We have the Evolution D5 like this one. It is amazing and equipped like a car. It even has hand-free phone!
Posted on 06/26/2024 1:09:22 AM PDT by Libloather
Secondhand electric cars are now cheaper than their gas counterparts for the first time - and the gap is widening quickly.
This is according to a new study from comparison site iSeeCars, which found the cost of an average used EV dropped $265 below a typical gas car in February.
This marked the beginning of the trend - and the price gap has grown to $2,657 as of latest data from May.
In the last year, average used car values have dropped between 3 and 7 percent, the report found, while used EV values have plummeted between 29 and 39 percent.
While this price drop may be good news for Americans looking for a cheaper switch to an EV, the price crash is yet another sign of dwindling US demand for the cars.
The study analyzed over 2.2 million one to five-year-old used cars sold between May 2023 and May 2024.
It found that the average used EV price is down 29.5 percent year-over-year, versus 6.1 percent for the average used gas car price.
In May this year, the average used EV was priced at $28,767 - with the typoca; gas car $31,424.
These prices show a major turnaround from a year ago, when the figure for an EV was $40,783 and for gas $33,469.
'There's no denying the crash in used electric vehicle values over the past year,' said Karl Brauer, executive analyst at iSeeCars.
While EV values appeared to stabilize at the end of 2023, they experienced a substantial drop in February - and have continued to decline over the past four months.
(Excerpt) Read more at dailymail.co.uk ...
Like you I too have home solar. But without net metering our power isn't 100% free. Over the past 365 days, 82% of our power is from homemade power, including charging the EV. We have to pull the other 18% from the grid. That's mostly in the winter. I'll say this: it's nice to go through hot summers and run the A/C as much as I want and charge the EV for over 1,200 miles/month without adding to my power bill for 8 months out of the year.
They are problematic and often unreliable to operate in very high temperatures like Arizona summer and in very cold winters and they are always impractical
They work great for rich urban and suburban users with access to a garage and charger who can also take advantage of public charging stations with high availability because there are not that many EV out there
A couple of local shopping malls put in dedicated Tesla charging parking spaces. That became de facto concierge reserved parking spaces with free fueling
They were never full in the past but now that there a lot of EVs in use the spaces are always filled with cars and the system is being abused by people who park simply to rip off electricity
Biden's green energy economy vision is squandering trillions of tax dollars and is failing under Democrat fraud, incompetence and basic unfeasability with absolutely nothing to show for the spending
The entire green economy is one big self licking ice cream cone that is being driven by massive government spending that is failing because green energy is simply not sustainable as a primary go to technology
Green economy is great for off grid applications and affluent boutique users who can leverage the massive government subsidies but it's completely unsustainable as a core mainstay technology for mainstream applications
“EVs are not used cars. They are used batteries.”
I’m having that printed on a T-shirt.
There is one use case for an EV: SHTF. If fuel supplies were to stop a solar system could charge an EV. Of course, not going places might be less of an incentive to own a car, but there will always be a need for transportation.
Going for drive through the Mojave Desert or Death Valley in the summer in an EV could get you killed
Range gets seriously cut due to air conditioning power draws to keep cool and if you get stranded in the middle of the desert in 120 deg heat you could literally die
Thermodynamics has always been the hardest engineering discipline for even very bright engineers to grasp so even very few engineers really fully understand the demands and challenges of the electric car and green economy implementation
I like it when folks present a technical case with some math to support their argument... which you have done. There is something with this though that is not making sense to me and I’m wondering if you can straighten it out....
When you broke it down to a per mile basis, you indicated that your S60 takes 1,115 Watt-hours/mile while the Tesla takes 180 Watt-hours/mile. In other words, it takes 6.19 times as much energy per mile for the S60 as for the Tesla. Here is what I’m stumbling over with this…. and I suspect it has to do with this not being a proper comparison.
I couldn’t find the numbers published for the S60 but the average efficiency of a gasoline powered engine is approximately 25%. …. That is the ‘tank to wheels’ efficiency (excludes everything upstream of the fuel being delivered to the tank). For the record, Toyota say that the fuel to wheels efficiency of their hybrid is 36%.
Electric cars have higher efficiency… the motor efficiency may be in the 85% to 90% range but the ‘electric cable into the charger to the wheels’ efficiency is a bunch lower due to all the other losses such as the battery load, battery discharge, energy transfer and conversion efficiency etc.… the ‘all in efficiency’ may be as high as 75% and is likely lower but let’s assume 75% (excluding everything upstream of the electric cable plug).
Bottom line based on the above, the electric vehicle is about 3 times as efficient as the gas vehicle…. and yet your math suggests that the S60 takes 6.19 times the energy per mile. As you have pointed out, the vehicle weights are similar so it is not as if that is part of the explanation. What do you think accounts for this difference?
“one cold January”
Cold winters are kryptonite to electric vehicles.
Northern cities buying electric buses are going to have to learn the hard way.
If SHTF you will want a lighter car—so the horses can pull it.
:-)
Doesn’t help that Hertz is having to dump theirs because renters don’t want to pay big bucks for not having put gas in them before return.
But yes, who would want a 5 year old plug-in and look at a 5 figure battery replacement or a possible hazardous material disposal fee in a few years.
This one is about 11 years old and still runs fine. The only problem is that Big Tech is conspiring to force upgrades by ensuring that new programs won't run. But the old stuff still works.
Most of the EVs call home. If the SdHTF, communications would likely suffer and they wouldn't work after the missed check-ins.
This is one of the main reasons we have an EV, after having solar for a year, then buying an EV when it was time to replace my wife's car anyway, and adding onto the solar. In many ways I like my gas pickup more than the EV. But the bottom line is I can't make my own gasoline like I can make my own power. Unfortunately, solar is feasible only in certain situations (i.e. live in deep south where we get lots of sun, have a field or roof that's not shaded, have a detached garage to put your battery storage, etc.).
The other reason we have an EV is to give our long trip travel options on energy sources. We have one EV car and one gas pickup. If the Dims make gas hard to come by or too expensive, we'll take the EV. If the Dims make the grid unreliable or too expensive for charging, we'll take the gas pickup. Thus, the Dims have to limit both power and gas to limit our long trips. If the Dims limit both power and gas then we can still do local traveling in the EV (especially during the non-winter months).
The Wal-Mart in Mountain View, CA installed a dozen Tesla charger stations near the door to the store. People now sit in their cars on 88 degree days charging their cars! It’s the weirdest thing. All the stations were full yesterday and every car had somebody inside waiting, waiting, waiting. All the car windows were rolled up, too, so their AC had to be on while waiting. Nothing says “I love the planet” more than sitting in your broiling EV in summer with the AC running full blast while you wait for the charging to finish. What a WASTE of energy.
I felt like asking one of those people “Did you know there is a liquid fuel that can be poured into a car in a couple of minutes and you don’t have to wait in the car while refueling?”
EV’s failed to win the market more than 100 years ago for a plethora of reasons, most of which are just as true today as they were then.
They do have use cases that they fit well, but those are extremely limited.
If folks want an EV by all means buy one, but tax dollars should not be subsidizing the purchase and people should not be forced into having to buy them.
Excellent point. If an EV cannot connect to the Internet it might not work.
We have the Evolution D5 like this one. It is amazing and equipped like a car. It even has hand-free phone!
Doesn’t look like it has much protection from side impact, but unlike a Tesla it looks like you can easily get out of it if the electrics fail and it catches fire. So, a trade off on safety.
It’s really just for getting around in a resort town. For Florida beaches it is perfect.
I watched a Scotty Kilmer video on cars that will brack on their own. It sees a shadow and brakes, you get rear ended, maybe killed or crippled.
These Vehicles Have Killed Thousands (Do Not Buy)
https://www.youtube.com/watch?v=Q3uEWpGSLpI&t=264s
Oh, I can understand that a Tesla may be practical for some people. It’s always down to an individual’s personal situation. But I just think overall EVs can’t possibly replace internal combustion engines. Not at this stage.
Plus, at some point a battery will go bad. And then you’re looking at between $10K and $20K to replace it. The idea of having to spend $20K to fix my used car just hurts my feelings. Even replacing the battery pack in a hybrid vehicle is around $3K to $5K. But at least it has the IC engine to rely on. An EV is battery power or nothing. And if it’s extremely cold? Good luck.
Don’t get me wrong, I think Teslas are awesome pieces of technology. I just can’t see myself relying on an EV at this point. They’re just not reliable enough for me.
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