Contrary to the claims of left-wing media programming, electric vehicles (EVs) are not worth the money, especially compared to gas-powered cars that hold their value at twice the rate.
Put another way, EVs depreciate in value at twice the rate of gas-powered cars, this according to a new study based on data from ChooseMyCar.com. Researchers found that EVs depreciate at double the rate of gas-powered cars, making them an expensive and really bad investment over the longer term.
On average, EVs lost 51 percent of their purchase value in the three-year period of time between 2020 and 2023. Comparatively, gas-powered cars during that same time period lost 37 percent of their value, on average.
The study also found that the higher the original purchase price of the car, the greater the loss in value. One of the worst offenders is the Tesla Model S, an overpriced heap of mostly cheap plastic that the study found loses nearly $32,000 in value in just three years.
Entry-level EVs such as the Nissan Leaf are not much better. In fact, percentage-wise, the Nissan Leaf is even worse than the Tesla Model S in terms of depreciation, losing a whopping 58 percent of its value in just three years.
(Related: If everything shifts to electric like the leftists have planned, there will never be enough electricity available for everyone.)
Increasingly more Americans are just saying NO to EVs – they’re just not worth it
As trendy as they might be in places like California and New York, EVs are actually not all that popular among most Americans. In fact, there is decreasing interest in EVs the more time that passes, even though they are being branded as the cars of the future.
According to a new J.D. Power survey, the ratio of U.S. car shoppers uninterested in buying any type of EV is increasing.
“Top-line metrics on overall EV market share, availability and affordability have been on a long-term upward trend,” J.D. Power said in a statement.
“… but beneath those headline numbers we are starting to see some consumer behaviors that suggest a possible bifurcation of the automotive marketplace.”
The percentage of car shoppers that is “very unlikely” to consider purchasing an EV in the next 12 months reached 21 percent in March, up 2 percent from 19 percent the month prior. According to J.D. Power, this is the highest “very unlikely” response to EVs the group has ever seen.
The biggest reasons why increasingly more American consumers want nothing to do with EVs has to do with price and charging. Not only are the cars themselves obscenely expensive, but electricity costs are increasing as well, not to mention the time it takes to recharge an EV.
Millions of Americans can see the writing on the wall that the grid simply cannot handle the load of everyone charging their EVs daily, all at once. The grid will fail over time, and who wants to get stuck or stranded in an EV with no way to charge it, particularly in the event of a power outage?
Of those who responded to the J.D. Power survey indicating that they are either “very unlikely” or “somewhat unlikely” to purchase an EV, 49 percent cited “lack of charging station availability” and “purchase price” as the two biggest reasons for choosing a gas-powered car instead.
“Limited driving distance per charge” and “time required to charge” were also frequently cited, with 43 percent and 41 percent of respondents, respectively, listing these as two additional major factors in their decision to forego even considering an EV purchase.
More of the latest news about the EV scam can be found at GreenTyranny.news.
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Five Things New “Preppers” Forget When Getting Ready for Bad Times Ahead
The preparedness community is growing faster than it has in decades. Even during peak times such as Y2K, the economic downturn of 2008, and Covid, the vast majority of Americans made sure they had plenty of toilet paper but didn’t really stockpile anything else.
Things have changed. There’s a growing anxiety in this presidential election year that has prompted more Americans to get prepared for crazy events in the future. Some of it is being driven by fearmongers, but there are valid concerns with the economy, food supply, pharmaceuticals, the energy grid, and mass rioting that have pushed average Americans into “prepper” mode.
There are degrees of preparedness. One does not have to be a full-blown “doomsday prepper” living off-grid in a secure Montana bunker in order to be ahead of the curve. In many ways, preparedness isn’t about being able to perfectly handle every conceivable situation. It’s about being less dependent on government for as long as possible. Those who have proper “preps” will not be waiting for FEMA to distribute emergency supplies to the desperate masses.
Below are five things people new to preparedness (and sometimes even those with experience) often forget as they get ready. All five are common sense notions that do not rely on doomsday in order to be useful. It may be nice to own a tank during the apocalypse but there’s not much you can do with it until things get really crazy. The recommendations below can have places in the lives of average Americans whether doomsday comes or not.
Note: The information provided by this publication or any related communications is for informational purposes only and should not be considered as financial advice. We do not provide personalized investment, financial, or legal advice.
Secured Wealth
Whether in the bank or held in a retirement account, most Americans feel that their life’s savings is relatively secure. At least they did until the last couple of years when de-banking, geopolitical turmoil, and the threat of Central Bank Digital Currencies reared their ugly heads.
It behooves Americans to diversify their holdings. If there’s a triggering event or series of events that cripple the financial systems or devalue the U.S. Dollar, wealth can evaporate quickly. To hedge against potential turmoil, many Americans are looking in two directions: Crypto and physical precious metals.
There are huge advantages to cryptocurrencies, but there are also inherent risks because “virtual” money can become challenging to spend. Add in the push by central banks and governments to regulate or even replace cryptocurrencies with their own versions they control and the risks amplify. There’s nothing wrong with cryptocurrencies today but things can change rapidly.
As for physical precious metals, many Americans pay cash to keep plenty on hand in their safe. Rolling over or transferring retirement accounts into self-directed IRAs is also a popular option, but there are caveats. It can often take weeks or even months to get the gold and silver shipped if the owner chooses to close their account. This is why Genesis Gold Group stands out. Their relationship with the depositories allows for rapid closure and shipping, often in less than 10 days from the time the account holder makes their move. This can come in handy if things appear to be heading south.
Lots of Potable Water
One of the biggest shocks that hit new preppers is understanding how much potable water they need in order to survive. Experts claim one gallon of water per person per day is necessary. Even the most conservative estimates put it at over half-a-gallon. That means that for a family of four, they’ll need around 120 gallons of water to survive for a month if the taps turn off and the stores empty out.
Being near a fresh water source, whether it’s a river, lake, or well, is a best practice among experienced preppers. It’s necessary to have a water filter as well, even if the taps are still working. Many refuse to drink tap water even when there is no emergency. Berkey was our previous favorite but they’re under attack from regulators so the Alexapure systems are solid replacements.
For those in the city or away from fresh water sources, storage is the best option. This can be challenging because proper water storage containers take up a lot of room and are difficult to move if the need arises. For “bug in” situations, having a larger container that stores hundreds or even thousands of gallons is better than stacking 1-5 gallon containers. Unfortunately, they won’t be easily transportable and they can cost a lot to install.
Water is critical. If chaos erupts and water infrastructure is compromised, having a large backup supply can be lifesaving.
Pharmaceuticals and Medical Supplies
There are multiple threats specific to the medical supply chain. With Chinese and Indian imports accounting for over 90% of pharmaceutical ingredients in the United States, deteriorating relations could make it impossible to get the medicines and antibiotics many of us need.
Stocking up many prescription medications can be hard. Doctors generally do not like to prescribe large batches of drugs even if they are shelf-stable for extended periods of time. It is a best practice to ask your doctor if they can prescribe a larger amount. Today, some are sympathetic to concerns about pharmacies running out or becoming inaccessible. Tell them your concerns. It’s worth a shot. The worst they can do is say no.
If your doctor is unwilling to help you stock up on medicines, then Jase Medical is a good alternative. Through telehealth, they can prescribe daily meds or antibiotics that are shipped to your door. As proponents of medical freedom, they empathize with those who want to have enough medical supplies on hand in case things go wrong.
Energy Sources
The vast majority of Americans are locked into the grid. This has proven to be a massive liability when the grid goes down. Unfortunately, there are no inexpensive remedies.
Those living off-grid had to either spend a lot of money or effort (or both) to get their alternative energy sources like solar set up. For those who do not want to go so far, it’s still a best practice to have backup power sources. Diesel generators and portable solar panels are the two most popular, and while they’re not inexpensive they are not out of reach of most Americans who are concerned about being without power for extended periods of time.
Natural gas is another necessity for many, but that’s far more challenging to replace. Having alternatives for heating and cooking that can be powered if gas and electric grids go down is important. Have a backup for items that require power such as manual can openers. If you’re stuck eating canned foods for a while and all you have is an electric opener, you’ll have problems.
Don’t Forget the Protein
When most think about “prepping,” they think about their food supply. More Americans are turning to gardening and homesteading as ways to produce their own food. Others are working with local farmers and ranchers to purchase directly from the sources. This is a good idea whether doomsday comes or not, but it’s particularly important if the food supply chain is broken.
Most grocery stores have about one to two weeks worth of food, as do most American households. Grocers rely heavily on truckers to receive their ongoing shipments. In a crisis, the current process can fail. It behooves Americans for multiple reasons to localize their food purchases as much as possible.
Long-term storage is another popular option. Canned foods, MREs, and freeze dried meals are selling out quickly even as prices rise. But one component that is conspicuously absent in shelf-stable food is high-quality protein. Most survival food companies offer low quality “protein buckets” or cans of meat, but they are often barely edible.
Prepper All-Naturals offers premium cuts of steak that have been cooked sous vide and freeze dried to give them a 25-year shelf life. They offer Ribeye, NY Strip, and Tenderloin among others.
Having buckets of beans and rice is a good start, but keeping a solid supply of high-quality protein isn’t just healthier. It can help a family maintain normalcy through crises.
Prepare Without Fear
With all the challenges we face as Americans today, it can be emotionally draining. Citizens are scared and there’s nothing irrational about their concerns. Being prepared and making lifestyle changes to secure necessities can go a long way toward overcoming the fears that plague us. We should hope and pray for the best but prepare for the worst. And if the worst does come, then knowing we did what we could to be ready for it will help us face those challenges with confidence.
The entire concept is bizarre and conspiritorial: if Rare Earth metals are a scarce or limited resource (or at least we are told that) then why would anyone wish to deplete them on EVs and self–driving EVs and electric/Wi–Fi scooters and bikes —- PURE INSANITY!?
Unless the plan IS TO DEPLETE THEM —– shrinking the national power grid while adding EVs en masse to the mix is obvious pure insanity —– further evidence of the dumbing down of America!!!
Sometimes a remembered detail clicks and awareness happens: recalled that years ago I went to senior library people and questioned why the discontinuance of certain excellent library research tools (example: the Directory of Directories, etc.) which greatly aided library research but was met with vacant stares —- they had no idea and were clueless —- and strangely disinterested?!
IN RETROSPECT, have since learned that was when George SOROS began his donations and grants to the American Library Association and similar organizations!
We arw being assaulted on all levels from all sides!!!