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December 2009 Posts
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[1:33:00] Join Nikki Gordon-Bloomfield, Michael Craner and Zan Dubin Scott as they discuss this week's EV news.
Don't just listen to the EVcast -- experience and be a part of it! Join us at 1:00pm Eastern, M-F, in our live video broadcast and chat along with us!
Good show Nikki!
Zan Dubin Scott's website: http://www.zdscommunications.com/
Michael Craner's website: http://www.viddler.com/explore/evworldeditor/videos/65/
the CMT-380: http://green.autoblog.com/tag/Capstone+Turbine+CMT-380/
I look forward to your Imiev show this weekend;-)
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There are many different ways to pay for things. Different people certainly pay for their cars differently.
1) Cash up front2) Car loan3) Leasing
Did I miss anything? But when it comes to gasoline, pay-as-you-go, seems to be the only model. I think that will continue to be the case if the "fuel" is changed to electricity. We will pay for our electricity on a monthly basis. I think everyone is comfortable with that.
So now what about the electric car? Should the financing of the battery be separated from the financing of the car? e.g. car loan for the car, but leasing for the battery? I DON"T THINK SO.
However we choose to finance the car (cash, loan, lease) the same model should be used for the battery. The lifespan of the car, and the life span of the batteries is about the same (10 years). California law requires this batteries to last 10 years, so one way or another the batteries will last 10 years. There is no justification for switching financing schemes for the battery over the car.
If I have trouble paying the full amount of the car price, e.g. $50,000, then I will have to get a car loan. But I don't want to get a loan for the car, and then lease the batteries. If I like leasing, then I should lease both the car and the batteries. But I don't want to lease the car from one company and the batteries from a different company. I think Nissan is making a mess of it here.
This seems like classical marketing BS. The Leaf is too expensive, so they are trying to find a way for it to look cheaper. So they will have you buy a $25,000 car and lease a $15,000 battery. Then you are supposed to look at the $15,000 as like your gasoline costs. If you pay $1500 per year in gasoline, then you will pay $1500 per year to lease the battery. But this is unnecessary and does not make things any cheaper.
For your ICE car you have1) monthly car payment $5002) gasoline $125 Total $625
For your EV you will have 1) monthly car payment $6002) electricity $25 Total $625
or something like that. It is not necessary to add a third expense of leasing the batteries.
LaterJohn C. Briggs
"...The Leaf is too expensive, so they are trying to find a way for it to look cheaper..."
I couldn't agree more John- it's like a shell game with the true cost of the car- and all they will do is make something simple very complex- just reselling a car that you own outright, but are leasing the batteries for, is going to be a nightmare, for the seller, buyer and Nissan.
As much as I look forward to the advent of EV's (why else would I be at this site;-), I also know it is going to be expensive initially- probably too expensive for my own use at first. Car companies need to be honest and upfront about the costs, othewise they will turn off a lot of potential buyers, and slow the adoption of EV's. Seems like this was one of Bo's 12 PR gaffes?
