You may think this claim is counterintuitive, but consider the following:
Electric cars never need to warm up. Get in, put it in drive and go! (In Teslas, there’s not even a “Start” button.) Moreover, your cabin will be warm in less than 1/2 mile, because it doesn’t depend on an engine warming up.
You’ll never break down. There is hardly anything to fail. Remember, it’s just a battery and a motor (or two). You’ll never stall and you’ll never need a boost. There are only 50 moving parts in an electric car. What can fail? I like to tell people that the only time you’ll see an EV on the side of the road is if there’s an accident or a flat tire or the driver needs to duck behind a bush.
With their low center of gravity and 50/50 front-to-back weight distribution, electric cars handle better and more safely on wet or snow-covered roads. The battery in most EVs is mounted underneath the cabin. My AWD Teslas perform better in snow than my AWD 2009 Lexus RX 400h did. Here’s a 11-minute YouTube video of all three Tesla models being test-driven on Tesla’s Alaska test-track:
Imagine the worst winter scenario, where you get stranded in the snow and need to survive overnight or longer in your car. An EV is perfect for that situation, because you won’t have to stop and start your gas engine to keep warm and worry about carbon monoxide poisoning. The EV will lose less than 5 miles of range per hour to keep you warm. And it won’t matter if your car is upside down. If you charged your car beforehand, you’ll have long-term warmth.
One of my favorite EV features is the ability to leave the climate system on when I go into a store or meeting on a frigid (or super hot) day. When I return to the car, it will be at 70 degrees. If I’m going to be in a long meeting, I can turn on the heat or A/C using my smartphone app as I’m leaving the meeting room and know that the car will be comfortable by the time I get in it.
As I wrote last month, the best deal in electric cars is a used one. According to Kelley Blue Book (www.kbb.com), my good-as-new 2015 Tesla Model S 70D has a private resale value of $33,402. That is crazy. I paid $93,000 for it new.
In the wake of last Saturday’s green homes tour and electric vehicle showcase, I’d like to share the advice I give to people who ask me about investing in solar power and buying an electric car.
As much as I wish it weren’t so, you will not recoup what you spend on solar panels, insulation and other green home improvements for your home when you sell it. As with any improvement, you will receive a percentage of what you spend, but it will not be anywhere near 100%. Only make those investments because you’ll enjoy the comfort and savings for at least a few years — and because it’s the right thing to do.
Regarding electric cars, I recommend buying a used EV. The used car industry has yet to properly value used EVs. Currently electric cars are devalued the same way gas cars are devalued, which doesn’t make sense. Consider a 4-year-old gas-powered car with 100,000 miles on it. You can probably get it for half its original price, because so many components, such as transmission, timing belt or fuel pump, are worn and might fail. But none of those components exist in EVs. There are under 50 moving parts in a Tesla. The same age EV is simply as good as new.
A used Tesla built before mid-2017 is an especially good deal, because lifetime free supercharging transfers to the buyer (unless purchased from Tesla). I’ve seen many Tesla Model S cars for sale online under $40,000, less than half their original price. Here’s one I found just now on autotrader.com….
This Saturday, Sept. 14th, from 10 am to 3 pm, Golden Real Estate is hosting National Drive Electric Weekin our parking lot at 17695 S. Golden Road in Golden. This is our 5th year hosting the event. From Sept. 14 to 22 there are 307 events around the country, nine of them in Colorado. In addition to ours on Sept. 14th, there are events in Denver on Sept. 19th, Pueblo on Sept. 14th, Longmont and Ft. Collins on Sept. 15th, Avon on Sept. 18th, and Colorado Springs, Durango and Grand Junction on Sept. 21st. Info on all of them is at DriveElectricWeek.org. What’s so cool about this event is that there are actual EV owners showing their own vehicles, answering questions and sometimes offering rides “around the block” to interested visitors. There may also be dealers who can offer test drives of their EV models. At press time, 19 such EV owners had registered to attend our Golden event. On the website you can register as an EV owner or as an attendee. We’ll also have a booth from Ecology Solar, which sells home solar systems to fuel your EV as well as power your home, and Pedego Golden, a new bike shop, will be giving free test rides on electric bikes.
We already have 14 EVs registered for the National Drive Electric Week event in Golden Real Estate’s parking lot at 17695 S. Golden Road, Golden, on Sept. 14th, 10 a.m. to 3 p.m. We have all 3 Tesla models plus models from BMW, Jaguar, Chevrolet, Nissan and Hyundai. If you have another brand, please register it at www.DriveElectricWeek.infoand come show it off. If you want to be an attendee, you can reguster at the same site.
Golden Real Estate’s monthly Sustainability Series continues next Thursday, April 18th, at 5 p.m. with Session #4 about electric vehicles.
Eleven people have already signed up for this session, but we have room for twice that number, so sign up if you’ve been wanting to understand the technology, economics and practicality of owning and driving electric cars.
Did you know that electric cars outsold gas powered cars until about 1915? Drivers (especially women) preferred them until, ironically, the electric starter made gasoline-powered cars easier and safer to start.
So, electric cars are not new. What’s new is the battery technology which now allows EVs to carry enough stored electricity on board to provide a range approaching that of a tank of gasoline — as high as 300+ miles.
Lead acid batteries were the only kind that the original electric cars could utilize. Today’s batteries are lithium-ion, but within a few years there will be solid state batteries.
This is just some of what you’ll learn at next Thursday’s session. To reserve your seat, email me at Jim@GoldenRealEstate.com. The session will be at our office, 17695 S. Golden Road, in Golden.
If you can’t attend, you might enjoy a 35-minute YouTube video of my presentation, “Gas Cars Are Obsolete — and Here’s Why.” It’s online at www.GasCarsAreObsolete.info.
The session is followed on Saturday, April 20th, with a “Drive Electric Earth Day” event in our South Golden Road parking lot, where you’ll be able to interview the owners of many different models of EVs about their cars and why they love them. An electric bicycle dealer is also bringing bikes to test ride! Register as either spectator of EV owner at www.DriveElectricWeek.info.