This could be a game changer for how we buy electric cars — and I'm all for it

[admin]

Some car companies want to remove the sales threshold on the federal EV tax credit, and that's a great idea.

This could be a game changer for how we buy electric cars — and I'm all for it : Read more

 

[kep55]

These claims of how EV tax credits reduce the entry cost is a bunch horse hockey. I'm sure every car dealer will knock $7,500 off the sticker for you. WRONG! The F-150 Lightning is going to set you back $40,000+ less any trade-in. You're still going to need to borrow tens of thousands of dollars to get title. You're still going to need $500-$600 a month cash, if your local, to pay off that 60 month loan. It's smoke & mirrors designed by marketers.

 

[oblivionlord]

The battery expectancy for the Nissan Leaf is 8-10years in which time, if you decide to keep the car, you will pay a hefty $5.5k fee to have a new battery installed. This is on top of whatever hefty expenses you'll have to pay throughout the years to upkeep the electronics of the vehicle since having more electronics in a vehicle increases the fail rate compared to a vehicle comprised with less electronics.

Simply put, EV's have a significantly higher fail rate compared to petrol vehicles.