RE: Thanks Abe. The truth is always somewhere in the middle.

Posted by AbeCollins (A) on July 9, 2017 at 21:33:07

In Reply to: Thanks Abe. The truth is always somewhere in the middle. posted by free.ranger on July 9, 2017 at 08:12:34:

"That said, a friend stated awhile back that we should drive our current gasoline-engine cars into the ground because we aren't going to get anything on resale of them. He was joking, but maybe a hybrid should be considered as a contender for the next car."

You might be right about Hybrids depending on your needs.

I think there's severe downward price pressure on used pure EV's because of the significant improvements in range in the newer models. Who wants last year's EV if this year's model has significantly better range? The huge depreciation on EV's will also drive up the cost of a lease. A used EV might be a good buy. A new one is probably the worse in terms of depreciation.

Hybrids may be another story. The yearly improvements are there but more incremental so older models may hold their value a bit better. I haven't really looked at used Hybrid pricing so I'm just guessing.

But from a purely financial standpoint I think it's hard to justify the premium for a Hybrid or EV given today's gas prices. On the other hand, if one is allowed to use the HOV lane on long daily commutes in an EV, that alone might make it worthwhile.

I have friends in CA who were early adopters of Hybrids initially and then pure electric EV cars. They spent several hours a day commuting to and from work on congested freeways. The Hybrid (early on) and later with EV's allowed them to use the HOV lane.

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Follow Ups Full Thread

Topic - CNNtech: Why gas-powered cars aren't going away - AbeCollins 07:11:31 07/09/17 (21)

No matter what hard-line greenies want, privately owned cars, some Hybrids are here for a long time, Yes! - Timbo in Oz 14:39:37 07/10/17 (0)

If you're stuck in traffic - jedrider 09:39:48 07/10/17 (0)

RE: CNNtech: Why gas-powered cars aren't going away - bullethead 13:32:14 07/09/17 (1)

RE: CNNtech: Why gas-powered cars aren't going away - Tweaker456 09:44:18 07/10/17 (0)

Not sure about this: - steve.ott@kctcs.edu 12:26:16 07/09/17 (1)

RE: Not sure about this: - AbeCollins 20:57:54 07/09/17 (0)

Yes and No - richardl 10:58:23 07/09/17 (0)

RE: CNNtech: Why gas-powered cars aren't going away - srdavis2000 09:43:28 07/09/17 (6)

RE: CNNtech: Why gas-powered cars aren't going away - coffee-phil 10:07:09 07/10/17 (1)

""There is no theoretical maximum efficiency for electric motors"... - Steve O 11:04:24 07/10/17 (0)

RE: CNNtech: Why gas-powered cars aren't going away - jec01 13:45:15 07/09/17 (2)

RE: CNNtech: Why gas-powered cars aren't going away - Tweaker456 09:46:51 07/10/17 (0)

You also shift the point of pollution from congested urban locations... - Steve O 18:58:41 07/09/17 (0)

I'm shaky on the concepts myself, but. . . - Chris from Lafayette 11:18:18 07/09/17 (0)

Thanks Abe. The truth is always somewhere in the middle. - free.ranger 08:12:34 07/09/17 (6)

RE: we aren't going to get anything on resale of them. - David S. 07:41:54 07/10/17 (3)

No resale on a Fiat? That's a head-scratcher ... nt - free.ranger 08:29:05 07/10/17 (2)

LoL !! - AbeCollins 09:01:45 07/10/17 (1)

Well, the Fiat gas models do OK in resale... - David S. 13:06:26 07/10/17 (0)

RE: Thanks Abe. The truth is always somewhere in the middle. - AbeCollins 21:33:07 07/09/17 (1)

Good insight and analysis, market trends often reflect the non-obvious reason. - Timbo in Oz 15:00:38 07/10/17 (0)

Follow Ups

RE: Thanks Abe. The truth is always somewhere in the middle. - AbeCollins 21:33:07 07/09/17 (1)

Good insight and analysis, market trends often reflect the non-obvious reason. - Timbo in Oz 15:00:38 07/10/17 (0)

RE: Thanks Abe. The truth is always somewhere in the middle.

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