These stories piss me off, because I tried from January to May to buy a Chevy Bolt from a dozen plus dealers and all I found was markups, falsely advertising customer pre-ordered vehicles as available for sale, and even 3 year old models with 5000 miles being advertised as “new.”
I finally gave up and bought a used car from an independent honest dealer. All this talk of EV’s not being able to sell is just the dealer tactics coming back to haunt them and I say fuck them
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BEVs are fundamentally more expensive than conventional cars. That is the real problem here. Blaming the dealers won’t change that.
But not if you take into account the leveled cost of ownership. But it’s an up front cost rather than spread out, so it’s more difficult. Plus the cost can be way lower if people okay with shorter range smaller vehicles.
It is not in a dealers best interest to sell vehicles that require less costly services for the life of the car which is a big ongoing revenue for many dealerships.
Sales people do not have that long a perspective. The article does talk about 100-200% turnover every year, which is again horrible practices coming back to bite them, but the sales person is only interested in immediate commission and bonus
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In Australia, Deloitte’s shared this breakdown.
“On average, barely 5 per cent of a dealer’s profit comes from new car sales. The majority (about 50 per cent) comes from parts and service, while the remainder comes from finance and insurance (30 per cent) and the balance is from used cars (15 per cent).”
In the US it appears to be very similar.
“So where does the majority of a dealership’s profit come from? It’s not from car sales, at least not directly. It’s from the service and parts department, which accounts for the other 49.6% of the dealership’s gross profits, according to NADA.”
https://www.edmunds.com/car-buying/where-does-the-car-dealer-make-money.html
I needed to drive 5 hours to get one at a good price. And they were moving tones of that model though. The other places I went to also mentioned their EVs were moving very quickly, one I was looking at was bought within 2 days of listing. So this doesn’t at all match with my experience. Maybe they’re referring to the super expensive luxury EVs rather than lower price ones?
Huge discounts on EVs? I really need to get out and see this!
Also dealerships: $10k mark up on this bad boy!
Why do we even have dealerships?
It’s a delicate ecosystem: the car salesmen need their cut to spend on drinking and gambling or else the bars and dog tracks will shut down causing more unemployment.
This is the best summary I could come up with:
After making record profits in the wake of the pandemic and the collapse of just-in-time inventory chains, they’re now complaining that selling electric vehicles is too hard.
Almost 4,000 dealers from around the United States have sent an open letter to President Joe Biden calling for the government to slow down its plan to increase EV adoption between now and 2032.
More and more car buyers are opting to go fully electric each year, although even a record 2023 will fail to see EV uptake reach double-digit percentages.
Mindful of the fact that transportation accounts for the largest segment of US carbon emissions and that our car-centric society encourages driving, the US Department of Energy published a proposed rule in April that would alter the way the government calculates each automaker’s corporate average fuel efficiency.
Over the summer, industry analysts at Cox Auto made plenty of headlines with data showing that new EV inventory was growing.
Helpfully, the dealers published a complete list of the 3,882 signatories, making it very easy for people to see which businesses are opposing action on climate change.
The original article contains 586 words, the summary contains 183 words. Saved 69%. I’m a bot and I’m open source!
We don’t even know if the batteries on those things will worsen with time, like all other batteries do.
You cant replace the battery on a EW, it’s cheaper to buy a new car.
We don’t even know if the batteries on those things will worsen with time, like all other batteries do.
We absolutely do. Of course they degrade over time. But they last much monger than expected. Today they all come with 100,000mile 8-10year warranties.
You cant replace the battery on a EW, it’s cheaper to buy a new car.
Of course you can! They’re designed to be replaced. Most of them can be swapped out in about an hour at an equipped shop. And the cost (outside of warrantee) is typically about 20-30% the cost of the car. So it’s absolutely cheaper to replace the battery than buy new.
Thank you, I didn’t know this. But paying 30% of the new car price after they expire sounds awful… But at least it’s possible.
