Why Are Used Nissan Leaf <b>Prices</b> Falling So Rapidly? |
| Why Are Used Nissan Leaf <b>Prices</b> Falling So Rapidly? Posted: 26 Jun 2014 09:00 AM PDT  
If the market for EVs are expanding, then why are prices tumbling? There are a couple of factors at work here.
With all this good news, is there any bad news? I think there is. According to the report, the average used Nissan Leaf lost 4.2% of its value in May. That's $819 that flew out of the owner's wallet while he or she wasn't looking. Most people just look at their monthly payment and figure that's what their car is costing them, but in fact the true cost of any car has to include sales tax, insurance, maintenance, repairs, fuel and of course depreciation. In addition, any down payment has to be apportioned for the number of months the car is owned. Put all that together and you could argue that a typical owner is spending about $1300 each month to drive a Leaf. There is good news for people looking to buy a used Leaf, though not so good news for many current owners. But with the cost of the cars tumbling, buyers who want an electric car can get one at a steep discount to the original sticker price. All that depreciation means more electric cars in total will be on the roads, and that truly is good news for America.  About the Author Steve Hanley I have been a car nut since the days when articles by John R. Bond and Henry N. Manney, III graced the pages of Road & Track. I became familiar with every nut, bolt and bullet connector on an MGB during 20 years of ownership. I now drive a 94 Miata for fun and the occasional HPDE track day. If it moves on wheels, I am interested in it. Related Posts New Renault Twingo Inspired by Classic Renault LeCar → Meet the 2017 Nissan BladeGlider Test Mule → Nissan Leaf Taxi Service Opens In London → Nissan Wants A Threeway With Tesla and BMW →Back to Top ↑
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| Proposed EPA Changes Add Just $7 To <b>Cost</b> Of <b>Cars</b> | CleanTechnica Posted: 09 Jun 2014 05:50 AM PDT   June 9th, 2014 by Christopher DeMorro Some people just love to throw a temper tantrum, and we're seeing some predictably gloomy predictions regarding the EPA's proposed changes to managing carbon emissions. Some are predicting increased utility rates and mass unemployment, but cooler heads are meeting these accusations with studies of their own. A new study suggests that it would only cost automakers about $7 per car to comply with the EPA's new regulations. The study focuses on higher electric rates, and finds that automakers can cover the extra cost by literally pocket change, according to Green Car Reports. There's actually even more to the study than that. Entitled Severe Weather and Manufacturing in America: Comparing the Costs of Droughts, Storms, and Extreme Temperatures with the Cost of the New EPA Standards, it focuses on what major businesses have to lose by not acting on climate change. Charging an extra $7 per car to cover the cost of extra electricity is small potatoes compared to the potential costs of climate change and extreme weather. Shutting down an assembly line at a major auto plant could cost a company as much as $1.25 million…per hour. In comparison, the higher electric rates will cost a factory that makes 150,000 vehicles per year an extra $1.05 million, about 20% less than a single lost hour of production. Fighting climate change isn't just about common sense…it's about dollars and sense. That's the only way we'll get through to some of these doubters. Keep up to date with all the hottest cleantech news by subscribing to our (free) cleantech newsletter, or keep an eye on sector-specific news by getting our (also free) solar energy newsletter, electric vehicle newsletter, or wind energy newsletter.   About the Author Christopher DeMorro A writer and gearhead who loves all things automotive, from hybrids to HEMIs, Chris can be found wrenching or writing- or esle, he's running, because he's one of those crazy people who gets enjoyment from running insane distances. Related Posts California Publishes Results Of EV Survey → Chevy Volt Owners Drive On Electricity 63% Of The Time → Obama's Clean Power Plan Avoids Policy Mistakes Made In EU → Economic Value Of Renewables For Environment, Economy & Society →Back to Top ↑ |
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