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EV ownership aspirations over the longer term and how the way you own one and experiences with them impact your thoughts

Before you answer, this isn't an anti-EV post despite my views on them. I am legitimately curious about some things to do with longer term ownership aspirations and how experience with EV's plays into them whether or not you currently own (or at least drive) an EV in normal day to day activities.

If you currently have an EV do you own it fully outright (either with or without a normal car loan), or have you bought it through a lease agreement (novated) where you have a three-party salary packaging agreement via your work?

If you fully own yours, how long do you intend to keep it before disposing of it (presumably on-selling as a used car), and will you replace it with another EV or go back to a normal ICE vehicle (or perhaps a hybrid)?

If you own yours via a lease, how long is the lease term, and at the end of the term do you intend to pay out the lease and take full ownership, or 'dispose' of it through the leasing agreeement and get another vehicle. Will that other vehicle be another EV or a normal ICE vehicle (or perhaps a hybrid)?

If you don't currently have an EV (for clarity, I don't) would you consider one to replace an existing ICE vehicle and would you want to buy outright (either full up-front payment or through a normal car loan) or get one via a lease?

I have not driven an EV but have driven some hybrids that that my work had on hire for a short time.

I'm really curious about the prospective aspirations at play here, and note like I said this is not an anti-EV post so I'm being supportive of all options. Pretty much all the people I talk to that lease EV's use novated leases via salary packaging providers that their work contracts with and the lease term seems to be normally 5 years. I've only spoken to 1 person who owns an EV outright (not leased) but I'm sure over time that more people will own them outright instead of leasing (or pay out the lease and keep the car).

In either case (owned outright [maybe with normal loan]) or leased) what aspects of your experience with your current EV are making you keen to stick with it and/or go with another EV down the track, or are making you want to go back to a normal ICE vehicle?

At my worksite there are two staff out of about 60 that own an EV - one has a Volvo XC-40 full electric (made by Geely) but rarely brings it to work and the other person has a BYD Atto. We don't have any EV charging facilities at the workplace. The person who owns the XC-40 also has a Chinese made great wall diesel ute, while the person who has the Atto used to have a normal Commodore station wagon but I think sold that and just uses the Atto.

Please in your responses remember this is not an anti-EV post.
WindTherapy · 56-60, M
I don't own an electric vehicle and don't have any immediate plans to do so. I think they are a good alternative for a commuter vehicle. Especially for those folks who tend to get new(er) cars on a more regular basis. So either a lease or trade-in with factory or extended warranty taking care of repairs.

I live in a rural area so for me charging stations would require a trip in itself, and my home electical doesn't have the capacity without some fairly major expense. I'm also nearly 100% work from home now, so my commuting days are few. It's more excuse to ride the motorcycle into work than needing to be on premise.

I tend to pick up older vehicles (sometimes in need of repair) that I can work on and maintain. It's probably been 10-15 years since I've had a car payment. My concern with EVs is that some of the battery and charging technology used is going to be very expensive to replace when time comes. So much so that it may outweigh the value of the vehicle. Not to mention the cost of a new(er) car seems outrageous. But that may just be the grumpy old man in me coming out. 🤣
RudeBoy1977 · 51-55, M
- Own it outright
- Don't have a plan to dispose of it; we have driven most of our cars till the wheels fall off, which, on an electric car, will probably be sometime around the heat death of the universe
- I suspect that, by the time we replace this car, EVs will be the only cars available, so we will probably replace it with another EV
zonavar68 · 51-55, M
@RudeBoy1977 good to hear you're happy. Nearly everyone with an EV here leases it for 5 years presumably intending to ditch it and get another at the end of the term.
RudeBoy1977 · 51-55, M
@zonavar68 To clarify, we live in the US (California)
Musicman · 61-69, M
I know I will eventually own one, but right now the technology just isn't there yet for me. Just wait and in five or ten years these cars will fully charge in 20 minutes and have a thousand miles or more cruising range. I personally don't understand why they don't have an onboarding charging system so it will charge while you drive it. Motorhomes with large lithium battery banks have them. Why not cars???
RudeBoy1977 · 51-55, M
@Musicman The charging and range work for us, but we have a gasoline-powered Subaru as well, and we would use that for anything longer than a 150-mile excursion, although we don't tend to take many longer trips. My wife drives the car back and forth to work, with a total commute of about 30 miles, and we charge it from a level 1 (110V x 10 amp = 1 KW) charger in our driveway. We would have preferred a level 2 charger, but our electric service doesn't have the capacity to handle it.

As an aside, I think EVs need to and will evolve to meet the needs of a wider range of customers, but we also need to upgrade the electric grid. Our city is trying to ban new natural gas hookups to houses, and I think there are good reasons to ban them, but those newly electrified new and existing houses are going to need more grid capacity.
Musicman · 61-69, M
@RudeBoy1977 Amazingly just a few years ago natural gas was heralded as clean energy. Cities were changing their busses over to natural gas and today it's bad. I don't understand this.

 
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