Your friends either weren’t paying attention when they booked. The app tells you (with great accuracy) how long the ride will take when you book. In most cities the Waymo cars don’t go on highways and try to avoid routes with speed limits more than 35 mph. They also avoid certain odd...
The only difference between L3 and L4/L5 driving is the level of human fallback required. The difference between L3 vs L4 capability is largely software and computer efficiency within said software. Rivian doesn’t know whether their R2 is capable of L4 because they don’t know the timeline to...
Yes - that’s my point. It’s an OPTION you are buying. If the problems come out and the residual is way above expected market value then you can return the lease at lease-end and buy an identical used vehicle for below residual value. That’s the option value in leasing for a tech forward product...
Yeah agree with you kind of but in the “in perpetuity” situation that’s a different comparison. That person is making a preference decision to only own new cars, thats not really financially comparable to long-term ownership it’s just kind of a whole different thing.
I’m just talking about the...
Again - this is not quite right. With Rivians you have the right (but not the obligation) to buy out the lease whenever you want. You can just pay the lease term + residual value. If you want to own it you can and you don’t have to return the car in 3 years.
Leasing is effectively a purchase...
Depends on the interest rate. I have lots of cash available but if they have a deal with a sub-3% interest you better believe in financing every dollar they will allow.
You don’t have to return a car at the end of the lease, you have the option to buy it out at the agreed-upon residual value. Leasing is basically just an informed bet on that residual value at the end of the lease.
For EVs in particular, leasing can make a ton of financial sense because of...
Yikes. Thought you meant the equivalent Dual was the same payment as your quad. In that case the finances seem terrible either way but if you care about the cost a new lease doesn’t sound great either
I mean.. first question for you to answer is what about your use case makes going from a 1000 horsepower, 2.6s 0-60 suburban SUV to a 533 horsepower, 4.5s 0-60 (or 665 horsepower, 3.4s with performance package) suburban SUV a meaningful downgrade? Personally I've never found my dual to be...
It’s just buzzwords. If there are hardware generations you have to own, then it’s not software defined.
In truly software defined products, the vendor owns and manages the core hardware/ infrastructure. Autoscaling cloud environments are probably the closest example but in reality there are...
Calling 800V a “fad” is wild.. it’s not some speculative new tech, it’s the obvious next evolution of what is largely current tech. It’s like arguing 128K DSL was unnecessary because 56K over dial-up was already good enough.
It’s very debatable whether they have “nailed” price targets - proof...
BMWs are priced for aggressive leasing and frankly the depreciation math so far shows leasing as a good financial decision for mass-market EVs right now.
They will be competitive
95%+ of the market for these cars are people that are going to use DCFC no more than 10 times per year. And at least where I am (Eastern US), 350kw charging isnt super rare at all and will continue to grow. It’s buying future proofing as well
I didn’t NEED $7500 to “afford” either of my EVs when I bought them. But I likely wouldn’t have bought them without it because I have a price in mind I want to pay for a daily car regardless of the max I can afford
wouldnt get your hopes up.. to get to 350 miles range it would need to somehow pull off the efficiency of a Lucid Air GT while still being shaped like a brick.
im not saying all.. im just saying the vast majority. Probably about half the homes in my neighborhood have at least one EV in the driveway. I rarely see anyone accessing their frunk.
Powered or not, I personally don’t find it at all convenient for groceries. Usually there is a car parked in...
I use my R1S frunk the exact same way I use my Mach-E frunk. To store rarely used things (mobile EVSE, car vacuum) and for extra storage when I road trip with the family. I don’t use it day to day.
I suspect you would find the same thing for vast majority of EV owners. It’s just much more...