[mrnadir]

Dates vs Inventory using car guru nationwide search:
Id4
8.21 613
8.23 618
8.24 639
8.25 666
8.26 684
8.27 686
8.29 641
8.31 658
9.3 707

 

[mrnadir]

Judging from this it seems like inventory is increasing slightly because of the tax credit going away but I believe there are still many willing buyers ready to scope them up.

Yes there is a sucker born every minute.

 

[mrnadir]

The real suckers drive ICE. $100 goes into my tank every 300+ miles. 🙀

At most you will save $1400 / year on gas out of which you have to pay extra ev registration fee plus extra ev car insurance. In the end its usually a wash. And with a possible 25k battery replacement at 10 yrs, the risk is too much which is why the 7.5k rebate was an absolute requirement for evs to make economic sense.

 

[mrnadir]

Based on our previous GLA consumption and average monthly mileage we’re saving at least $4200 yearly. 24k km yearly at 9.5 litre per 100k with an average gas price of $2.20 per litre comes to $5k. Monthly cost of charging since January is on average $60. Add the $8k point of sale government rebates, now reduced sales tax and it’s a smoking deal.

Of course everyone results will vary. Because of our high gas cost and low electricity cost it’s more beneficial up here in BC.

Im in Texas. Gas is cheap. 10000 miles means 400 gallons of gas for a 25MPG car.
Id4 will do 90MPGE in texas since electricity is also cheap here (13c/KWh). (lets assume 100MPGe)
Gas is currently $3.25/gallon
So I will spend 400x3.25 for the year for the gas car = $1300
I will spend 100x3.25 for the year for the EV = $325
Savings = $975
I currently own a 2017 bmw 330i which does 26MPG combined.
Most insurance companies charge a a lot more for EVs.
Then there is that giant risk of spending $25K for a battery after 8 years. I was planning to keep my EV for at least 12 years.
This is why without that $7500, its just not worth it. And I wont be qualifying for a rebate until I retire. AGI above max allowed. Not sure if it makes any economic sense for anyone making less than $150k to be buying a $55K car.

 

[mrnadir]

I don't know if it makes economic sense to plunk down $55K for a car, but many of us old-timer retirees can afford a $55K car and we make much less than $150K.

Agreed. Thats why my next chance would be after I retire.

 

[mrnadir]

What is this nonsense about a $25k battery after 8 years? The battery doesn't just go kaput the day after the warranty expires. This is like saying the engine and transmission in an ICE just drops dead the day after the warranty expires - guess a VW gasser is only good for 4 years and your looking at a $5k engine and $5k transmission (guesstimates) at 4 years 1 day.

The risk of it going kaput after 8 years is extremely high. And we are talking about 20K-30K. Not a small number. Engines dont go completely dead after warranty. They are easily repairable for much much less. You cant repair battery packs. At least not now. Tesla is making sure that new battery packs are impossible to repair. I think the industry is addicted to revenue stream and will make battery packs subscription based.

 

[mrnadir]

None of them are in stock, they are all pre-orders. They all say they have a sale pending or are 'in transit'. I got mine from VW Pasadena and one day while I was still waiting I went there to check the cars they supposedly had according to the website but there were none on the lot because if it's a preorder it gets picked up within a day or two. They only had one or two demo cars even when the website would show them as having 15.

What ever they are, the number keeps climbing every day. Buyers of ID4 are not like tesla fanboys and wont easily buy the cars without the tax rebate specially given that the rebate would like be back next year.

 

[mrnadir]

That makes me very curious about the data on the actuarial tables. Because that suggests that Tesla owners are considered higher risk by some metric.

Yes, tesla uses too many aluminum panels which are difficult to repair. I agree, tesla insurance is way more than that of ID4. Which is one of the biggest reason i was interested in the id4.

 

[mrnadir]

The number of available cars keeps climbing even though that number is currently zero? You are gonna have to explain your math to me here.

What are you smoking? What part of "number of id4s appearing is increasing" do you not get? I had no idea that there was an id4 fanboy club.

 

[mrnadir]

Only a moron would buy a 2022 at msrp. When my 2022 order finally gets here, I will offer $5k below msrp or walk away.

 

[mrnadir]

Really?

Yes really. A $20k battery replacement in 10yrs is pretty much a guaranty. Without the tax break, its not worth it.