EV residuals: Anyone's prospectoscope working?

People would rather give money to Musk than the government (tax incentive) and they wouldn’t be caught dead in a minivan. But a 7 passenger Model Y is an incredibly cramped car.

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Catch me in the X7 with the v8 but never with the minivan! (drove like 2 minivans for years before I got into expensive cars lol)

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Going back to EVs. Basically the market (maybe other than Taycans) are going to follow Tesla. Tesla is simply the best EV for most people at this time due to the charging network. Since tesla is dropping like flies, you’ll see some crazy EV deals by the end of the year.

I hope so, because right now, the only carrot automakers are dangling are $7500 pass through lease to buy credit and some pre sell discounts. EQ was heavy back in march, but now its (correction was 17%) new and now the programs are piss poor.

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The reality is this: Merc hit market saturation for that model at a price point that was ultimately unsustainable.

They could have kept trying to squeeze blood from a turnip and keep racing to the bottom or they can give themselves a break and stop chasing the slickdeals crowd that’s just gonna hold your surveys hostage for free floormats.

But what do I know, I didn’t even stay at a holiday inn express last night.

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Charging network doesn’t matter that much. Fit and finish on the car being terrible is more important imo. Most people charge at home and rarely go on road trips

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Looking at the crowds at EA chargers, I would say that free charging is more important than charging speed or availability for a lot of buyers. Watch Elon give free 3 year charging for all new Teslas to entice buyers. That will really make current Tesla owners happy.

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I have to disagree. You still see Tesla being the leader in EV simply because of their charging network. I’m in NJ, the most densely populated state in America and a very very left leaning state, the closest Tesla charger is only 8 minutes away but the closest EA charger is 25 minutes away. EA has 800 stations while tesla has 1800. Using a non Tesla EV means it’s a second car while a Tesla could, with some restrictions, be your only car.

Not really. They are the leader bc they were the first mover. They are losing ground bc they have failed to innovate their products.

Not saying chargers doesn’t matter but I think the car and product you want matters far more . Most people won’t use them often at all.

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I’ve heard that Tesla chargers will be open to everyone next year. It’s amazing that the new Model 3 will have a range of 300+ miles with a 58kw battery, just with drag and tire improvements. They’re also quieter and provide a better ride. But that won’t be good for the resell vale of current Model 3s.

Sad Season 1 Episode 1 GIF by NBC

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Tesla will shrink its lead in overall EV experience when the legacies are able to use the network, but they still will control the EV “petrol station” unlike everybody else outsourcing their charging network, which are subpar at best.

I do think if you remove the charging station out of the equation (its a big player no doubt but most people should be charging at home overnight then at superchargers by design) the product matters. However we have yet to see OEM legacies put forth impressive products, whether at the top or bottom end.

Season 17 Episode 21 GIF by The Simpsons

Not being a hater because it’s competition but because as a long time Tesla owner I know their voodoo range numbers are only possible under very specific conditions that 99.998% of drivers aren’t ever going to see for long enough to make it happen.

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Not sure it will affect the 3-4yr old models that much.

  1. Most people shopping in the 20-25k price point are not buying $44k cars, no matter what the improvements

  2. The new generation being improved is as old as ICEVs. Just because we are seeing Tesla introducing a new generation or refresh for the first time doesn’t change that. This is all routine stuff

  3. Very quick turnover has generally always been very expensive. Buy a mid 40s brand new bmw or Mercedes and then try to trade for a new one in one year: it’s gonna be just as painful.

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What are the last 5 cars you have owned and how long had you kept each one?

Leased or bought?

Tesla’s will sell well because of their fanatic fanbase (although maybe less fanatic with these price cuts lol) and the fact that people think for some reason it’s a luxury brand with prestige.

Yup it’s amazing how cheap people can be that they are willing to sacrifice 30 minutes of their time to save what amounts to $3-5 of charging at home. When I was on the Ioniq 5 forums, I can’t tell you how many people are DCFC only to take advantage of the 2 year free charging window. It really makes it difficult for people who really need DCFC and are going long distances.

I’m not sure, I think we’re in the “massive improvement every update” part. Which makes previous models way more obsolete. It’s like the golden years of smartphones when the newest and greatest was so much better than last years

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What massive improvement has Tesla ever made upon the release model ? Its minuscule improvements. FSD still does not work

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Expansion of their network at a pace at least closely tied to their sales numbers for one.

I’m talking about the cars, expanding charging network would never make an old gen car obsolete .