Electric Vehicle Purchase , Yes or No?
12/03/23 • 59 min
Don’t be conned by the Electric Vehicle story
Hybrid or full, they have a battery
What are the limits?
What about trade values?
Charging takes time, lots of time
No charge? What to do
Fossil fuel taxes pay for roads, how will EV’s be taxed?
Crash safety is important?
Fire safety is paramount
We need the minerals that are not here
Find a power source
Electric fuel can cost as much as gas
Will the monopoly of electric sources raise the rates?
The cost difference in new electric vehicles is huge.
Maintenance happens on all vehicles
Battery versus tuning, $
Are electrics a planned obsolescence?
Who can fix them?
Resale is a guess but my bet? Poor
Poor resale makes them 40% more
Environmental facts vs exaggerations
Cost difference buys 15 years of fossil fuel
Don’t be conned by the Electric Vehicle story
Hybrid or full, they have a battery
What are the limits?
What about trade values?
Charging takes time, lots of time
No charge? What to do
Fossil fuel taxes pay for roads, how will EV’s be taxed?
Crash safety is important?
Fire safety is paramount
We need the minerals that are not here
Find a power source
Electric fuel can cost as much as gas
Will the monopoly of electric sources raise the rates?
The cost difference in new electric vehicles is huge.
Maintenance happens on all vehicles
Battery versus tuning, $
Are electrics a planned obsolescence?
Who can fix them?
Resale is a guess but my bet? Poor
Poor resale makes them 40% more
Environmental facts vs exaggerations
Cost difference buys 15 years of fossil fuel
Previous Episode
How to buy if you must hurry
What if you have limited time to make the purchase?
Distance on EV is still an issue if you use accessories
Most common models are $2000 more for Electric
Fire departments train for EV battery fires
Rush Rush Rush to buy
Consistency means resale
What was missed
Time well spent
Due diligence rush
Phone and Internet
Is one-price a choice?
One day, the whole day
Be assertive, not aggressive
Aftermarket exceptions
What slows you down?
Something is better than nothing
The basics of the basic
Next Episode
The dealership F&I hurdle
The dealership F&I hurdle
F&I to finish the deal
Tesla 2 million recall
Electric vehicles fires galore
Consumer report confirms electric vehicle issues
Price savings for 1 years of fuel
Current charging station additions be the fed....0
F&I profits are way up, what should you do?
When things are this crazy, if you can, wait
How to process F&I aka business office
Forced pitch from F&I, get up and leave
Business office and sales are separate
CPI to stop payment packing
Delivery after bank approval
Dealer finance reserve is the biggest profit potential for the finance office
Bank shopping pre dealer visit is paramount
No to everything can be as bad as yes, listen to the pitch
Geographic add-ons help resale
OEM add-ons
Always request the manufacturer of the vehicle’s extended warranty
F&I is shop-able for most products
Make add-ons part of the due diligence
Read all the numbers in your paperwork, especially the fed boxes
If you like this episode you’ll love
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