Current trade ins at car lots.
I see the new trades will be homes. When a new truck starts at 36K but, no dealer has them under 80K and some are running $110,000, the only way the average person can buy is to trade in their house! Or if not, be sure to buy a SUV/van because they will end up living in it!
I don't care how much houses are these days. I know in some areas and states..you can STILL buy a small house for 50K or there abouts.
The house may be a fixer upper. But the vehicle is a loss from the moment you sign that title. I always said never buy a car newer than five years old. By then the re-calls are mostly seen. The major depreciation is off, like driving it off the lot. And the lemons are lunched out and engines blown up.
Car-vanna is flooded with re-pos that they ask new price for and can't dump. Dealers are calling people begging for them to buy and trade in because the market is best on used.
Electric is shoved down peoples throats even tho the grid can't handle them and there are few charging stations. Add the cost of electricity rising. For a real view, call an EV owner in the Gaza strip and ask how charging is going for them. One glitch and they are done.
Comments (3)
One glitch?
One year after shit hits the fan nothing compares to EV.
I've never seen a refinery on someone's roof.
Current cost?
Gasoline at $5.00 a gallon 25mpg car = $0.20 per mile.
Electric at $0.20 a kwh 4 mile per kwh car = $0.05 per mile.
Full battery with 280 miles of range in the driveway every morning.
40 miles down a canyon road never touching the brake pedal means no brake wear no hot brake fading.
No oil changes, no transmission rebuilds.
Better acceleration, no downshifting or exhaust noise when you floor it means you move through traffic at will.
Access to the carpool lane without a passenger.
They're not a sacrifice being made to save the environment.
They're not for everyone in every situation but in many cases they are the premium option.
For decades I have thought lots of people are paying to go to work. Maybe now this will begin to occur to the teeming masses.
If I needed a vehicle, I would first find a good mechanic and ask which models have held up best for 5 years and which he/she prefers to work on. What about interchangeable parts and sheet metal? Is there a more-or-less modern equivalent of the Model T or VW Bug? Those vehicles sold 15 million each over 20 years.
The production of an EV uses oil. Plastic is oil. Smelting uses oil. Or coal.
All it does is more pollution and costs from left to right.