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1431 posts

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  #2074569 16-Aug-2018 17:15
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networkn:

 

frednz:

 

The Government is encouraging as many people as possible to buy electric vehicles as part of their environmental policies. So, if some people are prepared to pay $80,000 for a 64 kWh elite Hyundai Kona, then this is a good thing because their Konas are likely to be sold within a few years at a considerably reduced price, which means that they may then be more attractive to a wider group of buyers.

 

So, even though new EVs are very expensive at the moment, we should encourage as many people to buy them as possible, rather than to continue investing in petrol vehicles (which are harmful to the environment), merely because they are cheaper than EVs.

 

 

... I am not saying don't go spend your hard earned cash on one, but you might want to go and take a really good hard look at the numbers. 

 

 

If I'm silly enough to pay $80,000 for a NZ-new 64 kWh Elite Hyundai Kona EV, in say 2 year's time, someone will probably be silly enough to buy it second-hand off me for $50,000 resulting in a net cost to me for owning the Kona for 2 years of $15,000 per year (which isn't too bad).

 

Now lots of people are prepared to spend $15,000 per year on overseas trips etc, so you have to look at the numbers mainly from the point of view of the likely depreciation over the period you own it. Sure, you lose interest on the $80,000 you had to fork out to buy it in the first place, but with interest rates being so low, it's not such a big factor these days (IMHO).

 

If you look too hard at the numbers, you wouldn't do anything, particularly travel and the purchase of luxury items!

 

 

 

 


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  #2074571 16-Aug-2018 17:18
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Well based on the price of the EV I decided to buy the Kona Elite 2.0 petrol.  Should arrive next week.  Maybe an EV when it's time for the next upgrade :(


 
 
 
 




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  #2074575 16-Aug-2018 17:22
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gehenna:

 

Well based on the price of the EV I decided to buy the Kona Elite 2.0 petrol.  Should arrive next week.  Maybe an EV when it's time for the next upgrade :(

 

 

Good for you, it's a nice vehicle, but you aren't exactly going to get the experience of owning cutting-edge future technology! And the "Greenies" aren't going to approve your new petrol vehicle either!


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  #2074578 16-Aug-2018 17:27
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frednz:

 

If I'm silly enough to pay $80,000 for a NZ-new 64 kWh Elite Hyundai Kona EV, in say 2 year's time, someone will probably be silly enough to buy it second-hand off me for $50,000 resulting in a net cost to me for owning the Kona for 2 years of $15,000 per year (which isn't too bad).

 

Now lots of people are prepared to spend $15,000 per year on overseas trips etc, so you have to look at the numbers mainly from the point of view of the likely depreciation over the period you own it. Sure, you lose interest on the $80,000 you had to fork out to buy it in the first place, but with interest rates being so low, it's not such a big factor these days (IMHO).

 

If you look too hard at the numbers, you wouldn't do anything, particularly travel and the purchase of luxury items!

 

 

Everyone values money differently. I am not opposed to spending that money on cars, I have owned a lot of nice cars. My mother cursed me with extremely expensive tastes, but luckily blessed with me an excellent work ethic.

 

Having said that, right now, I think EV's are more a vanity item than a planet saving planet. If you really want to save the planet, then give up meat for example.

 

I am not having a crack at you personally, I just think people should be honest about their motivations.

 

 




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  #2074581 16-Aug-2018 17:35
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networkn:

 

frednz:

 

If I'm silly enough to pay $80,000 for a NZ-new 64 kWh Elite Hyundai Kona EV, in say 2 year's time, someone will probably be silly enough to buy it second-hand off me for $50,000 resulting in a net cost to me for owning the Kona for 2 years of $15,000 per year (which isn't too bad).

 

Now lots of people are prepared to spend $15,000 per year on overseas trips etc, so you have to look at the numbers mainly from the point of view of the likely depreciation over the period you own it. Sure, you lose interest on the $80,000 you had to fork out to buy it in the first place, but with interest rates being so low, it's not such a big factor these days (IMHO).

 

If you look too hard at the numbers, you wouldn't do anything, particularly travel and the purchase of luxury items!

 

 

Everyone values money differently. I am not opposed to spending that money on cars, I have owned a lot of nice cars. My mother cursed me with extremely expensive tastes, but luckily blessed with me an excellent work ethic.

 

Having said that, right now, I think EV's are more a vanity item than a planet saving planet. If you really want to save the planet, then give up meat for example.

 

I am not having a crack at you personally, I just think people should be honest about their motivations.

 

 

 

 

If you really want to save the planet, don't go on cruises or fly overseas etc etc. I think a lot of people just want to experience the new EV technology and be a part of it as an early adopter. It sure does get boring just sticking with old technology when there's so much to learn through being an early adopter of new technology, even though this often comes at a premium price!


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  #2074583 16-Aug-2018 17:45
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tripper1000:

 

Aero-dynamics, or lack of, is the single biggest enemy of EV efficiency. The bigger vehicle just won't be as clean through the air.

 

 

surely these two vehicles are identicle ,so incur the same drag .Aerodynamics is not the problem, 1.8 tonnes is.


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  #2074585 16-Aug-2018 17:49
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wellygary:

 

Dinga96:

 

Getting back on the subject matter, here is a good write up on it in yesterdays Herald.I found it more interesting than previous stories from test drives on EVs.Especially the information on the 39.2kWh Kona Electric, which is apparently more efficient!

 

https://www.driven.co.nz/reviews/reviews/hyundai-kona-electric-review-range-finder/

 

 

That's not surprising given its big brother is continually hauling around an extra 150kg in battery weight and more powerful motors .. 

 

 

Motors !

 

There's more than one!


 
 
 
 


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  #2074588 16-Aug-2018 18:19
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frednz:

 

Good for you, it's a nice vehicle, but you aren't exactly going to get the experience of owning cutting-edge future technology! And the "Greenies" aren't going to approve your new petrol vehicle either!

 

 

i don't care




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  #2074602 16-Aug-2018 19:52
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gehenna:

 

frednz:

 

Good for you, it's a nice vehicle, but you aren't exactly going to get the experience of owning cutting-edge future technology! And the "Greenies" aren't going to approve your new petrol vehicle either!

 

 

i don't care

 

 

No worries, in fact I think the petrol Kona has several advantages over the EV models, such as coming with a compact spare wheel and tyre (instead of just a puncture repair kit) and having greater minimum ground clearance. And of course, the petrol Kona has a range of around 700km compared with about 400-450km for the EV.

 

The fact that people are looking ahead and deciding that their next vehicle is likely to be an EV is a good thing, because at present new EVs are prohibitively expensive and some people don't like the idea of investing in second-hand imported EVs, even though they seem to be very reliable.

 

I actually have often criticised people who have thrown off at my ICE car when they call me an "icehole" and I certainly am not going to rush into buying an EV just because they are probably better for the environment!


mdf

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  #2074686 17-Aug-2018 09:07
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Dinga96:

 

tripper1000:

 

Aero-dynamics, or lack of, is the single biggest enemy of EV efficiency. The bigger vehicle just won't be as clean through the air.

 

 

surely these two vehicles are identicle ,so incur the same drag .Aerodynamics is not the problem, 1.8 tonnes is.

 

 

EVs are typically more aerodynamic than the ICE equivalent, since you don't need a radiator, and therefore don't need airflow around it. The Ioniq and Kona EVs both replace the front grill with a solid panel. Looks kind of odd first time you see it.


UHD

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  #2074892 17-Aug-2018 14:50
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Dinga96:

 

networkn:

 

Dinga96:

 

You should not assume that petrol will stay the same price for 16 years.

 

 

How much would it need to rise by to invalidate the comment?

 

 

 

 

networkn ,the comment is already invalid.

 

 

How so?


98 posts

Master Geek


  #2074929 17-Aug-2018 16:41
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UHD:

 

Dinga96:

 

networkn:

 

Dinga96:

 

You should not assume that petrol will stay the same price for 16 years.

 

 

How much would it need to rise by to invalidate the comment?

 

 

 

 

networkn ,the comment is already invalid.

 

 

How so?

 

 

UHD you based your whole calculation on costs not changing,we know petrol will be going up .

 

That petrol car could be costing twice as much as you quoted to buy fuel for annually,injust a few short years,4 dollars a litre could a possibility,when our dollar falls and oil companies realise ther profit margins are being squeezed by ev uptake,not here maybe but certainly overseas.I do not see our dollar rising again in the short term now the reserve bank has finally got their wish.

 

Of course I agree with you these new electric Konas are way to expensive.But heck you can not expect them to be on par with petrol this early in the piece.


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  #2074933 17-Aug-2018 16:46
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Dinga96:

 

UHD you based your whole calculation on costs not changing,we know petrol will be going up .

 

That petrol car could be costing twice as much as you quoted to buy fuel for annually,injust a few short years,4 dollars a litre could a possibility,when our dollar falls and oil companies realise ther profit margins are being squeezed by ev uptake,not here maybe but certainly overseas.I do not see our dollar rising again in the short term now the reserve bank has finally got their wish.

 

Of course I agree with you these new electric Konas are way to expensive.But heck you can not expect them to be on par with petrol this early in the piece.

 

 

UHD's comment and point was not that prices won't increase, but that even taking that into account, EV's are stupidly too expensive now and don't present good value.

 

 


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  #2074958 17-Aug-2018 18:25
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networkn:

 

Dinga96:

 

UHD you based your whole calculation on costs not changing,we know petrol will be going up .

 

That petrol car could be costing twice as much as you quoted to buy fuel for annually,injust a few short years,4 dollars a litre could a possibility,when our dollar falls and oil companies realise ther profit margins are being squeezed by ev uptake,not here maybe but certainly overseas.I do not see our dollar rising again in the short term now the reserve bank has finally got their wish.

 

Of course I agree with you these new electric Konas are way to expensive.But heck you can not expect them to be on par with petrol this early in the piece.

 

 

UHD's comment and point was not that prices won't increase, but that even taking that into account, EV's are stupidly too expensive now and don't present good value.

 

 

 

 

 

 

The same comment about stupidly expensive and value could also be said about high end petrol cars. BMWs, Porche etc. (vrs buying a toyota)

 

Why should I get angry about expensive EVs vrs expensive petrol cars. Its all about what you value I suppose.

 

Petrol car enthusiasts often seem to be bothered by expensive EVs but not about expensive petrol cars. ie the comment on why would you spent 84k on small ev could also be leveled at those who buy 84k petrol convertibles or BMW thread but isnt.

 

 

 

 


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  #2074980 17-Aug-2018 19:00
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My 80k BMW is much much better than an 80k eV for handling and performance so that's not even a valid argument. Also my 80k BMW is much more practical.

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