Ecocharger + 1,475 DL March 8, 2022 23 hours ago, Jay McKinsey said: Demand for used EVs exceeds supply. The number 1,2,4 and 7 in demand used cars in the US are PEV: Fastest-Selling Used Vehicles iSeeCars also analyzed the top 20 fastest-selling used vehicles. The average used car takes 46.2 days to sell, while the top 20 fastest-selling vehicles average 28.2 days and sell 1.5 to 1.9 times faster than the average used vehicle. The list of fastest-selling used vehicles is led by alternative-fuel vehicles, which includes nine hybrids and three fully-electric vehicles. Top 20 Fastest-Selling Used Vehicles in January 2022- iSeeCars Study Rank Vehicle Average Days to Sell Average Price 1 Tesla Model Y 24.7 $67,121 2 Toyota Prius Prime 25.8 $28,844 3 Honda Insight 25.9 $27,191 4 Tesla Model 3 26.5 $50,996 5 Toyota Prius 26.7 $26,340 6 Toyota Corolla Hybrid 27.6 $27,472 7 Ford Mustang Mach-E 27.7 $58,744 8 Toyota GR Supra 27.8 $57,545 9 Mitsubishi Outlander 28.4 $23,525 10 Mazda MAZDA3 28.6 $25,192 11 Chevrolet Trailblazer 29.3 $31,125 12 Audi A3 29.3 $29,305 13 Chrysler Pacifica Hybrid 29.3 $44,585 14 Honda Accord Hybrid 29.5 $31,549 15 Toyota Venza 29.8 $41,537 16 Honda Clarity Plug-in Hybrid 29.8 $27,137 17 Ford Bronco 30.1 $73,573 18 Ford Bronco Sport 30.4 $40,103 19 Cadillac XTS 30.6 $30,004 20 Toyota Highlander Hybrid 30.9 $46,626 Average for All Used Vehicles 46.2 $35,925 The fastest-selling used vehicle is the Tesla Model Y electric crossover, which takes on average 24.7 days to sell. “The highly-anticipated Tesla Model Y was the best-selling electric vehicle in America in 2021 after making its debut in 2020, and the lightly-used versions that are just entering the used car marketplace are in high demand,” said Brauer. A second Tesla, the Model 3 also makes the list. “A new version of the Model 3’s Standard Range Plus variant isn’t expected until June 2022, which further elevates the demand for used versions, some of which are being sold at higher prices than new versions ,” added Brauer. Nine hybrid vehicles make the list including the Toyota Prius Prime plug-in hybrid, the Honda Insight, the Toyota Prius, the Toyota Corolla Hybrid, the Chrysler Pacifica Hybrid, the Honda Accord Hybrid, the Toyota Venza, the Honda Clarity Plug-In Hybrid, and the Toyota Highlander Hybrid. “Many of these hybrids are new models that are just coming to the used car marketplace and are in short supply, including the Toyota Venza that debuted in 2021, the Toyota Corolla that debuted in 2020, and the Honda Insight that debuted in 2019,” said Brauer. “Just as in the new car marketplace, hybrid and plug-in vehicles are hot sellers as fuel prices have increased by 40 percent in January compared to last year.” https://www.iseecars.com/fastest-selling-cars-study Another joke Jay...."fastest-selling" is again off-topic, which is true to form for your work, always off-topic. The topic is not which is the "fastest-selling" but how many are sold. EVs are not even a significant factor in the used market, not even a blip. It is totally dominated by ICE vehicles. Your responses are getting more pathetic by the day. Quote Share this post Link to post Share on other sites
Jay McKinsey + 1,490 March 8, 2022 1 minute ago, Ecocharger said: Another joke Jay...."fastest-selling" is again off-topic, which is true to form for your work, always off-topic. The topic is not which is the "fastest-selling" but how many are sold. EVs are not even a significant factor in the used market, not even a blip. It is totally dominated by ICE vehicles. Your responses are getting more pathetic by the day. Fastest selling is a top indicator of demand. As more EVs are produced and sold through the new car market their numbers in the used car market will grow proportionally. Too bad you don't understand the topic. Quote Share this post Link to post Share on other sites
Ecocharger + 1,475 DL March 8, 2022 (edited) The self-strangulating policies of the Green Brigade have brought us to this point of disaster, just as anyone could have predicted. This is what happens when a government goes Green and declares war on 85% of the energy source. https://oilprice.com/Energy/Crude-Oil/Canceling-Keystone-XL-May-Have-Been-Bidens-Biggest-Blunder.html "...in a few years, the failure to have Keystone XL in place could be a contributor to higher gasoline prices. If the demand is there, and it is more expensive to ship oil from Russia, for example, then gasoline prices are going to be higher. Many environmentalists will acknowledge that, and say this is just fine with them. Higher gasoline prices should lead to more conservation. That’s true, but it also leads to losing elections, and the loss of the ability to pursue your agenda. Ultimately, canceling Keystone XL was about sending a message. But when you weigh the actual impact versus the political impact that many got from the message, it was just the wrong decision to cancel it. Finally, this entire analysis doesn’t even consider the $15 billion TC Energy is seeking in damages from the U.S. government for the cancellation of the project under the terms of the North American Free Trade Agreement. If they are awarded damages, then the decision changed what would have been a positive for the economy into a significant net negative." Edited March 8, 2022 by Ecocharger Quote Share this post Link to post Share on other sites
Ecocharger + 1,475 DL March 8, 2022 (edited) 5 minutes ago, Jay McKinsey said: Fastest selling is a top indicator of demand. As more EVs are produced and sold through the new car market their numbers in the used car market will grow proportionally. Too bad you don't understand the topic. Nonsense, it means precisely nothing in terms of market penetration. What counts is number of sales. Elementary, Jay...I guess you skipped your economics courses. Edited March 8, 2022 by Ecocharger Quote Share this post Link to post Share on other sites
Jay McKinsey + 1,490 March 8, 2022 (edited) 2 minutes ago, Ecocharger said: Nonsense, it means precisely nothing in terms of market penetration. What counts is number of sales. First EVs will take over the new car market then they will take over the used car market. That is the way. Today's new car market is tomorrow's used car market. Edited March 8, 2022 by Jay McKinsey Quote Share this post Link to post Share on other sites
Ecocharger + 1,475 DL March 8, 2022 Just now, Jay McKinsey said: First EVs will take over the new car market then they will take over the used car market. That is the way. First, they will not take over anything but a few lame brains, second they can never penetrate the used market because of the problem replacing the power plant, no one wants to buy into that. You are relying on the usual pint-sized numbers and dreaming into fantasyland again.....I guess that is more fun than reality. Quote Share this post Link to post Share on other sites
Ecocharger + 1,475 DL March 8, 2022 (edited) Oil and coal and natural gas are the hottest commodities around, and getting hotter. https://oilprice.com/Latest-Energy-News/World-News/Goldman-Sachs-Oil-Prices-To-Average-135-Per-Barrel-This-Year.html "Oil prices are set to average $135 per barrel this year as the world could face the “largest energy supply shocks ever” with Russian crude struggling to make it to the market, according to Goldman Sachs. The investment bank significantly hiked its oil price forecasts for 2022 and 2023. Goldman now sees the spot Brent Crude price averaging $135 a barrel this year, up from $98 expected earlier. The forecast for 2023 is now $115 a barrel spot Brent, compared to $105 previously." Edited March 8, 2022 by Ecocharger Quote Share this post Link to post Share on other sites
Jay McKinsey + 1,490 March 8, 2022 4 minutes ago, Ecocharger said: First, they will not take over anything but a few lame brains, second they can never penetrate the used market because of the problem replacing the power plant, no one wants to buy into that. You are relying on the usual pint-sized numbers and dreaming into fantasyland again.....I guess that is more fun than reality. If no one wanted to "buy into that" EVs wouldn't be the fastest selling used cars. Quote Share this post Link to post Share on other sites
Eyes Wide Open + 3,555 March 8, 2022 7 minutes ago, Jay McKinsey said: First EVs will take over the new car market then they will take over the used car market. That is the way. Today's new car market is tomorrow's used car market. Ohhh my! Quote Share this post Link to post Share on other sites
Ecocharger + 1,475 DL March 8, 2022 3 minutes ago, Jay McKinsey said: If no one wanted to "buy into that" EVs wouldn't be the fastest selling used cars. The used EV market is virtually non-existent, and will remain so. 1 Quote Share this post Link to post Share on other sites
Eyes Wide Open + 3,555 March 8, 2022 (edited) 5 minutes ago, Ecocharger said: The used EV market is virtually non-existent, and will remain so. As stated many times, merely a novelty. Edited March 8, 2022 by Eyes Wide Open 1 Quote Share this post Link to post Share on other sites
Jay McKinsey + 1,490 March 8, 2022 (edited) 6 minutes ago, Eyes Wide Open said: As stated many times, merely a novelty. At what percentage of new vehicle market share would you say they stop being a novelty? Edited March 8, 2022 by Jay McKinsey Quote Share this post Link to post Share on other sites
Eyes Wide Open + 3,555 March 8, 2022 25 minutes ago, Jay McKinsey said: At what percentage of new vehicle market share would you say they stop being a novelty? We had a brief exchange awhile ago, the dealer body and others told a certain some one to pound salt. How this all unwind will be done quietly behind the scenes. Ford CEO Farley: No Plan to Spin Off EV Business Ford, Farley said, can’t just pivot from internal combustion engines to battery-powered vehicles. The internal combustion engine organization is good at body, paint and manufacturing, and would be envied by startup EV makers. But “I can’t turn to the ICE organization and say ‘go be Tesla.’ They may do it on the (auto) body. They may do it in plant operations, but that’s not good enough,” he said, without giving specifics of what changes are coming. Ford has only 15% of the market in the U.S., so the transition to battery vehicles is a chance to attract new customers. But Farley said it needs to make the buying process simple and all online. https://www.ttnews.com/articles/ford-ceo-farley-no-plan-spin-ev-business Quote Share this post Link to post Share on other sites
Jay McKinsey + 1,490 March 8, 2022 4 minutes ago, Eyes Wide Open said: We had a brief exchange awhile ago, the dealer body and others told a certain some one to pound salt. How this all unwind will be done quietly behind the scenes. Ford CEO Farley: No Plan to Spin Off EV Business Ford, Farley said, can’t just pivot from internal combustion engines to battery-powered vehicles. The internal combustion engine organization is good at body, paint and manufacturing, and would be envied by startup EV makers. But “I can’t turn to the ICE organization and say ‘go be Tesla.’ They may do it on the (auto) body. They may do it in plant operations, but that’s not good enough,” he said, without giving specifics of what changes are coming. Ford has only 15% of the market in the U.S., so the transition to battery vehicles is a chance to attract new customers. But Farley said it needs to make the buying process simple and all online. https://www.ttnews.com/articles/ford-ceo-farley-no-plan-spin-ev-business You didn't answer my question but whatever. The dealer body told him no such thing! The new plan puts pain to the dealers as even your blurb states "But Farley said it needs to make the buying process simple and all online." Ford EV, ICE split will mean big changes for dealers Ford is asking its dealers to implement some of the most significant changes to their business in decades as it works to modernize its retail strategy and beat back threats from Tesla and EV startups. https://www.autonews.com/dealers/ford-ev-ice-split-will-mean-big-changes-dealers Ford Dealers Will Likely Have To Sell EVs At Fixed Prices Under New Plan Change has proven to be abundant in the automotive world over the past couple of years, with the chip shortage prompting automakers like Ford to shift strategy by trimming inventory and moving toward a more profitable build-to-order model. This is nothing new for EV automakers like Rivian or Tesla, however, which currently sell vehicles built to order at fixed prices with little to no physical inventory or even dealerships/showrooms to speak of. Now, it seems that Ford dealers may very likely also have to sell electric vehicles at fixed prices soon, according to a new report from Automotive News. As Ford Authority reported last week, FoMoCo plans to split its business into two distinct entities – Model e, which will focus on EVs, and Ford Blue, which will focus on ICE vehicles, and will ask dealers to specialize in either one of the two or its Ford Pro commercial business. While many long-standing traditions won’t change as part of this split, Ford is reportedly looking at developing a new set of operating standards for Ford dealers that sell EVs which would capitalize on the strength of its dealer network while also borrowing a few ideas from automakers like Rivian and Tesla. Those standards include things like selling EVs at fixed prices, carrying zero inventory, and operating in scaled-down facilities. Dealers will be allowed to opt-in if they wish to sell the automaker’s EVs alongside ICE-powered vehicles. It’s currently unclear how much such a move would cost dealers or what sort of requirements will be in place, though the automaker’s “next-generation” EV certification costs roughly $35,000. Dealers that currently sell the Ford Mustang Mach-E and E-Transit will be allowed to continue to do so – along with the Ford F-150 Lightning – through the end of 2023, while the new retail model would launch in January of 2024. https://fordauthority.com/2022/03/ford-dealers-will-likely-have-to-sell-evs-at-fixed-prices-under-new-plan/ Quote Share this post Link to post Share on other sites
Jay McKinsey + 1,490 March 8, 2022 54 minutes ago, Eyes Wide Open said: As stated many times, merely a novelty. Clearly Ford doesn't think they are a novelty. Quote Share this post Link to post Share on other sites
Eyes Wide Open + 3,555 March 8, 2022 Just now, Jay McKinsey said: But Farley said it needs to make the buying process simple and all online." That day will never come. Jay that's the beauty of the auto business. See the mistakes of others and capitalizing on it. But I'm quite sure the mfg's love this artificial environment, selling cars and no incentives, no competition. In the end it makes for very bad results. Frankly were about 6 months away from a paradigm shift, Biden is about to walk away from the Green Progressive agenda..just as Clinton did. Only this time it's far to late...Putin has crashed the entire system. 1 Quote Share this post Link to post Share on other sites
Eyes Wide Open + 3,555 March 8, 2022 (edited) 6 minutes ago, Jay McKinsey said: Clearly Ford doesn't think they are a novelty. Jay Ford is walking away...this transition will take time. Or they can hold their hand up and openly state...yeah we blew it.....LMAO Then there is all those rebates again Edited March 8, 2022 by Eyes Wide Open 1 Quote Share this post Link to post Share on other sites
Jay McKinsey + 1,490 March 8, 2022 2 minutes ago, Eyes Wide Open said: Jay Ford is walking away...this transition will take time. Or they can hold their hand up and openly state...yeah we blew it.....LMAO Then there is all those rebates again Walking away from what? Quote Share this post Link to post Share on other sites
Jay McKinsey + 1,490 March 8, 2022 11 minutes ago, Eyes Wide Open said: That day will never come. Jay that's the beauty of the auto business. See the mistakes of others and capitalizing on it. But I'm quite sure the mfg's love this artificial environment, selling cars and no incentives, no competition. In the end it makes for very bad results. Frankly were about 6 months away from a paradigm shift, Biden is about to walk away from the Green Progressive agenda..just as Clinton did. Only this time it's far to late...Putin has crashed the entire system. It goes into effect January of 2024. Quote Share this post Link to post Share on other sites
Eyes Wide Open + 3,555 March 8, 2022 (edited) 29 minutes ago, Jay McKinsey said: It goes into effect January of 2024. Think So? Read the last paragraph.It is all telling, by the way...the Supreme Ct does not weigh in policy making..just the constitutionality of policy. And the EPA does not make LAW...they will be struck down.. Supreme Court Hears Arguments in Landmark Climate Change Case As the justices consider their decision, they leave hanging perhaps the most important major question from today: When will all three branches of the United States federal government finally come to recognize the seriousness of the climate crisis? https://www.sierraclub.org/sierra/supreme-court-hears-arguments-landmark-climate-change-case-EPA-clean-power-plan Edited March 8, 2022 by Eyes Wide Open Quote Share this post Link to post Share on other sites
Jay McKinsey + 1,490 March 9, 2022 (edited) 1 hour ago, Eyes Wide Open said: Think So? Read the last paragraph.It is all telling, by the way...the Supreme Ct does not weigh in policy making..just the constitutionality of policy. And the EPA does not make LAW...they will be struck down.. Supreme Court Hears Arguments in Landmark Climate Change Case As the justices consider their decision, they leave hanging perhaps the most important major question from today: When will all three branches of the United States federal government finally come to recognize the seriousness of the climate crisis? https://www.sierraclub.org/sierra/supreme-court-hears-arguments-landmark-climate-change-case-EPA-clean-power-plan Too late for that to matter in regard to EVs. The market, both consumers and investors, has spoken. Legacy ICE companies aren't running in fear of Tesla because of the EPA. Edited March 9, 2022 by Jay McKinsey Quote Share this post Link to post Share on other sites
Jay McKinsey + 1,490 March 9, 2022 3 hours ago, Eyes Wide Open said: Ohhh my! More like this: Quote Share this post Link to post Share on other sites
notsonice + 1,255 DM March 9, 2022 (edited) 4 hours ago, Ecocharger said: The used EV market is virtually non-existent, and will remain so. yep as no one is willing to part with their EV's after they buy a new one.......Enjoy the thought and with Today's price of Gas.......the demand for EV's is skyrocketing...... Big Oil is its own worst enemy....Putin is putting EV's , renewables and battery storage in overdrive....voooom voooooom Edited March 9, 2022 by notsonice 1 Quote Share this post Link to post Share on other sites
Ecocharger + 1,475 DL March 9, 2022 (edited) 4 hours ago, Jay McKinsey said: At what percentage of new vehicle market share would you say they stop being a novelty? That is not the question, the question is about used vehicles markets, where the EVs do not exist. EVs are about less than 1% of vehicle markets, not worth the ink you are spilling over it. Edited March 9, 2022 by Ecocharger Quote Share this post Link to post Share on other sites
Ecocharger + 1,475 DL March 9, 2022 The resurgence of oil and coal markets is making mincemeat out of the Green plans for the future, they are now in shreds and that is a good thing for the planet and for humanity. https://oilprice.com/Energy/Energy-General/Nothing-But-Bullish-News-As-Oil-Prices-Soar.html "2021 Sees Record CO2 Emissions from Energy. According to the International Energy Agency, global energy-related emissions rose to an all-time high of 36.3 billion tonnes in 2021, up 6% year-on-year, as exorbitant gas prices rekindled interest in coal burning." Quote Share this post Link to post Share on other sites