Everything posted by Drew Dowdell
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Random Thoughts Thread
It's a job title. The man recently said something incredibly idiotic regardless of one's political leaning, and in his particular case, that isn't a new thing. US/Global Energy and Transportation policy as it relates to cars has always been allowed here. Nuance, complexity, and context are not vices.
- House GOP's Tax Plan Will Scrap Electric Vehicle Credit
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Random Thoughts Thread
The man said the Fossil fuels prevent sexual assault. That's not political.....that's just idiotic.
- Industry News: Luxury Automakers Are Having Headaches With Selling Lease-Return Sedans
- Industry News: Luxury Automakers Are Having Headaches With Selling Lease-Return Sedans
- October 2017: Mercedes-Benz USA
- Buick News: Buick To Play A Key Role In GM's Electrification Plans
- House GOP's Tax Plan Will Scrap Electric Vehicle Credit
- House GOP's Tax Plan Will Scrap Electric Vehicle Credit
- House GOP's Tax Plan Will Scrap Electric Vehicle Credit
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House GOP's Tax Plan Will Scrap Electric Vehicle Credit
Then I would ask if you've read the article William posted that we're commenting on.... 100 years ago, those roads didn't exist. It took federal subsidies to create them. Eventually, possibly in your and my lifetime, everyone will be driving EVs except for a few old dotards who keep a gas powered Toronado in the garage.
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House GOP's Tax Plan Will Scrap Electric Vehicle Credit
@ccap41 - The point that @surreal1272 and I are making here is that driving has been subsidized by taxpayers for decades.... So while I can't speak for him, I'm a little confused as to why you protest this particular subsidy that is, in the grand scheme of things, very small. If you're against all subsidies, that's a perfectly valid position to have. Just understand the full gravity of what comes with that position with regards to traditional cars.
- House GOP's Tax Plan Will Scrap Electric Vehicle Credit
- Buick News: Buick To Play A Key Role In GM's Electrification Plans
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House GOP's Tax Plan Will Scrap Electric Vehicle Credit
Tesla will run out of credits first, followed by GM. Nissan has to be on that list somewhere too. I do not know how close they are. Why is subsidizing 57% of someone's road use okay, but not 20% of someone's vehicle purchase? Putting it another way; If you're so worried about tax credits on EVs, why aren't you worried that we haven't raised the gas tax from 18.4 cents per gallon to 43 cents per gallon.... a 133.7% increase in the gas tax?
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House GOP's Tax Plan Will Scrap Electric Vehicle Credit
Why not just let the 200k vehicle credit run its course? Our gas taxes only cover 43% of the highway budget. I work from home most days now so my contribution to the highway fund via gas taxes is very minimal.... my income taxes are subsidizing your driving whether you buy an EV or not and I'm okay with that because that's how civil society works.
- Chevrolet JOLT EV
- Sales: Sales Figure Ticker: October 2017
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House GOP's Tax Plan Will Scrap Electric Vehicle Credit
And this is why I was thinking you were trolling or deliberately being obtuse. Tax credits = higher sales Higher sales = better economies of scale = lower costs per unit. The Leaf only has a 107 mile range - Batteries cost per KwH - KwH = range - Bolt has more than double the range No one here, or anywhere, is saying that we all deserve to drive EVs - don't use fallacies. The Credit is there to get more EVs onto the market to drive more demand for the infrastructure to be built so that more EVs can get on to the market at a lower cost in the future.
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House GOP's Tax Plan Will Scrap Electric Vehicle Credit
The tax credit makes the vehicle more affordable for a broader audience. That means it increases sales for the companies and it helps with the financial justification for investment into the infrastructure. Superior technology is also usually more expensive technology. If this tax credit goes away, expect EV sales to crater and Tesla to possibly go under. The removal of the tax credit turns the Bolt from a $30k car into a $37,500 car.... base. Even with the credit, GM is likely losing money on each one sold. These are very long term investments for 10 - 20 years into the future.
- Industry News: Waymo Scraps Plans For Human Intervention In Dangerous Situations
- Industry News: Waymo Scraps Plans For Human Intervention In Dangerous Situations
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Industry News: Luxury Automakers Are Having Headaches With Selling Lease-Return Sedans
This. For what he wants to drive, I defer to him on picking out a car. I present him with options based on his criteria and he can pick from them. Last night he said to me "I'm not getting a used car.". And that's where I corrected him. Whatever we get will be a CPO or used with a good warranty.
- Sales: Sales Figure Ticker: October 2017
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Industry News: Luxury Automakers Are Having Headaches With Selling Lease-Return Sedans
That's kinda what this article is talking about. Excessive leasing is starting to hurt them at the back end of the transaction. They are writing artificially cheap leases and then when the lease is done, the asset it worth less than what the lease was written for even at full retail. However, they are finding themselves unable to stop because they've hooked those customers on the crack of cheap leases. If they adjusted their leases for reality, lease prices would go up and sedan sales would drop even further than they already have.