I love Teslas | Page 65 | FerrariChat

I love Teslas

Discussion in 'Australia' started by carl888, Nov 6, 2018.

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  1. kerrari

    kerrari Two Time F1 World Champ

    Oct 22, 2004
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    Karen H.
    Depends where you live and what kind of use the car is for. Depreciation isn't unique to Tesla.
     
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  2. Ferraridoc

    Ferraridoc F1 World Champ
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    True, but if you're buying to save running costs, it all has to go into the pot.
     
  3. kerrari

    kerrari Two Time F1 World Champ

    Oct 22, 2004
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    I've just had a look on carsales: 2024 new Tesla3 long range is listed at $81k
    2020 used car $61k. I think most Benz/ BMW drivers would be envious.
    My boss does very high miles so fuelling and maintenance TIMES, not costs, are his upsides.
     
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  4. Horse

    Horse Three Time F1 World Champ
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    I have no love for a Chinese made coal fire powered appliance.
    716 Teslas for sale on Carsales, 600 private sales......why do you think?
     
  5. kerrari

    kerrari Two Time F1 World Champ

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  6. carl888

    carl888 F1 Veteran
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    Oct 31, 2003
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    That may be the case, but that wasn't the statistic that Jon quoted. He was referring to the very high number of Tesla product for sale privately, as a % of total cars offered on the used market. 83.8% in fact.

    What that tells you is that most dealers won't trade them. For the reasons we have already ventilated.

    However since you brought up that 1.6% of total sales in Australia, being Tesla product for sale used as a % of total sales in Australia, check that figure in 12 months time. At the same time, check the % of European and Japanese ICE product compared to now. You'll see it about the same, my estimate is that Tesla will double to around 3% and keep moving upwards. The others will remain the same.

    The Tesla is an appliance, like a toaster, or a fan heater. I really admire the technology, just don't invest in one thinking it won't end up as landfill in 15 years time.
     
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  7. kerrari

    kerrari Two Time F1 World Champ

    Oct 22, 2004
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    There are 2 options for why so many are on the private market:
    1. Dealers have no problem selling NEW cars so no interest in accomodating used. No evidence that dealers don't want to trade - no new cars sitting on lots...
    2. When the prices are staying this high why wouldn't people take advantage of it.
    My boss paid just under 70k in 2020...

    I agree the Tesla is 'an appliance' but so are most of the cars people 'drive' these days... Am I giving up my ICE cars - not while I can still drive them!
     
  8. carl888

    carl888 F1 Veteran
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    Oct 31, 2003
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    Karen, unfortunately you don't understand how the motor trade works in terms of car sales.

    A dealer will happily sell any new car if they can chase fat on the sale, and the trade. The car retail landscape is very competitive and if a dealer won't trade your vehicle, then probably another will, and therefore close the sale, unless it's a Tesla.

    Let me put that another way, why would any dealer trade or buy a car that could be off the road for three months or more, waiting on parts and whom knows how long in labour to get it running correctly? Only to sell it to a retired Melbourne University Women's Studies lecturer with nothing else better to do that pen appalling Google reviews whilst lagered up over a craft beer and blue hair dye because the range claim is not being met of the electric vehicle they/them bought? Summary, it's just not worth putting up with that s h i t .

    I strongly suggest you call your local Tesla dealer, tell them you have a very nice one owner P85D that's 7 years old, done 150,000 kms and what they would offer you as a trade? Or to buy outright?

    The evidence that dealers don't want to trade or buy them is the number of Teslas for sale privately as a percentage of all used Teslas for sale. You may wish to re-read my original reply to your statement. And study the same for Mercedes-Benz and BMW. The pattern is that Tesla on the used market is dealer poison. You have also assumed that the used Teslas for sale on CarSales at dealers that also sell new cars, specifically Tesla. That is not the case.

    The final issue with Tesla as a used proposition is that Tesla have very aggressive downward pricing as the models age. It's a business model that artificially inflates sales figures and is the final nail in the coffin with a trade in. And that's exactly what it's designed to do.

    Where is Horse when you need him?
     
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  9. Arvin Grajau

    Arvin Grajau Seven Time F1 World Champ

    Jun 7, 2006
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    Would a true motoring enthusiast own or support the whole EV venture ..............NO.

    Ford US's blowout loss the last financial reporting period ...............blame the 90,000 plus it in fact closer to 250,000 new EVs rotting in the sun they are unable to move.
     
  10. Arvin Grajau

    Arvin Grajau Seven Time F1 World Champ

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  11. Horse

    Horse Three Time F1 World Champ
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    You don’t need me when you can so eloquently hit the nail on the head.[emoji3][emoji3][emoji3]


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  12. Horse

    Horse Three Time F1 World Champ
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    THE best paragraph in FChat history. [emoji3][emoji3][emoji3]



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  13. peterp

    peterp F1 Veteran

    Aug 31, 2002
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    Don't know about Australia, but under "normal" conditions, Tesla depreciation has been minimal in the US when they are a few years old. Used Teslas weren't that much cheaper than new. Telsa depreciation only took a hit recently when a) new Teslas starting being eligible for the $7500 tax credit again (something they Tesla for years without in the US after hitting production count limits); and b) Tesla reduced new car prices a bit. So people that bought a Tesla a couple of years ago at a $7500 premium (no tax credit), plus the price premium (not getting recent price reductions), will see a depreciation hit because of the artificial circumstance that the out-of-pocket expense for new Tesla has dropped. My sister-in-law b0ught her Model Y two years ago with no tax credit and no price reduction, she doesn't care -- she loves it. No maintenance, been to a Supercharger only once in two years, literally has not even noticed the difference in her monthly electric bill.

    Holding on to an EV for many years, to the point that the battery is degraded, is not a winning strategy for either seller or buyer. EV's are not for people who like to hold onto cars very long term or who like to buy 10-year-old cars. They won't be "forever" cars like ICE cars can be until technology allows the battery prices to be reduced significantly (replacement battery prices are insanely expensive currently).
     
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  14. peterp

    peterp F1 Veteran

    Aug 31, 2002
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    I don't think the participants in this thread (generally, not you specifically :)) is a receptive audience, but very basic physics and math calculations prove that EV's are vastly superior efficiency-wise. If anybody is interested, they can do the math on how many gallons of gas in energy equivalence the Tesla Model S (Tesla's heavy luxury model) battery holds to achieve its range of 300 to 400+ miles.
     
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  15. Borrow’d Mine

    Borrow’d Mine Formula Junior
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    Nov 28, 2019
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    I suck st math. Show us a picture.


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  16. Pat488

    Pat488 Karting

    Sep 4, 2023
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    Hi Peter,

    I don’t think the question was asked about the fuel (electricity vs fossil) impact of ICE vs electric, but the whole impact of the two technologies, including the manufacturing process and the often overlooked, end of life recycling costs and environmental impact.

    So what happens to an EV when the original owner, after 10 years, decides that it’s time for a new vehicle. Straight to the scrap heap?
     
  17. kena

    kena Formula 3

    May 20, 2007
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    In Brisvegas last week we got an Uber which was a Tesla first time in one or speaking to an owner for me. Interesting. 115000ks 2yo only thing replaced ,tyres with wheel alignment. No faults with anything,
    more worry free than the Lexus or BMWs he had before.
    Same visit my nephew rocks up in a BYD ev suv thing 6mths old, fit & finish looks as good as any car. Bought because it's new tech not to save the planet. Only negative for him is the electronics taking control if you venture close to the edge of your lane/ road.
    General observations from both are that most people who are critical of their evs have never owned one.
    Don't get offended any one as a lot of chat on here has been covering a different aspect of evs not everyday ownership.
     
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  18. kena

    kena Formula 3

    May 20, 2007
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    Oh & the depreciation thing. My 2000 ML430 $100k new. I got it from a used car dealer 2012 165k on the clock $12k. Euros do seem to have a big tear up when getting on a bit.
     
  19. Borrow’d Mine

    Borrow’d Mine Formula Junior
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    Nov 28, 2019
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    They’re quiet, and no doubt may have fewer “issues” than an ICE car. But, if you do have an issue it seems from others on here that is an unpleasant and potentially lengthy experience. They are really only convenient if you are a homeowner/renter and can get the right charging set up. For urban apartment dwellers, it’s problematic. I still believe in 30 years the evangelists for evs will be vilified for the torn up roads, insurance hyperinflation, and pollution and human rights travesties from battery production and disposal. Of course, there will also be civil unrest from unaffordable heating, carbon taxation, and generally the destruction of first world conveniences as we know it. The good news, I’m not going to be here for all that.


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  20. kerrari

    kerrari Two Time F1 World Champ

    Oct 22, 2004
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    Yes, virtually all the owners I know have home solar and battery arrays. Definitely not suitable for apartment dwellers but then neither are caravans, trailers, boats, jetskis and all the other junk that clogs the streets around here... apartments generally only have 1 space and while most houses have at least double garage but most are filled with junk, not cars!
     
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  21. kena

    kena Formula 3

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    In Aus you get used to waiting if you have an import I guess & the vehicles are all imports now.
    In the '70s it took 6- 8 weeks to get a lower control arm for my car. :)
    The other stuff you mention is more renewable energy/ political stuff rather than EV specific. If it hits the fan I don't expect I'll be around either,unless it happens soonish.
     
  22. carl888

    carl888 F1 Veteran
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    Oct 31, 2003
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    Pat, exactly, that's why I am attempting to determine in both counts above. I'm only interested in emissions of both technologies.

    I spoke with a friend whom is an electrical engineer and her take on it was if we take a mid size electric car like the Tesla Model 3, and compare it with a BMW 3 series/Mercedes-Benz C Class in Australia, in terms of emissions, how does it pan out?

    She said that including the manufacturing process and energy requirements, the emissions from the manufacturing of the electric car including the battery, along with the ICE BMW and Mercedes-Benz, the electric car is behind these two ICE engined cars until the Tesla has travelled approximately 125,000 to 150,000 kms. From then on, the Tesla overall emits less "greenhouse" gases, and continues a downward slope. So if you drive more than 20,000 kms per year and your concern is "greenhouse" emissions, buy an electric car.

    However, she says the the problem in what I am attempting to calculate is that we do not have enough data on the life expectancy/replacement/recycling/rebuilding of the battery, or even if it is economically viable. And this is not included in the above calculation. Therefore we can't accurately determine the energy component of what happens to these batteries if we assume a lifecycle of 15 years for the vehicle and battery. Her take is that if the electric car is disposed of after 15 years and 200,000kms, the energy required to manufacture another electric car and battery will nullify any emissions advantage the electric vehicle would have had over the last 50,000 kms assuming the lifespan of the ICE car was 20 years. It's really complicated, and the reality from what I can determine is that none of us know.

    She also cited the intense politicisation of the electrification of vehicles, terms such as zero emission and do something for the environment and change to an electric car as intensely misleading. Not to mention the significant government subsidies to prop up all aspects of electrification. Such as subsidies for solar installations, windfarms, the manufacture of "clean" technology (including vehicles), all of which would not be sustainable under a normal business model.

    Her comment on this so called energy issue is easily fixed, go nuclear.

    The issue for me is I continue to ask myself what problem is this electric technology trying to fix? With automotive emitting 12.9% of global greenhouse gasses, wouldn't it be better to spend the money on looking at shipping and fashion instead?
     
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  23. carl888

    carl888 F1 Veteran
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    Oct 31, 2003
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    I think the EV technology is amazing, and in anything you have to start somewhere (OK, in the late 1800s with the electric car). I am looking forward to seeing where this battery technology takes us over the coming decade. Perhaps the future lies with hybrids and possibly hydrogen. Whom knows!
     
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  24. IanB

    IanB F1 World Champ
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    Jun 15, 2006
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    Wouldn't it be better to address an actual existential problem such as ocean plastic waste?

    From Mr Google:
    • Plastic waste makes up 80% of all marine pollution and around 8 to 10 million metric tons of plastic end up in the ocean each year.
    • Research states that, by 2050, plastic will likely outweigh all fish in the sea.
    • In the last ten years, we have produced more plastic products than in the previous century.
    • The EPA (Environmental Protection Agency) has stated that basically 100% of all plastics human beings have ever created are still in existence.
    • Plastic generally takes between 500-1000 years to degrade. Even then, it becomes microplastics, without fully degrading.
    • Currently, there are about 50-75 trillion pieces of plastic and microplastics in the ocean. Plastic pollution in the ocean has a devastating impact on marine life and ecosystems.
     
  25. greg246

    greg246 Two Time F1 World Champ
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    Jun 2, 2004
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    I miss the good old days. Land rights for gay whales!!
     

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