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The statement of “these batteries will last the life of the car” means that when the battery dies, it is not economical to repair the vehicle. Twenty or forty year old cars with diesel and petrol engines are fine with regular servicing. After some servicing, with new oil, filters, some seals and perishables replaced, barn finds work fine after decades of no use. EVs don’t. The chemical nature of the batteries will always put a limit and a sudden end to their use.

There’s never a good time to buy an EV, whether they are new or used. Depreciation hits differently when the lifespan of the vehicle is strictly limited by the risk attached to battery degradation and failure. These ‘studies’ on EVs seem to use the assumption that the same past curve of degradation will apply for the foreseeable future, ignoring the sudden nature of cell fault developing and the age, regularity and charge percentage affecting the battery health. Once they start ageing and usage changes, they’ve had it.

There’s never a good time to buy an EV, whether they are new or used. Depreciation hits differently when the lifespan of the vehicle is strictly limited by the risk attached to battery degradation and failure. These ‘studies’ on EVs seem to use the assumption that the same past curve of degradation will apply for the foreseeable future, ignoring the sudden nature of cell fault developing and the age, regularity and charge percentage affecting the battery health. Once they start ageing and usage changes, they’ve had it.

I'm here.

lol i have a 13 year old phev with 130k miles on the odom. it gets 150% of the EPA range and i put 40k miles on it over the last 18 months which paid for the car in fuel savings. zero compromises, no range anxiety, no range degradation, only ~5% range loss in freezing weather most likely due to tire pressure and air density, insurance is 21$/mo lol. I paid 6000$, i guess its gone up in value unlike every other electric car over the past 3 years

If your Buc-ee’s stops are anything like mine, you can easily fully charge your car while you’re shopping.

2-1/2 months old and 4,100 miles on it. It’s nice to see I’m not the only one that pus so many miles on it. I will have had mine three months in 5 days and have 4,157 miles.

I definitely wanted to go for a used EV , but I got a ridiculous deal on a blazer EV on lease . I can check out after the lease is over , and let the technology get better over time on their dime . I have a 2017 volt right now , and 24 blazer EV . I wanna take this lease time and then go used after .

Good to know there's another channel ReeWray Everyday

agree 👍

Or you could buy a new Nissan Versa for 20k...

Still ❤ my 2020 Y with almost 90K miles no issues still on factory wiper blades ✌🏻

Bought my 23 Tesla Model 3 RWD in red multicoat with the 19” sport wheels, and only 500 miles back in March for $30 K OTD👍

leasing a Solterra for $315 month 😊

I don’t see how a Toyota and Honda 35K ICE car is comparable to a performance mach e or Volvo c40. Luxury and performance is always going to have a steeper depreciation than Toyota or Honda mainstream ice suv. Also 35K cars are very much in the demand with new costs easily above 42K with some options.

ReeWray Everyday

Nice Video. In October 2023, I did a road trip in a EV from Ontario Canada to Pigeon Forge Tenessee.... didn't do a video, but if you want a quick read with pictures check out: peterchang1.blogspot.com/2023/10/2948km-trip-to-pigeon-forge-and-back.html

Good video, and to me the choice of an EV is based on lifestyle and location, for an urban environment it makes good sense.

Dealerships still have used model Y overpriced like ‘22 going for 32-36k. I can get new one with tax credit for 36 with 0 interest. There is like no incentive to buy used right now ow

My first EV was used, it's been super cheap to own Vs my previous combustion engine cars. It will be hard to go back to a gas vehicle if I have to make that choice in the future.

Long Live ReeWray Everyday!

I paid $60,000 cash for my 2022 Tesla Model Y in July of 2022. No tax incentives. It has 90,000 miles on it now. I’ll be able to sell it for perhaps $25,000 when I’m ready to sell it. I have no regrets. It’s been an awesome vehicle.

I can lease a Hyundai Ioniq 5 for under $200.00/month. No worries for the next three years. Such a deal. 😎

Thanks ReeWray Everyday!

Just bought a 2023 Ioniq 5 SEL for a little over $30k. 28500 miles on the odometer. Even with generous deals right now the new ones cost so much more.

If you're considering one I'd definitely get one before the next Congress convenes. You may not get the tax credit if things go the way they seem.

Mostly spot on. Though, i moved 10 months ago, from a house where i had a level 2 charger. In the new home, i haven't had the chance to install it due to other projects (roof, HVAC, gutters, barn, etc.) I've been charging off of 120/20 amp for 10 months now, 50 miles round trip to work. So far, it's been working fine. "Next battery" data (change in architecture) is said that the battery may last as much as 3 million miles. We'll see. BYD already has battery warranty for 1 million kilometers. Just purchased my second EV Tesla Y "inventory"/ new. With discounts/rebates, under $35k.

I wouldn't buy new, lease new, buy used. We have some crazy lease deals in CO.

Great info. I think the 1 year old route, especially from like Hertz makes perfect sense. I don't think I would consider a used EV from an individual. That sounds like a lemon in waiting. FPL here in Florida is running an offer for EV flat rate, off peak charging, including equipment for $31/mo. Sounds pretty enticing.

I enjoyed your video and the travel charging anxiety, I suppose years down the road it will be all electric. But for me in northern Canada it will not work other than a short trip to the market, but it is not in my ev car buying future.

I have noticed that many EVs have low miles when being resold. Why is that? Maybe it is location and climate reasons? Could you explain this?

It is a buyer market for the used EV. No way would i sale or trade our 2020.

Very good information to know, THANKS.

The battery life in these cars are outstanding and battery technology is improving all the time.

These DCFC chargers are committing highway robbery with their extortionist pricing!!!

EV makers aren't "offering" 100k battery warranties. They are REQUIRED to by the federal government.

I think the 2 good options for NEW are Tesla and Chevy Equinox EV. Other than that I agree.

Purchased (2) make that (3) used EVs this year. The first, 2021 Polestar 2, was a hell of a deal that sat on a dealers lot for over 300 days. Got them to reduce even further and made use of the instant tax credit. Followed that up with the 2021 Ford Mach E. Not as good as a deal but for around $30K, not bad. Then last week I jumped on a 2022 Polestar 2 (lemon lawed) for another great price and nearly got out of the 2021 that I put into it. If you're willing to look for a deal, they are to be had. Now only if that Polestar Place would open in Chicago... :)

We'll see what the next four years brings to the EV market.

Interesting topic. Thank you

I actually just bought a 2023 mach-e GT for just under 40k with less than 13k on the clock. It was an excellent deal! I was looking at a new one (select AWD/extended) and would have been almost 10k more than I got the GT for! with the low maintenance and longevity (so far) of EV's it was a no-brainer!

Bought a new 2024 Hyundai Kona Electric for under $30K this February. Traded in a 2016 Nissan Leaf that I bought used for under $13K in August 2019 - sweet little EV.

I would not believe Road and Track. They think all EV's are the best thing going. That publication is just green.

I wouldn't own a EV vehicle anyway, electric power.... yes good to a point. Vehicles/Transit options....NOooo, charging convenience impossible, only if you're going 10 to 50 miles after that power cell problems with freezing in some states too., still get that feeling better make it home.

Yup, got my 2023 XC40 Recharge for 50% off new and less than 10k miles. Couldnt get a used gas car for less worhoutbot having no warranty and 5-7x the miles.

You’re right, I just purchased a 2021 Chevy Bolt with7800 miles, that originally sold for $39,000 for $14,000 including the $4000 tax credit. It’s amazing!🎉

Nice vid. 20% of chargers with canopies???? More like 1%. That is the most annoying part of road tripping an EV. I have 35,000 miles of road trips of over 1,000 miles in length. You are correct that the reliability is a pain in the a**. However, I've noticed a HUGE improvement over the last three years in charger availability and reliability (except EVgo).

Just subscribed, looking forward to hearing what you have to say in this channel

Thank you, Sir !