Nice article - ticks all the boxes for me too ! I hope the EPA range is at least 280 mark based on the WLTP numbers from VW UK website which say 310 miles - fingers crossed
I like your story on Linkedin and generally agree. The one thing I'm not on board with is higher resale value. As of today, VW is an unknown. Resale values on EV's is usually poor as they depreciate much faster than ICE vehicles, with the exception being Tesla. We all hope that the VW ID3, ID4 and others to come are recognized as high quality, well built, and are well received in the marketplace. As you plan to keep your ID4 ten years and can take advantage of the $7,500 tax credit, CA credit, lower maintenance and fuel charges and 3 years of EA charging, depreciation really isn't much of a concern. I wish us all good luck with our VW ID4's!
.... Another issue is that I owned a Golf and it's the only car that gave me a lot of trouble so that gives me pause but I've owned multiple trouble free Audi's. ... The ID.4 ticks every other box and it's unusual for a first model year car to do that. So I'm cautiously optimistic.
This is a good point and one that had crossed my mind. Range will definitely be correlated strongly to resale up to a certain number of miles and we aren't at that number yet ( 400mi, 500mi ? ) and correlated beyond that too. But a strong correlation will be determined by how comfortable people feel with the range for the types of trips they want to do.My experience with depreciation on an EV is with the 2014 BMW i3. After 3 years, it was worth 25% of it's MSRP--The people that did leases made out like bandits. BUT, the 2014 i3 had about 100 mi range and each model-year afterwards the range increased, making the 2014 MY an ugly duckling. I think the same is happening with the Leaves, Leafs ? How about the Bolt? I haven't cared enough about this GM product to even follow it. My conclusion: if the 2021 EV range is 250mi and the 2024 EV range is 350mi, the FE resale will go in the toilet and you should lease--IF VW takes the $7500 Fed TC off the capital cost and you are not in a State like TX that taxes the full price of the car. I think if you are in a position where resale is important to you, ANY EV for the next three years is going to see greater than ICE-average depreciation, except for Tesla--and perhaps even Tesla when the new structural battery packs with a LOT more performance show up in 2022 in the TX-produced Model Y.
I expect the German car to be of a higher quality than future Chattanooga products. Not that the Chattanooga IDx products won't be made well or have the same reliability, but there is always the push to lessen the cost of producing cars over time, which can lead to less expensive and sometimes lower quality components. VW will be doing it's best to introduce a high quality ID4 in the US, as this will determine how VW is perceived as a true competitor in the EV marketplace.Do you guys think the “German Made” label on the first batch will have any impact on resale given features will definitely be upped when the Chattanooga facility comes online? I’ve heard even on some YouTube reviews that they expect the German batch to be better made.