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Resale Prices Tumble on Electric Cars
Wall Street Journal ^ | Feb. 26, 2015 | HRISTINA ROGERS

Posted on 03/09/2015 11:00:12 AM PDT by thackney

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1 posted on 03/09/2015 11:00:12 AM PDT by thackney
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To: thackney

“Necessarily skyrocket”


2 posted on 03/09/2015 11:02:42 AM PDT by PATRIOT1876
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To: PATRIOT1876

My biggest problem with the leaf is its appearance.


3 posted on 03/09/2015 11:03:51 AM PDT by cuban leaf (The US will not survive the obama presidency. The world may not either.)
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To: thackney

This has driven down resale values of plug-in electrics including the Leaf and General Motors Co. ’s Chevrolet Volt, representing another hurdle for auto makers trying to boost sales of alternative-fuel vehicles.


I’m sure all three Volt customers will be fine.


4 posted on 03/09/2015 11:04:31 AM PDT by cuban leaf (The US will not survive the obama presidency. The world may not either.)
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To: thackney

Yes, indeed. Smugness comes with a price.
5 posted on 03/09/2015 11:04:32 AM PDT by Impala64ssa (You call me an islamophobe like it's a bad thing.)
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To: thackney

Is it like your printer? The real cost is in the ink refills?

They use to give away safety razors too, the money was in the blades.


6 posted on 03/09/2015 11:05:45 AM PDT by hadaclueonce (It is not heaven, it is Iowa. Everyone gets a "Corn Check")
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To: Impala64ssa
A very good friend of mine drives a Prius. He has THIS sticker on the back:

I bet liberal heads explode upon seeing it :)

7 posted on 03/09/2015 11:08:01 AM PDT by SparkyBass
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To: Impala64ssa

8 posted on 03/09/2015 11:10:16 AM PDT by dfwgator
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To: Red Badger

Ping.


9 posted on 03/09/2015 11:18:16 AM PDT by Army Air Corps (Four Fried Chickens and a Coke)
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To: thackney

Maybe Obama will be able to pick up a used Chevy Volt when he leaves office. #ObamaPromises


10 posted on 03/09/2015 11:20:48 AM PDT by a fool in paradise (Shickl-Gruber's Big Lie gave us Hussein's Un-Affordable Care act (HUAC).)
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To: thackney

We have seen one new Volt here in Wino country since its dismal launch.

We are seeing a few Leafs, they seem very small and fragile.

The Pious seem to be very reliable and people seem more apt to buy another and keep the older one rather than trade the old one in. The owners, both conservative and liberal, like their Piouses.

What gets us are the free charging stations in county and state parks and municipal parking lots. The vehicles get free charging during the workday when the electrical rates for the rest of us are the highest.


11 posted on 03/09/2015 11:20:54 AM PDT by Grampa Dave (When will Sisi, Bibi, King Abdullah & ?, take out Isis in our White House, AG Dept, CIA, & State?)
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To: thackney

A kid with some good mechanic skills can bring a gas car back to good working order.

An electric car will cost more to repair to ok condition than it would to just by a gas car.

It’s like flat-screen TVs. Once they break (especially the screen), they are damn near impossible to fix.


12 posted on 03/09/2015 11:21:42 AM PDT by VanDeKoik
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To: thackney

Do the used cars come with rebuilt batteries? No? Seems like buyers are properly pricing in the costs involved in maintaining the car, and actually slightly surprised that gas models aren’t slightly at a premium compared to the battery powered models.

Just remember, one fouled connection in the battery box will require an entirely new battery system, as dealers are forbidden by manufacturers to actually repair anything inside, they must replace the entire unit.


13 posted on 03/09/2015 11:22:57 AM PDT by kingu (Everything starts with slashing the size and scope of the federal government.)
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To: thackney

I have prayed that the electric car would go the way of the Edsel. My neighbor bragged about his until low and behold 5 years later it sits in their yard because they cannot afford the new battery.

Its not a matter of being against electric cars but we know they make a lot more waste product in their production and then where do the used batteries go? Is that another form of polution.


14 posted on 03/09/2015 11:22:57 AM PDT by Uversabound (Our Military past and present: Our Highest example of Brotherhood of Man & Doing God's Will)
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To: thackney


15 posted on 03/09/2015 11:28:09 AM PDT by Iron Munro
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To: thackney

Supply and demand. When there’s no demand for these POSs, the price drops like a rock.


16 posted on 03/09/2015 11:28:20 AM PDT by Opinionated Blowhard ("When the people find they can vote themselves money, that will herald the end of the republic.")
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To: cuban leaf

And of course the name

/snark


17 posted on 03/09/2015 11:29:52 AM PDT by nascarnation (Impeach, convict, deport)
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To: Uversabound

$3,000 for a battery replacement for a Prius - ouch.

But - you DO make up for it in the fuel savings I imagine over the course of those 5-7 years. Of course, that’s probably what they were thinking when they bought the expensive car in the first place. “Well, yes - it is way more than a similar gasoline car, but just think of all the money we’ll save!”


18 posted on 03/09/2015 11:30:47 AM PDT by 21twelve (http://www.freerepublic.com/focus/f-news/2185147/posts It is happening again.)
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To: Uversabound

Non emitting cars (at least by state definition) are MANDATED by California and the Northeast States Compact. In INCREASING percentages of the total sold as the years go by.

So they definitely aren’t going away unless laws change.


19 posted on 03/09/2015 11:31:47 AM PDT by nascarnation (Impeach, convict, deport)
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To: thackney

Sounds like this is just the all electrics. My own Prius has a 4 cylinder in it and I’d never do the all electric just because I want the backup to the battery.

To be honest, the numbers aren’t much different then I would expect for most cars at the 4 year mark. 20K car for 10K at the 4 year mark...sounds reasonable depending on mileage. Doesn’t it lose ~25% soon as you drive off the lot anyway?


20 posted on 03/09/2015 11:33:06 AM PDT by reed13k (For evil to triumph it is only necessary for good men to do nothings)
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