Oh, yes. We had that over here with zero down homes, and look where the housing market is now?
Bad idea. Unless, it's for the rich, who to begin with, don't need zero down.
The infrastructure for EVs should include recharge stations everywhere, and no more than a mile separation between the last and the next. Plus, for longer trips, free road service, with a guarantee of no more than an hour response time.
The biggest thing for any sales:: make them affordable, because, the down payment is no guarantee that people will continue paying for a high price item.
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Zero down wasn't the housing market issue
Posted by kevinrs1
9th Nov
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Zero down? Now, where have I heard that one before?
Posted by adornoe
8th Nov
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Zero down wasn't the housing market issue
The issue was giving loans to people who couldn't afford them, and things like balloon payments.
Now wit this, they are talking about buses and taxis. Also it's selling to people who are already in business making money transporting people, but maybe they don't have the cash on hand to change to a fleet of new vehicles. They aren't saying they are giving away no down-payment loans to anyone who walks in.
Whats the deal demanding recharge stations every mile? and free road service? there's nothing like that for gasoline vehicles. It's completely unnecessary for electric. You recharge your vehicle while you are sleeping, or maybe also at work if you have a long commute(or to save money) and they are less likely to break down, less moving parts, and less complicated than a gas vehicle. The vehicle is going to clearly tell you how many miles you have left, if the charge runs out a few miles after you pass a charging station it's your fault, more so than on a gas vehicle with a funky analog gauge that doesn't relate to reality very well.
Now wit this, they are talking about buses and taxis. Also it's selling to people who are already in business making money transporting people, but maybe they don't have the cash on hand to change to a fleet of new vehicles. They aren't saying they are giving away no down-payment loans to anyone who walks in.
Whats the deal demanding recharge stations every mile? and free road service? there's nothing like that for gasoline vehicles. It's completely unnecessary for electric. You recharge your vehicle while you are sleeping, or maybe also at work if you have a long commute(or to save money) and they are less likely to break down, less moving parts, and less complicated than a gas vehicle. The vehicle is going to clearly tell you how many miles you have left, if the charge runs out a few miles after you pass a charging station it's your fault, more so than on a gas vehicle with a funky analog gauge that doesn't relate to reality very well.
Posted by kevinrs1
9th Nov