Which EV to Buy - Budget $60,000

Lozburgin on 03/08/2024 - 13:51
Last edited 03/08/2024 - 14:05 by 1 other user

Wanting to get an EV, about to get solar panels installed, so just think it makes a lot more sense than getting a new ICE vehicle.

Wanting a medium-sized SUV, space for kids' car seats and plenty of storage for trips away.

Planning to do some test drives shortly, at the moment just thinking either a Tesla Model Y, or BYD Atto. Keen to know what the OzBargainers think about these options, or if there are other EVs out there that are also worthy of consideration.

Budget is around the $50k-$60k mark, planning to buy it outright.

Automotive Electric Vehicle

Comments

  • boomramada on 03/08/2024 - 13:54

    Have you test drive any of them? Or go by the someone on the internet?

    • scud70 on 05/08/2024 - 14:33
      +4

      But how would test driving things, watching reviews and doing research start comment wars like below ? Takes all the fun out of it…

      • boomramada on 06/08/2024 - 21:39

        Yeah, even OP fell asleep lol

  • brendanm on 03/08/2024 - 13:56
    +10

    Buy a used one, prices seem to plummet, much better bang for buck.

      • netjock on 03/08/2024 - 16:39
        +5

        People love bad investments. It is hard wired in.

        • freefall101 on 03/08/2024 - 17:06
          +75

          Not everything in life needs to be considered an investment. The meal I'm head out for tonight is going to return $0, potentially a plumbing bill on top of it. I still consider it money well spent.

          • Nugs on 03/08/2024 - 18:55
            +8

            @freefall101: "potentially a plumbing bill"
            Start using public toilets?
            .

            • freefall101 on 03/08/2024 - 21:32
              +6

              @Nugs: Dunno, the spice level of the thai duck I had might count as attempted arson when it exits me again.

              At least it might have a return in that my heating bill will go down, pretty sure I'm a one man furnace right now.

            • boretentsu on 04/08/2024 - 08:22

              @Nugs: Save it for a weeknight then use the work toilets

          • netjock on 03/08/2024 - 20:04

            @freefall101:

            The meal I'm head out for tonight is going to return $0

            I'd suggest you skip it and bank the saving.

            You are paying for calories you otherwise would have eaten another way. It is just a substitute. Eating to be able to go and make money I don't think is a return of $0.

            • thrillhouse on 04/08/2024 - 09:57
              +5

              @netjock: This is an incredibly boring take. Learn to enjoy life some. At least a little. They just want a nice meal, not everything needs to make dollars and sense.

              • netjock on 04/08/2024 - 10:13

                @thrillhouse: Ask those pensioners who have jack all money in retirement and surviving on hand outs.

                It is an optimistic take. You can afford good food as sustenance to make a good income. To think it as $0 value is the incredibly bad take. Nothing is zero value how do you put value on it.

                I was talking to a Pizza shop owner who has an enterprise value of $2m+ and he basically said. Yeah I could make more with more people but I don't want the stress, pay the gov 47% tax, rather spend more time with the kids.

                • freefall101 on 04/08/2024 - 14:21
                  +9

                  @netjock: Did you explain to him that spending time with the kids is a bad investment?

                  • netjock on 04/08/2024 - 19:42
                    +1

                    @freefall101: I was the one who added "spending time with your kids is 100% where as making the extra $1 you pay 47c to the government" but you know geniuses like you know the value of everything but know the value of nothing.

                • serpserpserp on 05/08/2024 - 18:14

                  @netjock:

                  I was talking to a Pizza shop owner who has an enterprise value of $2m+

                  If the EV doesn't include the property he operates from, that is a pretty high value for a pizza only operation

          • oscargamer on 03/08/2024 - 23:21

            @freefall101: Nice curry?

            • freefall101 on 04/08/2024 - 19:57

              @oscargamer: Yeah, it really was. Weirdly, one of my favourite parts of the meal was the coleslaw though, super finely cut, heavy on citrus and green apple, I dunno how they made coleslaw actually taste good.

              12 hour confit duck salad though was chefs kiss. +1 would sacrifice investing the money and eating soylent again.

          • 0806449 on 05/08/2024 - 11:54

            @freefall101: Username checks out

        • scud70 on 05/08/2024 - 14:31

          Well everyone knows that EVs are like BMWs and are considered high yield assets …

      • King Tightarse on 03/08/2024 - 17:09
        +1

        I think this is the link https://www.carsales.com.au/editorial/details/12-new-chinese…

      • Euphemistic on 03/08/2024 - 17:22
        +4

        WARNING: Anyone buying an EV right now - new or used - will see enormous depreciation almost immediately and ongoing.

        Maybe now, but we are a few years behind Europe in EVs and their 2nd hand market is on the improve. It wont be long until buyer find out that used EVs are actually a pretty good deal.

          • Euphemistic on 04/08/2024 - 12:58
            +3

            @Ade99: That is not true. The warranty is 8 to 10 years. That doesnt mean they fail immediately the warranty expires, it just means it is out of warranty. Batteries are still having very usable capacity after 10 years. Nissan isnt getting enough material to run its battery recycling plant becauss batteries ade lasting much longer than expected.

          • LFO on 04/08/2024 - 19:40
            +2

            @Ade99:

            At present EV's have a life of 8 years (or what ever battery warranty is supplied by the manufacturer)

            Batteries don't just vanish in thin air at the end of the 8th year … battery capacity will perhaps be reduced but will still hold charge and drive around.

            An old ICE will still run, even out of warranty and needing oil every 1,000Km.

            That 8 years sound like FUD, really.

            • CocaKoala on 05/08/2024 - 20:54

              @LFO:

              An old ICE will still run, even out of warranty and needing oil every 1,000Km.

              An internal combustion engine car will need oil every 1000 KMS after 8 years?! What arrant nonsense! 🤣

              Tell that to my 2016 Genesis with 100000 on the odo. Or my 2008 isf that just refuses to die after nearly 260,000 KMS just following regular maintenance.

              • LFO on 06/08/2024 - 10:18

                @CocaKoala: You missed the irony of my post.

                The FUD out there is that after 8 years the EV battery will be just gone … in a puff of air …

                I brought the example of old ICE, out of warranty, even if needs oil will still run virtually forever. And ever …
                Yours seems to be a very good real life example :-]

          • lunartemis on 05/08/2024 - 19:58

            @Ade99: Battery will most likely outlive the car itself. You probabky think the battery in EVs are same quality as the ones in mobile phones and laptops..

            • PerthectDeal on 15/09/2024 - 16:05
              +1

              @lunartemis: Heat kills batteries like when your mobile phone get hot every time charging. Battery management in EVs keep the battery an optimal temperature if high speed charging or sitting outside for weeks. As well are newer battery technology, this is why EV batteries will outlast the life of the car.

        • Viper8 on 05/08/2024 - 13:27
          +2

          UK is in Europe.
          https://www.youtube.com/watch?v=eGS34ENu4S4
          The video title isn't click-bait.
          All of the hybrid and ICE equivalents have fared much better than the EV models.

          Increased competition from China, falling battery prices, the new EV market switching from lack of supply to excess supply, etc. is constantly reducing new car prices (multiple price drops per year), which in turn erodes residual value in existing EV's.

          Bringing it back home to Aus, lots of EV's are rolling off of FBT-exempt novated leases now which are flooding the market with excess supply. Furthermore, few people purchase used cars on novated leases, so the tax exemption perk is lost, raising the realised ownership costs, decreasing interest in used EV's. So more used supply, less demand (relative to new), resulting in faster than typical depreciation.

          Combine the two phenomenon and you can see why used EV's plummet in value, particularly in Aus.

          • Euphemistic on 05/08/2024 - 16:05

            @Viper8:

            Bringing it back home to Aus, lots of EV's are rolling off of FBT-exempt novated leases now which are flooding the market with excess supply.

            With the low numbers of EVs bought and coming off lease, its not exactly excess supply. Theres also the fact that there really isnt a large range of EVs to choose from. Its basically small-mid hatch or sedan, so if you need spmething different there are no options.

            The EV market in Aus is still very young. Nothing has settled yet. Another factor killing sales is cost of living pressures. Not a lot of spare cash for new(ish) cars.

          • serpserpserp on 05/08/2024 - 18:17

            @Viper8: No one is buying the old EVs tho. But prices are not plummeting

      • changyang1230 on 03/08/2024 - 18:17
        +8

        While the EV depreciation that had taken place in the last 12-24 months were definitely financially detrimental for people who bought earlier (call it the early adopter premium if you would), I disagree with your conclusion that the depreciation is an ongoing phenomenon and will affect buyer today as much as buyers who bought in say Jan 2022.

        What evidence do you have that EV's price drop (result of competition and scale of economy) will continue, and when do you think they will stop doing so? Or are you just extrapolating from the last 12 months into the next 12, 24, 36 months etc, even when EV price reaches parity with ICE price, and even when EV battery performance is proving to be much better than what the FUD suggests?

        There's also phenomenon behind the EV price drop namely the novated lease discount effect. People who get new (or new new i.e. after July 2022) can fund it with pretax money which makes their effective cost much lower, this is thought to be another driver behind the supposed rapid depreciation. Therefore people would rather pay just a touch more effectively to get a newer car than to get a car from Jan 2022. This phenomenon however will slowly dilute as more used EVs are available for novated lease, therefore reducing the comparative advantage of getting a new EV.

      • May4th on 05/08/2024 - 11:09
        +3

        valid points but overblown. newsflash: a 60k car will depreciate significantly the moment you take it out of the dealership no matter what you buy EV or not, with EV at least you will get some tax benefit if NL

    • derrida derider on 05/08/2024 - 16:18
      +7

      Can't understand this line about "Don't buy an EV because new EV prices are crashing so depreciation will be terrible". If EV prices keep crashing, who the hell is going to buy an ICE family SUV? So the price of them will crash too, so they suffer at least as much depreciation.

      IOW it is just saying that buying ANY family car new is currently a bad investment. But you don't buy a car as an investment - you buy it for its usefulness (ie for consumption of a service). And EVs cost so much less to run and are so innately reliable (MG now offers a 10 year unlimited km warranty) that the TCO of Chinese EVs here is already way less than buying a Toyota.

      Mind you, buying new has always made less economic sense than buying late model used - that hasn't changed. You buy new for other reasons.

      • brendanm on 05/08/2024 - 16:41
        +1

        Did you even read what I said? I said to buy a used one, never said not to get one.

      • FlexBargain on 06/08/2024 - 09:16

        MG now offers a 10 year unlimited km warranty

        Worth considering what any 'warranty' actually looks like. There have been threads on here regarding MG warranty issues from the wait time for basic parts as an example, a replacement front bumper might require 6 months wait as the manufacturer may not have the parts on hand locally, requiring joining the que for the part to come from China.

        That may be less of an issue if you are insured having needed the part due to a crash and are able to access a hire car, but then suffer a dispute from said insurer on the 'reasonableness' of paying for 6 months of car hire vs writing the vehicle off and impacts on other financial aspects from there.

        Worth any potential buyer looking into the behaviour and ability of the manufacturer when weighing up things like long term warranty back up.

        Not all brands approach to warranty are the same, if you have to put energy into pursuing it extensively or the offered solutions just are not that beneficial/take a lot longer than other brands.

        • Hangryuman on 06/08/2024 - 17:16
          +1

          yair I saw that too - Chinese cars may offer a great warranty, but sales failures in China can create difficulty and long delays in sourcing parts from China if, e.g. they stopped making them because - y'now - move fast and break things … competitive business over there.

          someone recommended an MG to me as best value - so I googled and read it was about the least safe in a crash - IOY most likely to kill you - apart from that - relatively cheap ! ;-)

          • FlexBargain on 06/08/2024 - 19:10

            @Hangryuman: Yep, person at work rented the MG3 or some model like like. Said it nearly couldn't make it up a hill and turned and slowed down like a boat.

            But cheap is right!

            • derrida derider on 08/08/2024 - 19:20

              @FlexBargain: ICE MG3 is the cheapest car on the market, and by some margin. It is also an extremely old model and, yes, the most underpowered car you can currently buy.

              Yep, its crap. That doesn't mean all MGs are crap. Given the rate at which Chinese cars have improved in the >10 years since the MG3 was first sold I don't think it is a guide to their new EVs at all.

              As for honouring warranties that comes down far more to the importer and dealer network than the manufacturer; if you are worried about that then that is what you should look into. If these are up to scratch parts availability should be no problem for a car sold in truly massive numbers worldwide. It aint an exotic euro sports car.

  • oscargamer on 03/08/2024 - 14:24
    +3

    Given you have car seats, you MUST physically for with them and try them in any car you are seriously looking at. And if you use a lean 8, you need to test the boot also for size.

    • skittlebrau on 05/08/2024 - 11:50
      +1

      No idea why you’re being downvoted.

      If it was just one car seat then there’d be no need, but for more than one, you would need to test it out. You can always buy new seats that have a slimmer profile though.

      • oscargamer on 05/08/2024 - 12:37
        +3

        Maybe my grammatical errors….

        Lean 8 was meant to read pram…

  • changyang1230 on 03/08/2024 - 14:40

    Any particular reason that novated lease is not part of your consideration?

    When considered with the “cost of cash” ie how much interest you save by not spending cash from home loan offset account (or other income generating cash account), for many the NL option will come out cheaper than buying outright.

    If employment stability is a concern; even one year of novated lease (that reduces the risk of financial loss in case of redundancy) would still save some thousands.

    • caitsith01 on 05/08/2024 - 13:58
      +3

      Novated leases only work in a fairly narrow set of circumstances - depends on your employer, the nature of your employment, not being a sole trader, etc.

      • derrida derider on 05/08/2024 - 16:27
        +1

        Not so for EVs - the FBT exemption makes a big difference. Novated leases for EVs now work for an awful lot of people - but you do have to choose the lease firm properly (a few of them price gouge unbelievably - the ACCC really should crack down) and do your sums. They get rich on people who can't use a spreadsheet.

        • caitsith01 on 05/08/2024 - 17:18
          +1

          I'm sure they "work" for people, but they aren't available to a lot of people, either because an employer doesn't offer them or the person isn't in an employee relationship where it's an option.

        • xavster on 06/08/2024 - 21:15

          agreed, some of the novated leasing companies interest rates are eye watering and pretty much cancels out all the savings… to the point where it doesn't even make sense to do it.

    • j0hnny on 05/08/2024 - 21:07

      I've been wondering if novated leasing is worth it for EVs, given that the main running cost covered by a NL (fuel) is not in the picture. How does stack up in terms of savings?

      • changyang1230 on 05/08/2024 - 21:57
        +6

        NL for EV is a much, much, much better deal than ICE.

        I happen to have written quite obsessively in this area so feel free to read about it and a handy calculator that describes how much, why and how you save.

        https://www.reddit.com/r/AusFinance/s/VHJ25VpNKu

        • pointblank on 06/08/2024 - 12:24
          +1

          Wow, that spreadsheet is amazing!!
          Thanks heaps.

      • drprox on 06/08/2024 - 05:26

        In simple terms there is no FBT and all running costs are paid pre tax including loan repayments. If you have a mortgage and pay (for eg) a marginal 30+% tax they work vs paying cash for a car.

        • knasty on 06/08/2024 - 10:21
          +1

          The biggest running cost is actually depreciation. Given this comes from pre tax income in a NL, that's where your biggest benefit comes from.

  • User889344 on 03/08/2024 - 15:04
    +8

    As someone above suggested, test drive.

    I have a Tesla and have been open to various EVs. However, when I had an accident and it went into repairs, I was given a Polestar as a hire car. Hated it. That was just my personal preference though as I preferred the handling, internal and external look/feel and zippiness of the Tesla but you might feel differently. My boss has the same Tesla I do and when he had his in the body shop for repairs after an accident too, he said he was given a Polestar too and liked it actually more than the Tesla.

    Each to their own so I'd suggest you get out and do some test drives

    • boomramada on 04/08/2024 - 13:58
      +1

      It is a personal thing, I preferred Volvo compared to Tesla, which is almos similar to Polestar.

  • Nugs on 03/08/2024 - 15:57
    +2

    "about to get solar panels installed, so just think it makes a lot more sense"
    what size system?
    .

  • Brick Tamland on 03/08/2024 - 17:36
    +2

    Renault Megane E-tech $60K drive away.

  • pegaxs on 03/08/2024 - 21:31
    +17

    “No one wants EV’s…. Demand is falling…” meanwhile, every second post here seems to be “what EV should I buy.”

    • boomramada on 03/08/2024 - 22:19
      +3

      Imagine asking, should I buy a Ford Ranger or Toyota Hilux in this (Camry/Tesla/BYD) forum? 😅 This forum doesn't represent actual market.

      But according to read data, EV down across the range. Ford Ranger, Hilux and Rav4 up 20%+.

      • Brick Tamland on 04/08/2024 - 09:35
        +5

        They're probably intelligent enough to do their own research and buy what suits them. I imagine the typical SUV buyer doesn't even know what SUV stands for.

      • derrida derider on 05/08/2024 - 16:39
        +1

        "according to real data, EV down across the range."
        You've been reading too many motoring "journalists" in the pay of Ford and Toyota - that is a straight untruth.

        It is true in the US but that is what happens when you put a 100% tariff on the most affordable models (ie from China). But EV market share is still rising in most countries, including Australia. Anyway, in the two biggest car markets of China and the US sales of ICE cars have also fallen because they are sliding in to a recession.

        • boomramada on 05/08/2024 - 19:02
          +1

          You are funny, I was referring to VFACTS.
          According to that, hybrid doing great, EV nose dive and Ford Ranger or Toyota Hilux still the top selling models. Toyota coming back, this is due to their hybrid models. I'm not a expert but that's what real data tells.

    • cloudy on 05/08/2024 - 07:39

      Too bad not every second car sold is an EV though, clearly EV buyers are more interested in internet opinions in their car purchases.

  • WhyAmICommenting on 03/08/2024 - 21:34
    +6

    Byd seal

    • TheElderLegend on 05/08/2024 - 11:56
      +2

      As a BYD Seal owner myself, I definitely recommend it as a great car, however it’s a sedan, so wouldn’t meet OP’s requirements.

      Definitely check out the BYD Atto 3, and look out for the larger BYD Sealion 7 coming later this year. As others have mentioned, you best bet is to test drive these as well as the Model Y, only you know what’s right for you. Look in to a novated lease if you’re eligible as there’s potential additonal tax savings to be made!

      • ATangk on 05/08/2024 - 12:30
        +1

        Atto 3 now comes with better tyres and wireless carplay, to fill in some of the shortcomings of the OG model.

        • Ryanek on 06/08/2024 - 09:11

          It's a shame the Atto 3 interior looks like you've been swallowed by a Titan

          • ATangk on 06/08/2024 - 11:22

            @Ryanek: Its love/hate but I love that its not boring and you really spend more time looking outside than at the seat you're sitting on…

      • Viper8 on 05/08/2024 - 13:43
        +2

        The trouble with the Atto 3 and Sealion 6 is they have comparatively small boots at 440 L and 425 L respectively. Many medium-sized SUV's have >500 L, for example the Toyota Rav4 (542 L) and VW Tiguan (652 L). So, these don't meet the requirement for "…plenty of storage for trips away."

        Apparently the Sealion 7 will have 558 L. But then it's really competing in the large SUV segment, where >600 L is the norm. For example, the shorter Toyota Fortuner (716 L) and Tesla Model Y (845 L).

        • hothed on 07/08/2024 - 08:51

          The lack of boot space is what is holding me back with an EV. Theyre just not big enough(bar Kia EV9, but i dont have 130k to drop on a new car).

          I have a Mazda 6 wagon, with 2x kids in car seats and pram. Plus a couple of doggos if we are going away. It's regularly packed to the roof!

        • smoothymcmellow on 09/08/2024 - 09:23

          Tesla use a completely different model for how they measure the boot, it's really misleading. There are videos on it

          • yoyobananas on 26/08/2024 - 18:41

            @smoothymcmellow: True dat. They measure to the roof. Rav4 and Tiguan measure to the cover shade height yeh?

      • smoothymcmellow on 09/08/2024 - 09:21

        I also have a Seal, it's a big car with loads of space inside. The boot is big, just no height. So far i havent needed any bigger boot but if you have 3 kids and prams, maybe

  • billdsl on 04/08/2024 - 07:57

    As someone mentioned, check out novated lease if thats an option and depending on your tax bracket, makes it a much better financial choice with the current no FBT leases.

    I have 3 late teen children and we didnt actually see many alternatives to the Model Y for size, I would have been happy with a BYD Seal but they arent exactly family friendly and that was really all that was around

    Recently bought a Tesla myself and enjoy it a lot, my Ford Ranger was just out of warranty and looked like it was going to be an unreliable huge problem so glad i made the switch

    The back seat in the Model Y has more space than the ranger FYI so they arent a small car

    With the current EV electricity plans it costs about $5 a week to charge depending on how many k's you do, so solar panels are great but unless you are home during the day and its a large system they may not actually help to charge much

    • Jackson on 05/08/2024 - 11:39

      Sorry to hear about your children, they didn't go in an EV fire did they? /s

      True about the model Y, I didn't want to spend up on a new tesla and the atto 3 while cheaper is smaller. In the end I managed to get a BYD e6 and while it's no performance vehicle and lacks many modern features e.g. ADAS, all I want is a big car with a long range and an LFP battery and I got it for a song. Would have liked 2 way charging but it's not that big a deal atm.

      and yes $5/week but less if you have solar or you find a free charger locally, not to mentioed much lower service fees and wasted time. Just depends on your situation

  • Geoffreys on 04/08/2024 - 09:04
    +8

    Great time to buy, lots more choice than a few years back.

    I would still buy the Tesla Y over BYD Atto3. They’re both good cars but the overall experience with Tesla is still better. You also have access to the whole Tesla supercharger network, plus all public EV chargers. Trust me it matters. Maybe in a few more years teslas will be 100% public but for now it’s only a reduced set.

    The driving experience is better in the Y as well. Especially the driver assistance things like auto-driving, safety systems. The Atto3 has this annoying issue where its collision alert sensors often go off for no reason on corners. Not that Tesla’s never do that but it’s much less.

    And sorry last thing, Tesla really do keep adding features by software to the car for free. Stuff they added since we bought that just “appears” wirelessly are matrix headlights, Apple/youtube/spotify, vision-based 3d model of stuff around you when parking, auto park, etc etc.

    • jaypeee on 06/08/2024 - 09:19

      Just to balance this statement:

      The attos have recently had a free update too, which improved the lane sensor thing, and added wireless CarPlay.

      I’ve also found zero need to access public chargers.

      :-)

  • Rally Dave on 04/08/2024 - 09:07
    +2

    2024 Hyundai Kona is nice and a lot roomier than the 23 model. More aligned as a conventional car such as if you like buttons and not relying on a screen and menus. If you could find a second hand Kia Niro would be a reasonable option. Both comparable in size with the Atto with better range, features and quality. Also not Chinese if that is a factor to you.

  • archmage on 04/08/2024 - 09:49
    +1

    There are 3 choices for SUV EVs:
    - xpeng g6
    - Byd sea lion 07
    - Tesla model y juniper
    - zeekr X (compact suv)
    These new EVs should be launching this year.

  • James tee on 04/08/2024 - 17:05
    +5

    I just bought a V8 :)

    • Nugs on 04/08/2024 - 17:14

      One of life's simple pleasures
      Might have to change username to James vee
      .

    • 0806449 on 05/08/2024 - 11:58

      Investment

    • BlahBlahBlaah on 05/08/2024 - 22:37
      -1

      I owned 2x NA V8s, then a Supercharged V8, now a Twin Tyrbo V6, but oh I miss a V8, might have to ger back in one while I can. Life's too short to cruise around in silence, and I care too much for the environment to buy an EV,

      • Euphemistic on 06/08/2024 - 05:15
        +1

        I care too much for the environment to buy an EV,

        Say what?

        • miicah on 06/08/2024 - 10:30
          +3

          Probably the same BS about how it takes X amount of power to mine cobalt or some 10 year old fossil fuel lobby talking point.

          • Euphemistic on 06/08/2024 - 10:41

            @miicah: Probably. Dont realise that the embodied energy in an electric car is surpassed by an ICE after as little as 9 months of driving. Of course it depends on electricity source and kms driven, but average kms and a percentage of coal, the ICE surpasses emssions from building a new EV after quite a short time.

          • BlahBlahBlaah on 06/08/2024 - 19:38
            -3

            @miicah: Ignoring facts doesn't make them untrue. I bet you also think Albo is a great Prime Minister too

            • filmer on 07/08/2024 - 09:27

              @BlahBlahBlaah: It 100% depends on the source of electricity used for charging the EV. The larger number you might be thinking of ( I believe 8 years of normal driving ) is based on using fossil fuels. If it's coming from green sources it is closer to a year.

  • infringement payer on 04/08/2024 - 20:57
    +1

    EV5 if you can wait, though unsure of pricing.

    • pegaxs on 05/08/2024 - 09:28
      +4

      I've got a feeling that this is going to be expensive if any of their other models are to be considered as ballpark for pricing. I am going to call it now that this is going to be priced right up around the top Model Y price. They will not be here to compete with BYD/MG/Zeekr/GWM/etc… They will position it as a "premium" offering and slap a "premium" price tag on it. I wouldn't be surprised if it comes in at over $70k drive away.

      • bobz79 on 05/08/2024 - 22:22

        KIA/Hyundai is dreaming and pretending to be a "premium" brand :-)

        That may work in US where Chinese EVs aren't available, but in Australia they will struggle to sell!

  • ncm on 04/08/2024 - 22:39
    +2

    Tesla Model Y

    • Jackson on 05/08/2024 - 11:41

      second hand even better

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