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by apublicfrog
166 days ago
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> It's not really that great of a car. I mean it's driving an iPad, basically. Also, they've been plagued with reliability issues eg limiting how much you can adjust your seat because they're so prone to breaking [1]. Do you own one? I've had one for 6 years and I've never had issues with it, it's the best car I've ever owned. I've driven lots of other EVs, and none are close. > Things would be very different if we could buy BYD cars. We've had BYDs and other EVs for many years in Australia, and EVs are still a luxury item. > Each to their own but IMHO leasing is the smartest way to currently "own" an EV, given the depreciation. I've never understood Americans and leasing. Aside from specific styles of novated/chattel leases (where there is a tax benefit), leasing a car seems to almost always be a worse deal. |
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Australia is much closer to the US than China in terms of public transit and EV infrastructure. In China, now the majority of new car sales are EVs. There are chargers everywhere and much of the time you don't need to drive because any decently sized city has robust and cheap public transit.
Australia isn't as car-dependent as the US but it's honestly not that far off. Perth, for example, is akin to Los Angeles in car dependence as well as cars owned per capita.
> I've never understood Americans and leasing.
It's complicated. It's not strictly better but it's not strictly worse either. It depends on if you want or need to drive a relatively new car vs holding on to a car until it falls apart.
Some will talk down leasing because new cars depreciate the most in the first 2-3 years, which is true. But leasing gives you the option of just handing it back or paying the balloon payment if the car hasn't depreciated as much as predicted (and priced in). This happened in the pandemic when car prices skyrocketed and, for example, used trucks were selling for at or above the MSRP of a new car for the same model because you simply couldn't buy the new one (at or below MSRP).