Asking
Only logged in members can reply and interact with the post.
Join SimilarWorlds for FREE »

Latest EV push - get them on 'subscription' and replace every 3 to 5 years like a mobile phone on a contract plan

Poll - Total Votes: 1
Would you buy an EV on a standard lease and dump it every 5 years for a new one?
Would you buy an EV on a mobile phone like subscription plan and get a new one every few years?
Would you buy an EV on a normal car loan or outright and keep it for a long time (say 10 + years)?
Would you not buy an EV at all despite how 'sexy' the deals are made out to be?
Show Results
You can only vote on one answer.
Ewwwww all I can say to that is Danger Will Robinson!

Source... https://au.news.yahoo.com/the-new-electric-car-trend-which-could-see-demand-soar-like-a-mobile-phone-232622232.html

The problem is that you will never actually 'own' the vehicle if you do this, and at the end of the 'subscription' term you basically have to let it go.

In a way it's taking the novated lease idea and spinning it into another approach on the 'everything as a service' concept.

The idea of 'ownership' where you buy and pay for it now you fully own it and can do what you like with it is being pushed to the side and people will be enticed/encouraged to 'buy' a vehicle as a 'service' rather than something that you actually own.
This page is a permanent link to the reply below and its nested replies. See all post replies »
Majorsite · 61-69, M
What They don't tell people, Is that We won't have electric grids that will handle them. And probably won't til 2035 or longer. Plus, The electricity will still need to come from coal !
zonavar68 · 56-60, M
@Majorsite I keep raising this point with the net-zero zealots and they cannot handle it or answer it. Currently Australia has 2.5 ish percent of registered vehicles that are EV's, To reach even 50 percent, the total capacity of the Australian electricity grid has to increase by 20+x the current capacity to support charging all the EV's that Australian's are supposed to be forced into buying between now and the mid-2030's (that's only 10 years away). Most people cannot afford rooftop solar and/or home battery systems, and most people would not be willing to allow their EV to become a 'grid battery' and have energy 'stolen' from their EV in the same way you wouldn't allow a random person to take petrol or diesel that you paid for from your petrol or diesel car.