[ExI] electric vehicles again

[spike at rainier66.com]

-----Original Message-----
From: extropy-chat <extropy-chat-bounces at lists.extropy.org> On Behalf Of F.
C. Moulton via extropy-chat
Sent: Monday, 29 January, 2024 12:03 PM
To: extropy-chat at lists.extropy.org
Cc: F. C. Moulton <moulton at moulton.com>
Subject: Re: [ExI] electric vehicles again



On 1/28/24 12:03, spike jones via extropy-chat wrote:
> I heard Hertz is ditching their EVs.  I was thinking of trying to 
> score one, cheap, while the supply is high and the demand temporarily 
> low (because so many potential Tesla customers are angry with Musk 
> over TwitterX.)
> 
  Spike



>...According to the news reports I have read Hertz is not ditching all of
their EV inventory rather they are adjusting to customer demand just as they
adjust inventory for SUV versus economy size etc. Basically they over
estimated demand for EVs. Since I now live in Arizona I will note that in
the Phoenix area the demand for the Tesla models that Hertz is selling was
high when I made my purchase. I purchased a basic 2023 Tesla Model 3. I did
my paperwork for the purchase on Thursday and it took a bit longer than I
expected because the person in charge of paperwork had multiple purchases
happening at the same time. So there is at least one data point that shows
the demand is not low at least at one location at one point in time. From
the conversation I had with the sales they are having some people purchase
the vehicle over the phone without seeing it. This does not mean that demand
is at this level in all locations however it might suggest that more
detailed information is needed Fred
--
F. C. Moulton
moulton at moulton.com
_______________________________________________


Hi Fred, thx for the clarification.  I am not looking for one as recent as
2023.  I am looking for one about 4 yrs old with perhaps 70k miles.

In general, initial depreciation on American cars is steep.  I bought my
current ride, a 2003 Linc Town Car, when it was 4 yrs old with 55k miles for
1/3 its new sales price from the guy who bought it new.  He had all the
paperwork, showed that he paid 48.1k, sold it to me for 16 even.  So:
American car, 1/3 sales price 4 yrs later.

2024 basic Model 3 is about 40K?  So a 2020 with 70 on it from a rental
company should be about... 13k?  That sounds like a compelling deal.

spike