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My husband and I had had similar conversations. We will see a car like that on the road and game out what we would do differently. The answer is we would still be driving to Meijer for groceries. The Supra is the most expensive car we have ever owned, and that was before they raised the price, and there are times I won’t take it places because I don’t want anything to happen to it or it to get dirty.
During the 1960’s in my tender teens I had an uncle who was a musician, folk singer/song writer. Blue Grass was all the rage and I asked him if he could play Blue Grass. He said; “I’d like to be able to play Blue Grass—and then not.” Since then that has been my mantra for anything frivolous, expensive, outlandish. I’d like to have the money for that, and then keep the money and be a little more “Scottish” in my spending.
 
The way I rationalize it is I will be keeping her for a long time like the Wrangler. My plan is 12 to 15 years so amortized over that length of time it’s not bad at all.
It seems like a lot of people when they look at modern or new car prices. They are probably higher than they should be but the main thing they see is the depreciation value, especially since EV‘s depreciate pretty fast. The only reason I care about the depreciation value of my current car is because it will be traded in for my scout, but before this car, I’ve never cared about depreciation and probably won’t after either. I intend for my scout to be a 10+ year vehicle so what it’s worth to other people doesn’t really matter to me by the time the thing is over 200,000+ miles.
 
During the 1960’s in my tender teens I had an uncle who was a musician, folk singer/song writer. Blue Grass was all the rage and I asked him if he could play Blue Grass. He said; “I’d like to be able to play Blue Grass—and then not.” Since then that has been my mantra for anything frivolous, expensive, outlandish. I’d like to have the money for that, and then keep the money and be a little more “Scottish” in my spending.
Great reference to Scottish-I know the history of that 🤣
 
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It seems like a lot of people when they look at modern or new car prices. They are probably higher than they should be but the main thing they see is the depreciation value, especially since EV‘s depreciate pretty fast. The only reason I care about the depreciation value of my current car is because it will be traded in for my scout, but before this car, I’ve never cared about depreciation and probably won’t after either. I intend for my scout to be a 10+ year vehicle so what it’s worth to other people doesn’t really matter to me by the time the thing is over 200,000+ miles.
Exactly the right mindset. I typically purchase cars an historically keep them about 4 years (it’s my only thing I actually spend money on) and even with those brief times I still never purchased with depreciation in mind.
 
Exactly the right mindset. I typically purchase cars an historically keep them about 4 years (it’s my only thing I actually spend money on) and even with those brief times I still never purchased with depreciation in mind.
As long as I’m not upside down. I won’t trade in if I have negative equity. That I have never done. I know someone who kept doing that and they were paying $800 a month for a RAV4! If you want a new car every 2 years lease one, don’t buy.
 
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As long as I’m not upside down. I won’t trade in if I have negative equity. That I have never done. I know someone who kept doing that and they were paying $800 a month for a RAV4! If you want a new car every 2 years lease one, don’t buy.
We often say we should lease mine but we’ve never been upside down either.
 
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We often say we should lease mine but we’ve never been upside down either.
To a lot of people leasing doesn’t feel the same as owning, or you also have to worry about the extra mileage fees, even though they would still rather update every couple years for the new technology. Given the youth of electric vehicles, I would absolutely consider leasing my scout, but I don’t want the mileage limitations however I still plan to keep my scout for many years
 
To a lot of people leasing doesn’t feel the same as owning, or you also have to worry about the extra mileage fees, even though they would still rather update every couple years for the new technology. Given the youth of electric vehicles, I would absolutely consider leasing my scout, but I don’t want the mileage limitations however I still plan to keep my scout for many years
And I expect them to be like Rivian and not offer leasing right out of the gate. It took a while for Rivian to offer leasing and then when they added it it was a state by state thing. I have no idea why but I remember seeing posts when leasing was available in a new state.
 
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And I expect them to be like Rivian and not offer leasing right out of the gate. It took a while for Rivian to offer leasing and then when they added it it was a state by state thing. I have no idea why but I remember seeing posts when leasing was available in a new state.
I *believe* but haven’t confirmed that the state-by-state legal monopolies that dealerships are gifted with combined with state-by-state financial laws, means leasing is more heavily restricted in some states than others.

As of June 2025, these states still didn’t allow Rivian to lease to consumers:

  • Delaware
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Maine
  • Minnesota
  • New Hampshire
  • Oklahoma
  • South Carolina
  • Wisconsin
  • Wyoming
 
Perhaps I have the wrong numbers for the TRX, but it doesn’t matter if it was 10k or some other, similarly small number of units sold, it was still an unmitigated failure in sales numbers based on the same arguments made for the Lightning—the best selling EV pickup—being a "failure.”

The narrative of “they lost money on every vehicle sold” is a weird way of saying, “the initial capital investments were spent and they hadn’t yet achieved full payback on those investments.”

When Scout sells its first vehicle, it will have “lost" more than $5B on that one vehicle. The second one will bring the “losses" down to $2.5B.
The TRX is a halo car based on an existing vehicle. Its price point guaranteed profitability and it wasn't canceled because of low sales. From a business and marketing standpoint, it's a success. The Lightning can't make the same argument. I will concede Ford has done a terrible job marketing EV's (as most legacy carmakers have), but the sales numbers needed to make back their investment were not going to happen, especially after the tax credit ended. The people at Ford came to the same decision that Scout and Stellantis did: EREV's are more palatable to American car buyers for the time being,
 
The TRX is a halo car based on an existing vehicle. Its price point guaranteed profitability and it wasn't canceled because of low sales. From a business and marketing standpoint, it's a success. The Lightning can't make the same argument. I will concede Ford has done a terrible job marketing EV's (as most legacy carmakers have), but the sales numbers needed to make back their investment were not going to happen, especially after the tax credit ended. The people at Ford came to the same decision that Scout and Stellantis did: EREV's are more palatable to American car buyers for the time being,
Incentives were scheduled to end no matter what. The issue is the 100% electric reversal mindset that came from the top. If status quo would have remained companies would continue to grow their portfolios. When the outlook became one of support one side only and continue subsidizing them and not both sides it created fear and division-which isn’t surprising this day and age
 
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Incentives were scheduled to end no matter what. The issue is the 100% electric reversal mindset that came from the top. If status quo would have remained companies would continue to grow their portfolios. When the outlook became one of support one side only and continue subsidizing them and not both sides it created fear and division-which isn’t surprising this day and age
That game is/was being played by both political sides sadly. Everything needs to coexist. As my engineering teacher would say, he has to coexist with his wife, therefore the automotive and political subsidies(gas and oil) can do the same.
 
We really need to increase, not decrease, investments in science and engineering research and development if we want the US to remain relevant on the world stage. But instead, we're going to keep building data centers and bitcoin mining nonsense.

Compared to the heat steam power technologies in use, Chaoton One is expected to deliver a 50 percent increase in net electricity generation while improving overall power generation efficiency by over 85 percent.