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When do you think you will buy a 100% pure electric vehicle?

When will you buy a 100% pure electric vehicle?

  • Already Own One

    Votes: 39 5.5%

  • In the next year

    Votes: 7 1.0%

  • Between 1-5 years

    Votes: 128 18.1%

  • 6-10 years

    Votes: 169 23.9%

  • 10+ years or never

    Votes: 363 51.4%
  • Total voters
    706
＄34k to rent a car for 3 years. This is less about EV's and more about how expensive vehicles have become. I've owned my current vehicle for about 3 years and it's maybe lost ＄8k in value, which isn't great but damn.... on the other hand it is a nearly ＄90k vehicle but still.
 
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dmclone said:
＄34k to rent a car for 3 years. This is less about EV's and more about how expensive vehicles have become. I've owned my current vehicle for about 3 years and it's maybe lost ＄8k in value, which isn't great but damn.... on the other hand it is a nearly ＄90k vehicle but still.
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I'd have to dig to find it but the average new car price, regardless of it being ICE/Hybrid/BEV is damn near $50k right now. I'm pricing out a new Tacoma and it's going to be $57-$60k I think out the door which seem nuts to me but that's not a ton over the average price.

Part of that high average price though could be because of all the guys buying luxury half ton trucks that cost close to $70k out the door.
 
mramseyISU said:
I'd have to dig to find it but the average new car price, regardless of it being ICE/Hybrid/BEV is damn near $50k right now. I'm pricing out a new Tacoma and it's going to be $57-$60k I think out the door which seem nuts to me but that's not a ton over the average price.

Part of that high average price though could be because of all the guys buying luxury half ton trucks that cost close to $70k out the door.
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I had no clue on the Tacoma. I assumed a loaded one would be ＄40k tops.
 
Nice to see depreciation coming back to EVs. 1-2 yr old Model S plaids are 70k used (probably were 120-140k). Porsche Taycans are in free fall. Low mileage, a few years old, and 50-60% off MSRP already. Lucids and Rivians will probably follow.
 
brokenloginagain said:
Nice to see depreciation coming back to EVs. 1-2 yr old Model S plaids are 70k used (probably were 120-140k). Porsche Taycans are in free fall. Low mileage, a few years old, and 50-60% off MSRP already. Lucids and Rivians will probably follow.
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Tesla's are plummeting because of Elon's price cuts.

But yes, overall its good to see used car prices come back.
 
BryceC said:
It’s a mortgage payment in Boone county
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I have no issue with EV's. But I am almost 60 and the most expensive auto loan I've had was $330 (2017 Subaru) and most expensive lease was $300 (1994 Jeep Grand Cherokee).

I would much rather invest in my home (which will appreciate) or things I enjoy (travel & ISU athletics). My guess is, I will never buy a NEW domestic auto manufacturer vehicle over the rest of my life.
 
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isucy86 said:
I have no issue with EV's. But I am almost 60 and the most expensive auto loan I've had was $330 (2017 Subaru) and most expensive lease was $300 (1994 Jeep Grand Cherokee).

I would much rather invest in my home (which will appreciate) or things I enjoy (travel & ISU athletics). My guess is, I will never buy a NEW domestic auto manufacturer vehicle over the rest of my life.
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You had a $300 lease in 1994, which is about $650 today. Is it really that far fetched a $90k car is $750 in 2024?
 
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RedlineSi said:
You had a $300 lease in 1994, which is about $650 today. Is it really that far fetched a $90k car is $750 in 2024?
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No, its not far fetched. I understand impact of inflation. And I don't begrudge a person who is willing to spend $750+ a month for a car payment.

But, investing that much money in a depreciating asset is counter to my upbringing (my parents grew up in depression/WWII era) and my background in finance. When I can buy a car that meets my current needs and still have a monthly car loan at $330 per month, that is a huge win for me. It's found money to spend on appreciating assets (home/retirement savings) and things I enjoy.

If your a car person, then $750 a month fits your priorities.

I'd love an EV when my 2017 Subaru becomes a repair pit in 5 years or so. But at current prices, I expect I will be buying a new EV made in China, India, etc. Or a used ICE SUV or Truck that becomes affordable because people are flocking to purchase EV's.
 
isucy86 said:
No, its not far fetched. I understand impact of inflation. And I don't begrudge a person who is willing to spend $750+ a month for a car payment.

But, investing that much money in a depreciating asset is counter to my upbringing (my parents grew up in depression/WWII era) and my background in finance. When I can buy a car that meets my current needs and still have a monthly car loan at $330 per month, that is a huge win for me. It's found money to spend on appreciating assets (home/retirement savings) and things I enjoy.

If your a car person, then $750 a month fits your priorities.

I'd love an EV when my 2017 Subaru becomes a repair pit in 5 years or so. But at current prices, I expect I will be buying a new EV made in China, India, etc. Or a used ICE SUV or Truck that becomes affordable because people are flocking to purchase EV's.
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We are financing our Rivian...lets just say its a lot more than $750. We're just going to pay it off some time soon, as the interest rates are just silly these days.

Also, someone taking that sum and investing it is ALWAYS the better idea. You won't hear me argue against that.
 
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