3 ms·

The people with the money to buy these EVs probably don’t care as much. They own or lease them for 2 or 3 years then refresh.

Loic 2y ago
In Germany where more than 70% of the new vehicles are bought/leased by companies over 24/36 months, you are totally right. They do not care as longevity of the battery is priced in the lease.
- Someone 2y ago
  I don’t follow that logic. If you’re in charge of car lease contracts at a company, wouldn’t the lease price be one of the major factors in deciding whether an offer is good/in whether your boss is happy about you? On the contrary, I would think individual leasers would be more likely to make the impulse choice of “greater range, and ‘only’ costs $X a month more” than companies, who often lease dozens or more cars.
  - tgsovlerkhgsel 2y ago
    The price would be a major factor. The state in which the battery will be in at the end of those 3 years would be a complete non-factor (because at that point it's not your problem anymore). So someone who leases like this won't need to think/worry about battery longevity, whereas someone buying will be hesitant to buy a vehicle unless they are reasonably sure that the battery will last a long time. Of course, battery degradation would likely have some influence on the lease price, but I doubt it will be a major factor.
    - Someone 2y ago
      > Of course, battery degradation would likely have some influence on the lease price, but I doubt it will be a major factor. I disagree. Battery longevity hugely affects how much money the lease company can get when they sell the car after X years, so in a world of perfect information, it should have a large influence on lease price. In the real world, the lease company will have to gamble a bit. Many will choose to spread the risk by buying a spread of different cars, but they’ll still calculate expected sale price and adjust the lease price accordingly.
dotancohen 2y ago
My EV has been the cheapest vehicle to own that I've ever had. 90,000 KM and I've never changed the oil, or an oil filter, or had a catalytic converter stolen, or had wet plug wires lead to a tow, or had a coil go bad, or failed emissions testing, or leaked transmission fluid. And during the time that I've owned it, I've never had to drive into a shady gas station at night. And even per-kilometer, I'm paying about 1/8 what I was paying with gasoline. That said, I did replace the tires at 70,000. And I've filled the washer fluid dozens of times. So it's not completely maintenance-free ))
- rat9988 2y ago
  What car do you own, if you don't mind?
  - dotancohen 2y ago
    Tesla Model 3 Long Range

Loic 2y ago

In Germany where more than 70% of the new vehicles are bought/leased by companies over 24/36 months, you are totally right. They do not care as longevity of the battery is priced in the lease.

Someone 2y ago
I don’t follow that logic. If you’re in charge of car lease contracts at a company, wouldn’t the lease price be one of the major factors in deciding whether an offer is good/in whether your boss is happy about you? On the contrary, I would think individual leasers would be more likely to make the impulse choice of “greater range, and ‘only’ costs $X a month more” than companies, who often lease dozens or more cars.
- tgsovlerkhgsel 2y ago
  The price would be a major factor. The state in which the battery will be in at the end of those 3 years would be a complete non-factor (because at that point it's not your problem anymore). So someone who leases like this won't need to think/worry about battery longevity, whereas someone buying will be hesitant to buy a vehicle unless they are reasonably sure that the battery will last a long time. Of course, battery degradation would likely have some influence on the lease price, but I doubt it will be a major factor.
  - Someone 2y ago
    > Of course, battery degradation would likely have some influence on the lease price, but I doubt it will be a major factor. I disagree. Battery longevity hugely affects how much money the lease company can get when they sell the car after X years, so in a world of perfect information, it should have a large influence on lease price. In the real world, the lease company will have to gamble a bit. Many will choose to spread the risk by buying a spread of different cars, but they’ll still calculate expected sale price and adjust the lease price accordingly.

dotancohen 2y ago

My EV has been the cheapest vehicle to own that I've ever had. 90,000 KM and I've never changed the oil, or an oil filter, or had a catalytic converter stolen, or had wet plug wires lead to a tow, or had a coil go bad, or failed emissions testing, or leaked transmission fluid. And during the time that I've owned it, I've never had to drive into a shady gas station at night. And even per-kilometer, I'm paying about 1/8 what I was paying with gasoline. That said, I did replace the tires at 70,000. And I've filled the washer fluid dozens of times. So it's not completely maintenance-free ))

rat9988 2y ago
What car do you own, if you don't mind?
- dotancohen 2y ago
  Tesla Model 3 Long Range