Electric and Hybrid Car Thread

[EvoFire]

Originally Posted by AstulzerRZD

I think it's all about cost.

Kia went backwards from 800V EV6/Ioniq5 to cheapo 400V for EV4/5 because their dealer/buyer can't support.
MB/BMW figured out how to put massive 92/110kWh batteries & 800V at the CLA/iX3 price because their engineers got their shit together.

IMO in a year or two we'll see next gen midsizers at 50k USD/70k CAD price point.

I do agree it's looking like the next "breakthrough" if you can call it that is just around the corner.

The iX is a great fit for our needs but it has me very wary about a HUGE depreciation coming up as the next gen is getting ready to go. The thing that the iX has going for me is the unique chassis and construction but most people don't care about that.

With how good the iX3 is shaping up to be, the iX5 might be a bit of a game changer and I feel like holding on to a iX at that point is gonna hurt my wallet a lot.

I'm just cautiously watching this whole thing as I don't know what's going to come out on top, EV exhaustion (people getting tired of it) or actual usable EVs that can actually replace a ICE car. I'm still not convinced using a EV on a road trip is the same as an ICE, but the gap has closed a lot.

[AstulzerRZD]

EV road trip in most of the US is double the cost of just driving a normal car lol
It's really only in BC where gas is so expensive and distances are short that it's worth it.

[headhunt3r]

Originally Posted by EvoFire

I do agree it's looking like the next "breakthrough" if you can call it that is just around the corner.

The iX is a great fit for our needs but it has me very wary about a HUGE depreciation coming up as the next gen is getting ready to go. The thing that the iX has going for me is the unique chassis and construction but most people don't care about that.

With how good the iX3 is shaping up to be, the iX5 might be a bit of a game changer and I feel like holding on to a iX at that point is gonna hurt my wallet a lot.

I'm just cautiously watching this whole thing as I don't know what's going to come out on top, EV exhaustion (people getting tired of it) or actual usable EVs that can actually replace a ICE car. I'm still not convinced using a EV on a road trip is the same as an ICE, but the gap has closed a lot.

A counter point might be that the i3 still continues to hold value despite being discontinued and having been replaced with the i4 and iX.

Seems like the electric BMWs are back to the classic depreciation curve where the bulk depreciation happens in the first few years, then slows down a lot.

[Traum]

Originally Posted by EvoFire

The iX is a great fit for our needs but it has me very wary about a HUGE depreciation coming up as the next gen is getting ready to go. The thing that the iX has going for me is the unique chassis and construction but most people don't care about that.

Is leasing a good enough option to get around / minimize the EV depreciation problem? or does BMW give you a real shxtty residual anyway, so you still end up paying for all that depreciation in the lease payments?

[AstulzerRZD]

Yeah leasing is the best option

[EvoFire]

Originally Posted by headhunt3r

A counter point might be that the i3 still continues to hold value despite being discontinued and having been replaced with the i4 and iX.

Seems like the electric BMWs are back to the classic depreciation curve where the bulk depreciation happens in the first few years, then slows down a lot.

the i3 breadbox has no real alternatives except the Soul EV, and once you've fallen in love with their unorthodox interior you just can't go back.

The iX still has the whole unorthodox interior thing going for it, but the iX5 would be a direct replacement.

Originally Posted by Traum

Is leasing a good enough option to get around / minimize the EV depreciation problem? or does BMW give you a real shxtty residual anyway, so you still end up paying for all that depreciation in the lease payments?

Leasing isn't it. I'm mainly looking at used iX 50 which comes to around high 60 to mid 70. The X5 PHEV is coming in around the same. The problem I have is I feel like the X5 would hold better over the next 4 years which is probably when I'd be looking to replace it whereas the iX I predict will be worth under 30k. My prediction would be a 10k spread between a X5 PHEV and a iX.

The iX is 40% residual after 36 months on a new iX 60 (the old 50 became a 60). It's a 120k + tax car, 40% residual means I'm more than 60k for 3 years. It really doesn't make sense when a lightly used 24 iX50 is going for 75k.