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Wow, have they really dropped 50% ?
Even Hybrids ?
Where I live (Northern CA), hybrids are still hot. Plugin hybrid and BEV (other than Tesla) don't seem to be doing as well. Tesla is still doing great. Sometimes I see 3 or 4 Teslas back to back in traffic. That used to be Accord/Camry territory.
Wow, have they really dropped 50% ?
Even Hybrids ?
Yep, used values of ALL EV have dropped like a falling rock. Tesla's price cuts over the past year have squeezed the competition to cut their prices and their own used car values got hammered. These are now becoming mass produced vehicles. Plus, 2021-2022 high prices and waiting times are long gone - most EV's are in stock and plentiful on dealer lots (used lots too), low price mfg who can still profit will win market share.
In that arena - there are now 20k-30k repos a day, this boomerang economy reminds me of 2008 and 2000 - for those old enough to make it through the two massive short term spikes, followed by long term pain.
Last edited by Texasrdx21; 10-16-2023 at 02:22 PM.
Never heard of that. Article did not go into details of how old the vehicles were and why rain damaged a seal battery pack. Doubt most people would factor in that costs when purchasing a EV.
There is no free lunch. You will pay one way or another. Similar to the "go green mantra", electric and high rare mineral batteries take HUGE upfront resources + emissions to build - so all of that is on the front end. Full EV to me have a place, urban cities and highly dense places with charging infrastructure.
Yes, the rain that caused the battery pack to be submerged. An ICE vehicle doesn't do much better after water ingress, but that doesn't make the news. Just like all the scaremongering about EV fires.
Yes, the rain that caused the battery pack to be submerged. An ICE vehicle doesn't do much better after water ingress, but that doesn't make the news. Just like all the scaremongering about EV fires.
EV fire are completely different than ICE fires. The latter is easy to put out, the first takes 10x the water, and days/weeks of chemical flare ups before it's done.
EV fire are completely different than ICE fires. The latter is easy to put out, the first takes 10x the water, and days/weeks of chemical flare ups before it's done.
Not to mention the really exotic and dangerous chemicals from an EV fire. Hydrocarbons are combustible to CO2 and water (and a bit of NOx, etc).
EV fire are completely different than ICE fires. The latter is easy to put out, the first takes 10x the water, and days/weeks of chemical flare ups before it's done.
Well since the percentage of ICE fires is >10x higher and more dangerous to its occupants, that's not as much of a negative as you portray.
I have zero concern for fires, sure see more on the news of Electric related lately (vehicles, bikes, skate boards and etc).
My RDX is like a tonk toy, built tough. At 21k miles - she is just broken in and plenty more life left in her. New set of tires soon (not cuz the Goodyears are worn, they just lack the grip when they were new and louder now), a deep detail and she'll plow forward for another few years.