Are the normies noticing rising gas prices yet? Gas is at a multi-year high price.

[redpoint5]

Originally Posted by Xist

I feel offended by your use of logic. Why are you intolerant of my special feelings?!

If it makes you feel any better, I'm at least as intolerant of my own illogical feelings, and certainly more annoyed by them.

Originally Posted by freebeard

An electric tadpole is a unique architecture. I'm preparing to liquidate assets to get one. Interested in a 36hp engine case?

You still trying to unload VW parts on us? I'm not interested unless we pursue a Lemons entry.

If you had a Go Fund Me or some such means of financially supporting your dream, you might get some support from people, though I always admire a person taking on as much responsibility for achieving their dreams as possible.

[jamesqf]

Originally Posted by redpoint5

Anyone have comments on the wall O text I posted? The subject is too interesting for me to let go yet.

Other than wondering how people with sub-500 credit scores get those loans in the first place? And why? I mean, all the vehicles I've bought in my lifetime might not add up to $50K.

I don't think seeing people out of work is really going to motivate EV purchases, because they tend to be big-ticket purchases, even more so than ordinary new cars. What might motivate people is the recovery after the next crash, when they have money again but the memory of high gas prices is still fresh.

[redpoint5]

Originally Posted by jamesqf

Other than wondering how people with sub-500 credit scores get those loans in the first place? And why? I mean, all the vehicles I've bought in my lifetime might not add up to $50K.

I don't think seeing people out of work is really going to motivate EV purchases, because they tend to be big-ticket purchases, even more so than ordinary new cars. What might motivate people is the recovery after the next crash, when they have money again but the memory of high gas prices is still fresh.

This was part of a larger discussion titled Is "$4/gallon gasoline the tipping point for EV adoption?" on the Chevy Bolt forum.

I'm only speculating, but after the housing crash, banks were likely desperate to make up for their lack of profit in home loans, and looked toward other areas of lending. Since the vehicle itself is collateral, it may be a relatively small gamble to finance sub-prime auto loans, especially if they require money down on the loan and/or have high interest rates.

An EV likely has a lower cost of ownership over comparable ICE vehicles if it's owned for a very long time, like 10+ years. The problem is that new car buyers don't keep a car that long, and therefore cannot realize the lower cost of ownership of an EV. The question then is, would lower purchase price motivate people choose an EV over a comparable ICE?

My opinion is that consumers are very motivated by price and total cost of ownership, and the reply was an objection to that.

[Xist]

This is a "Dog in burning room says `This is fine' situation."