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Random Thoughts Thread

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53 minutes ago, ccap41 said:

Anything worth a damn is over 40k, and I'm just not going to spend 40k on something that will depreciate like an EV9 will. It will be a heck of a buy at 25-30k, but not at 40-45k.

The fact that the EV batteries are now outlasting ICE engines and are expected to even outlast the EV auto and you can then use it for a battery pack on the house if you add Solar. Plenty of options, but the range and low cost on the EV9 in comparison to an equal ICE is very compelling imho.

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1 hour ago, Drew Dowdell said:

That said, $25k for a near full-size crossover in this economy means it's gonna have 75k miles or more if you find an amazing deal, so at $40k, you're just buying lower mileage regardless of how it's powered. A Kia Telluride with 15k miles is... $42k. A Kia EV9 with 15k miles is... $43k.

And that's why I'm not looking at those. I can easily find Prologues and Blazer EVs for 30k. I can find base models of each for 25k, but I like my niceties.

1 hour ago, Drew Dowdell said:

You both have points kinda. The Kia is going to depreciate, but with the mileage you're doing, everything is going to depreciate. You're gonna get killed on whatever you buy or you're gonna get killed fueling the Navigator. If you're making payments on the Navigator, you might end up netting out to the same monthly on an EV9 after subtracting fuel costs, but having a substantially newer vehicle.

A 35k loan (roughly the difference from my Navigator and 42k purchase price) is approaching $700/month. That's spending about $200 more a month than I am now with $175 payment + gas. That's nowhere close (in my opinion) to netting out. As gas comes down, the equation gets further apart. Yes, part of the point of this is to avoid the fluctuation of gas prices, but near-$700/mo isn't the way.

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