having 2 diesel cars sucks ass
Tough time never last.. only tough people last.
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In my opinion, more and more EVs, even in trucking (like what the US and Europe have) must be introduced into the market. We can't have a situation where every time a war happens, prices for fuel shoot up some 50% as it affects everything. Food, manufacturing, etc. Only a fool today will say EVs don't have a place on our roads. If half the cars were EVs, barely anyone would care about some war on the other side of the world.I was speaking to a mate of mine in the motor industry, who doesn't sell cars but is something of a mechanic. He reckons if this doesn't die down within 6 months, alternative options should be considered. Not selling exactly if we don't have to, and space permitting, but looking into the EV's as dailys and using diesel or petrol vehicles as holiday vehicles for longer distance drives.
My concern is post the "shortage". They were talking about prices staying high and gradually coming down yesterday on the radio. 2026 is going to be wild
Just look at the used market in Europe and the US. Autotrader on Youtube did a review on a 700k km Tesla. The battery after that mileage and being if I remember well 10 years old, only lost 10% or so of its battery capacity. So 400km range after 10 years and 700k km, still 360km left.This will accelerate the trend we already see. The problem ironically isn't actually so much "cost of travel", in SA that's a big deal because our public transport sucks, but it's shipping costs for food and other goods.
So, the inflation will materialize across the board and looks like to result in higher rates at a CB level too (so more money spent on your home loan and other debt). My advice would be to lay off any big purchases, live marginally more frugally. Realistically everyone should be contemplating the shift to full EV for the daily anyway. As time goes on (and I've said this elsewhere) it makes more and more sense. If you have a home solar setup then it's doubly so. Our next family car will 99.9999% be an EV at this point. We're in a fortunate spot that we're not shopping today - so we can see the longevity and depreciation on them in a few yrs. I'll be VERY keen to see what a 5/6yr old ev with a 30% depleted battery costs... As I've said elsewhere again, if it has 300km range and that degrates to 200km, that's still fine for 99.9% of our use cases!