shares. Making very nice gains. Enough to buy an EV one day. Maybe.
Towlie
(5,328 posts)
←
States That Charge Extra Fees To Own An Electric Vehicle
Seems wrong, doesn't it?
Chili
(1,725 posts)I had a pay a whopping $268 to renew my registration this year. Damn!
MineralMan
(146,336 posts)through taxes on gasoline and vehicle registration fees. If a car uses no gasoline, revenues go down. If enough cars don't use gasoline, they plummet. Who pays for that?
So, no, it doesn't seem wrong.
Towlie
(5,328 posts)
←
Advancing technology is separating the convenient correlation between gasoline use and road use that has been traditionally exploited to simplify taxation. Maybe we need to find a better way.
Also, fuel-burning vehicles deplete natural resources and pollute the air. Now what was your question? Oh yes: "Who pays for that?"
Decouple gas tax from roads. Both the revenue and the expense should be part of general fund. Even if you never drive anywhere and object to paying for roads, somebodys got to drive to deliver you your stuff you need to live. And if youre Daniel Boone and McGuyver put together and youre fully self sustaining - SORRY - we all pay for something we dont use and dont want.
coti
(4,612 posts)as a matter of public policy. To then create a significant disincentive like charging extra registration fees seems to be working against one's self and inconsistent. There are supposed to be advantages to owning an EV, not artificially-created disadvantages.
TheBlackAdder
(28,225 posts).
These will charge the car in around 10 minutes, have twice the range and last over 10 years/ 150K miles.
Oh, and the batteries will cost a fraction of current technology.
Toyota plan to showcase a solid-state battery for the 2020 Tokyo Olympics, and a future variant might retain 90% of its charge for upwards to 30 years and charge the vehicle in under 15 minutes.
.
MineralMan
(146,336 posts)TheBlackAdder
(28,225 posts).
Several companies are moving to solid-state, because it's made mostly from silicon which is worldwide.
The problem is, when you buy a new electric car, some of the batteries under-perform and other are not even functional. They degrade at varying times and when you get them serviced, if they even last 5-7 years, only the batteries that are under 70% or so get replaced and that just means others in that pack are about to fail too. So, the rebuilt battery packs generally only extend the life about two years, no more than three.
.
Liberal In Texas
(13,583 posts)And they aren't just thrown in a landfill at the end of life. They're recycled rebuilt.
Makes a lot more sense than subsidizing the fossil fuel industry with generous tax breaks every year and pumping chemicals into the atmosphere out of your tail pipe.
Chili
(1,725 posts)... to buy another used Leaf. Hopefully the cost will still be affordable (bought my 2 yr old for $7,900), plus a newer vehicle will offer more than the 100 miles I can charge up to now.
Hassin Bin Sober
(26,345 posts)Its already changing home construction.
As these batteries get cheaper and more capacity you will see more people able to go truly off grid. If you can store excess power on site for cheap there will be no reason to tie in to the grid.
Instead of using a gasoline/propane/natural gas powered back up generator we will see more quiet battery packs hung on walls.
AlexSFCA
(6,139 posts)but it will take years. In the meantime, hybrids are a good compromise and affordable. We may need to wait a decade before large family SUVs can be charged in 10 mins.
Liberal In Texas
(13,583 posts)The Mini you mention has a $7,500 federal rebate. That brings it down to $23,250.
Other makes have similar incentives. (Although for some makes the limit was reached and they're not available anymore.)
Then there are local rebates that vary from state to state. In Texas I got a check from the state for $2000 over and above the federal for my Niro PHEV when I bought it..
I hardly ever buy gas for it. Most trips are within the 25 mile round trip range and only use electricity, no gas. And we haven't noticed a change in the power bill charging at home.
TheBlackAdder
(28,225 posts)Liberal In Texas
(13,583 posts)tinrobot
(10,924 posts)That EV is also one of the most reliable on the market. The Mini EV will not be very different.
But hey, the old British Minis in the 60's sure had problems...
TheBlackAdder
(28,225 posts).
BMW's electric car was at least in good company; it was one of no fewer than seven BMW models deemed to be poor used-car choices.
And it wasn't the worst of the bunch.
While Consumer Reports says the i3 has below average reliability, the carmaker's 5 Series sedan was determined to be "much worse than average" across model years 2006-2008, 2010-2012, and 2015.
https://www.greencarreports.com/news/1102878_consumer-reports-avoid-buying-used-2014-bmw-i3-electric-cars
.
LizBeth
(9,952 posts)Pandemic certainly made a difference but not lots of driving otherwise. But, no, I won't be spending that kind of money. My Camry was 25k'ish.
SWBTATTReg
(22,174 posts)of DU for this very helpful snapshot on owning an EV. I've always had an urge to perhaps own an EV, with the very low mileage I drive per year (16K since 2016-2020 (note to self, call insurance co., see if I get reduction due to low miles driven)). But I've always thought that the prices would be somewhat higher (and they are, from the posts). I did pull up some stuff on tax rebates too, on these cars, and of course there's tons of information one can find out while online regarding tax rebates for EV (states especially may have differing amounts if they offer a tax rebate). Thanks again all.
+++
Electric vehicles powered by a battery or hydrogen fuel cell are eligible for a rebate of $2,500, for the first 2,000 applicants. Tax credits for heavy duty electric vehicles with $25,000 in credit available in 2017, $20,000 in 2018, $18,000 in 2019, and $15,000 in 2020.
Electric Car Tax Credits: What's Available? | EnergySage
www.energysage.com/electric-vehicles/costs-and-benefits-evs/ev-tax-credits/
www.energysage.com/electric-vehicles/costs-and-benefits-evs/ev-tax-credits/
Miguelito Loveless
(4,475 posts)Would not buy, new or used, as fueling stations are scarce.
MineralMan
(146,336 posts)I doubt that is going to be a solution, really.
Miguelito Loveless
(4,475 posts)but for road travel, not a chance.
SWBTATTReg
(22,174 posts)installing such a charging unit at home would cost too. Thanks for the tidbit of info.
Take care!
Miguelito Loveless
(4,475 posts)And a few in TX and DC. Thats it.
Hassin Bin Sober
(26,345 posts)They are actually called Electric Vehicle Service Equipment (EVSE) as the actual charger is built in to the car.
I see nicer Level 2 WiFi EVSEs on Amazon for around $700 bucks.
A level 2 wired at 230 volts will max out our plug in hybrid in less than 2 hours. Thats only 27 miles on pure electric.
A level 2 will fully charge a full electric Tesla in 10 hours. A level one charger would take days to go from 0 to 100%
Our car came with a level 1 charger that took 8 hours plugged in to a 110 volt wall outlet. No electrician needed.
Obviously the situation would dictate what an electrician would charge for a level 2. Some level 2s can plug in to 230 volt outlet (think something like dryer outlet) or you can hard wire them.
They are relatively easy basic electrical work for a skilled handyman.
SWBTATTReg
(22,174 posts)Take care and be safe.
Wellstone ruled
(34,661 posts)just for my contribution in save our Environment. Our Neighbor just Leased a new Leaf two weeks ago. Yes it is great for running around town,but,if they do go out of town,they take their Prius. So the old adage is,if you need to travel more than two hundred miles,the infrastructure and the Charging down time forces one to go Hybrid,which is only viable if you do a bumper to bumper lease.
Cost of Repairs on Hybrids are beyond through the roof.
BTW,your local Power Company was the first in the nation to have a fleet of EV's back in the late 70's and early 80's.
Initech
(100,107 posts)I was originally looking at plug-in hybrids like the Honda Clarity and Chevy Volt, but was told that they are not practical for how much I drive every day. Plus Honda and Chevrolet had like zero incentives for new car buyers. The deal I got on the Subaru more than makes up for the amount that I spend on gas every month.
Miguelito Loveless
(4,475 posts)Which are much cheaper, especially as quite a few will be coming of lease.
The model depends on your daily driving needs.
Leaf 2015-2017
Volt 2016-2018 PHEV
Bolt 2017-
hatrack
(59,593 posts)There are a lot of used EVs on the market, usually low-mileage and typically for half or less of MSRP.
Depreciation is still fairly high, since batteries do degrade over time, and the market's still relatively small, as noted above.
You will lose some range since that's just the nature of batteries, but in most cases no more than a bar or two. Buying off-lease is a good approach.
Baclava
(12,047 posts)Yeah, battery 'improvements' are always 'a year or two away', meanwhile range and recharging options are limited
$60-80,000 will get you features u get in a $30K gas equivalent, so spend away, its your money
MineralMan
(146,336 posts)Until that isn't the case, we're not going to all be driving EVs. I know a couple of people who have an EV. All of them have a gasoline-powered vehicle as well. All of them. Typically, it's a big-ass SUV they use to tow the boat or for long-distance trips. The EV is for commuting and as a show for their neighbors about how progressive they are.
Funny, that.
Sogo
(4,997 posts)specifically because they do a lot of long distance travelling. As mentioned in another post, Tesla has their own charging stations, so that's never been a problem for them.
They purchased solar panels (I believe from Tesla; at least I know Tesla sells them) that they've installed on their garage and charge their car from them, so operating their car locally is virtually without cost. The cost was all up front in purchasing the panels and having them installed. He explains that Teslas are virtually maintenance-free and expects his to last a million miles, just occasionally needing to purchase tires.
His rational for buying Tesla is that all the upfront costs of owning a Tesla are paid out over time in owning less expensive, fossil fuel cars.
P.S. He's been making a good sum off his Tesla stock, as well....
Liberal In Texas
(13,583 posts)My battery is warranted for 10 years.
Range for pure EVs is up to 400 miles and getting better all the time.
My 2019 Kia Niro PHEV after incentives came in around $30K. It has power everything, heated and cooled leather seats, heated steering wheel, remote start, Harman Karden stereo, parking assist, power heated folding mirrors, power memory seat, wireless phone charger, navigation system, cargo cover. The only thing not available I wish they'd offered is a power rear gate.
I put in a charging station. It was tax deductible, including the electricians fee.
Baclava
(12,047 posts)I can buy a used Kia Soul for $3700 right now if i want a ride to the grocery store car, lol, and never have to worry about finding a gas station
Liberal In Texas
(13,583 posts)I've bought gas for it all of 2 times last year. I also have 2 cars that are older. A Firebird and a Honda. But I'm never buying an ICE (Internal Combustion Engine) car again.
Once you drive an EV you'll never want to go back.
Liberal In Texas
(13,583 posts)want a bit larger vehicle. (The Niro is a midsized SUV or some say a crossover) I'm not sure what model one could find, but no doubt you could get an EV or PHEV that would do just fine.
I had a TrailBlazer before this with all the towing capability and hookups and used it exactly once in 15 years to tow a buddies homebuilt ultralight to another airport. So frankly, if it doesn't tow boats or airplanes I don't really care, and I doubt most people would either.
If I really need a vehicle to tow something, I'd rent one.
coti
(4,612 posts)You should take that boat money, spend it on an EV, and better carry out your responsibilities to your children, their children, and future generations.
Baclava
(12,047 posts)Now a solar powered boat, that would be cool, why the hell isnt Musk working on that one?
GeorgeGist
(25,324 posts)MineralMan
(146,336 posts)a new Soul. So, I have a 2020 Soul now. This time, though, I will trade it in the moment I've made the last payment on it. I didn't do that before, and saw the trade-in value drop too much after seven years. I'll keep the 2020 for just five years and swap it for a new one. Bottom line is that my car costs me about $2500 a year to own.
Poiuyt
(18,130 posts)If everyone on DU chips in just a little, I should be able to afford one.
Thanks in advance!
Zorro
(15,749 posts)May still be too expensive for many, but it's encouraging to see prices coming down.
Baclava
(12,047 posts)ansible
(1,718 posts)Government wants more $$$ now that they're going to start seeing less money from gasoline powered cars
MyNameGoesHere
(7,638 posts)It's going to cost me more and taste like shit. Helluva a marketing strategy.
JCMach1
(27,575 posts)Changed the oil 2x and had one small repair (about $200) and changed the front tires.
I buy gas about once every 6 months and use less than $20 of electricity per month.
Cheapest car I have ever owned, overall.
No battery degradation.
It is a PHEV, so I charge when I can and never worry about range. It runs like a Prius when it's riding on the ICE.
WA-03 Democrat
(3,056 posts)Its a depreciating asset. The EVs have an even steeper depreciation curve. If your goal is to get into an EV inexpensively then have a look at a used Leaf. I bought a 2015 two years ago for $10k. It had 25k miles and the batteries were in top shape. Two years later, its my favorite car ever. Its a joy to drive, we have the 220v rapid 3hr charger in our garage. Total maintenance cost since buying, was $30 pair of windshield wipers. It added $15 to our electrical bill per COVID. Its so low now tracking it would cost more than the info gained. Its range is 80 miles. For 99.9% of COVID driving its perfect.
We also leased a Camry Hybrid. It gets about 50 mpg. It doesnt look like a Prius. 3 drivers in our household all prefer the Leaf.
Hassin Bin Sober
(26,345 posts)With 3000 miles
I think the value drops because people are worried about a used battery. Even though the battery has extra warranty 8 yr 100k
Im with you. Go used any car. Especially electric cars.
But do calculate tax credits as they might change that advantage.
marlakay
(11,500 posts)From here in Oregon to my daughters place in CA 6 hr drive on one small tank.
I get between 50 & 60 mpg. If I drive, lol its close to 60, hubby brings it down because he puts the gas on too fast after a stop light.
It tells you after every drive how you did so I have been taught how to drive to save gas. 😛
obamanut2012
(26,154 posts)The EV was more, but the hybrid is great. They usually have used ones for a few thousand bucks more, but they gave us a very good trade in, so...
My second Kia, the first was a Soul. LOve 'em.
Baclava
(12,047 posts)MineralMan
(146,336 posts)tinrobot
(10,924 posts)You need to subtract the $7,500 federal and any state rebates. That puts the car at a little over $20K, pretty much the same price as your Kia. The Leaf would also qualify and be under $25k.
If that's too much, there are plenty of good quality used EVs in the $10-20k range.
So, EVs are very affordable. The average car in the US sells for about $35k. You can get plenty of EV for less than that.
On top of that, you need to factor in a much lower cost of operation. Electricity is way cheaper than gas, plus there are no oil changes, no belts to change, much less maintenance. And, if you only drive 6000 miles per year, you'd be a perfect candidate for an EV.
I've been driving electric since 2010. So much better than gas. Will never go back. Shopping for my next EV right now.
Demonaut
(8,930 posts)but eventually the price will drop as ice loses it's dominance
AmericanCanuck
(1,102 posts)like they have for solar. Then the EV's would take off.
A $40K car with a 30% federal and 10% state tax credit would be competitively priced and will force manufacturers to invest as the volume will sustain the cost.
Electric motors cost far less than a gasoline engine and drive train. EVs don't need a transmission because the motors can sense the load and adjust the torque automatically.
Come to think of it, even solar would be unaffordable without the tax credits.
coti
(4,612 posts)Even just one EV for a two-car household.
EVs are still slightly expensive comparing initial cost, but there are so many fuel and maintenance advantages for EVs the longer-term cost of ownership is much more favorable, given time.
But people need to start considering the cost our society is taking on by not sufficiently addressing climate change.
Ron Green
(9,823 posts)Gets almost 300 miles on a charge in summer, closer to 200 in winter. Charges at home, electric bill went up about $15 a month. Juice comes from dams on the Columbia River.
Theres so much naysaying in this thread. When we fly and rent a car, Im always reminded why no one ever goes back to fossil fuel.