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Study on buying a used Electric

Thu Dec 14, 2017 5:26 am

2015 Magnetic FFE (aka Magneto) - Retired
2017 Kona Blue FFE (aka King Kona) - Current

Posts: 280
Joined: Wed Apr 13, 2016 3:24 am
Location: Northeast Ohio

Re: Study on buying a used Electric

Thu Dec 14, 2017 7:57 am

scottt wrote:3rd paragraph stings a bit ... udy-shows/

Well, the didn't ask me. My FFE is great and I LOVE it !
2013 Focus Electric
2013 C-Max Energi
2013 Escape

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Joined: Tue Aug 16, 2011 11:40 am
Location: Toledo, Ohio

Re: Study on buying a used Electric

Thu Dec 14, 2017 6:11 pm

Ouch! That 3rd paragraph is brutal. Ford does need to do some homework on reliability but I'd still take my FFE over a Leaf anyday. Although 2018 vs 2018 models that choice would not be so easy.
2014 Blue Candy FFE (since this forum doesn't allow BBcode in sigs)

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Re: Study on buying a used Electric

Fri Dec 15, 2017 11:01 am

These studies on used EVs seem to always ignore the impact of tax incentives on the resale price. When you factor in that depending on where you live, you could see anywhere from a $7500-$14000 reductions the second you drive off a lot, of course the resale will take a hit when the second owner can't make use of any of these.

My 2015 leaf cost me $18K post incentives. Today it is worth maybe $10K but I've saved at least $6K along the way compared to an ICE vehicle. That's pretty darn good.

My 2017 FFE w/leather will cost me a total of $15500 if I buy it at least end (payments + residual + tax). If it is worth $9K at that point I still break even with cost of ownership.

I do however think that the early EVs will remain cheaper in comparison to their newer brethren, but this is a factor of more limited range.

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