Monthly Archives: June 2015

Mission Specific

There is a saying in the life insurance industry. If insurance were bought instead of sold the commission would be 2%. Life insurance commissions are upwards of 80% of the first years premium.

Cars are sold as well. People buy far more car than they need. I’m going to expand on this post in my blog www.imreallycheap.com.

If people bought cars like airlines decide what airplane to put on specific routes our cars could almost all be electric powered.

Why airlines don’t put 747’s on every route and why you don’t need a 200 mile battery capacity.

I hear many people complain or at least I used to, they hate flying on small airplanes. Extra seats on an airplane are expensive. Larger airplanes cost more money to buy and more money to operate. They require more fuel to go the same distance.

Extra seats in your car are no different. The larger the car the less gas milage and the higher it is to buy, operate and maintain.

Do you really need a car that has more than 4 seats or has a range of more than 80 miles?

If you actually tracked your driving habits and use the odds are pretty good you would be fine with a BEV, some of you would need a car like the Chevy Volt and a few more might need a Prius V or other hybrid. Most would find you really don’t need to own the car you have. You will find that the attachment is purely emotional.

Do you know that when you fly on a commercial airliner that they usually only carry enough fuel to get to their destination and then fly another 45 minutes to an hour. Carrying extra fuel is extra weight and extra weight burns more fuel to carry it. Add up all that extra fuel and the price tag adds up.

Many of you who have pick up trucks or big SUV’s could get by very well renting them the one or two times a month you need one. If you really want to own one you can offset the cost by renting it on RelayRides.Com or if you only need one occasionally you can be the renter.

How much does having more car than you need cost you? How much extra gas and maintenance? Depreciation? I’ll bet most of you have never figured it out. All most people look at is the monthly payment.

For most people cars are an expense. If you want to accumulate assets you need to reduce expenses. A car is one place you can actually do that.

Next time you buy or lease (usually a bad idea) sit down and figure out all the numbers. And I mean all the numbers. How you use it. Where you use it. All the costs of ownership. Don’t just look at it like a potential lover.

Look at it like your going to have to live with it for better or worse. All the flaws will become apparent very quickly. The less you have invested the easier it will be to walk away from if you can’t live with it. The cheaper it is the longer you will be able to live with it if you can’t afford to walk away.

 

 

What a difference 3 years can make.

One of the great things about the web is it’s really easy to find media reports from years gone by. That is unless it was you doing something in the past you want to forget about or worse want to deny so you can get elected to public office.

In this case I’m talking about a couple of episodes of AutolineNetwork (Click here to watch it) on youtube. This one from 2012 is trying to explain why the Chevy Volt is such a big disappointment. One guy is from the Wall Street Journal, another from a Conservative Think Tank and another who was an engineer on the EV-1 project now turned auto journalist.

Two of the guys are totally dissing the Volt. The other two have driven it and say how much they love it. Their only real issue they have with it is the price.

The WSJ guy and the Think Tank Guy have nothing good to say because all they see are political reasons to not like it. They don’t believe that the government has any business giving rebates and subsidies to help it along. They don’t believe it would exist without CAFE rules or CARB regulations. And while I might agree with the latter the former is reasons are just plain selective amnesia.

How many things do we have today because the Government took an interest in something. The internet didn’t just pop up in the mind of Bill Gates or Steve Jobs. The Interstate Highway System wasn’t the brain child of Ford or GM. The Cellular Network and even the TV Broadcasting Networks were only built because the Government gave certain Companies assurances of exclusive license to build those networks.

We have seat belts and more crashworthy cars because of Government intervention or that hated word regulation. Something that all of the guest somehow like. Maybe it’s not popular anymore to say your against saving lives. Yet they still rail against CAFE standards and CARB rules. It’s not popular to tell people they should drive cars that get good gas milage. Why?

There is another episode with Csaba Csere, the former Editor-in-Chief of Car & Driver magazine and Jim Hall of 2953 Analytics. In this episode they once again talk about how great the Volt is and the Tesla. When you boil it down their only objection is price. Yet by listening to them you would think GM and Tesla had adopted a Marxist Ideology doomed to fail only to fall to the one true economy. The really high horsepower ICE engine that gets 20MPG instead of 12MPG.

Now fast forward to just a couple of months ago. On this episode they have on one of the main engineers of the Gen 2 Chevy Volt. They don’t have a single bad thing to say about the car. You would think GM hit a home run. It has yet to sell but now the car guys are coming around. I have no doubts if they invite back the WSJ guy his only dislike will be the $7500 tax credit.

I have said it once before. The EV is going to follow the path of the cellphone. And oddly enough the company that invented the EV-1 only to scrap it back when we as a Country also scrapped solar panels (bad move) will be the company that actually made the car that starts mass adoption of Electric powered vehicles. Not Nissan or Tesla. Especially not Ford.

While Nissan has sold the most EV’s of any car maker it is still a niche player. You really have to accept some major limitations to drive a Leaf. Think Apple Watch Sport.

Tesla proved that if you spend enough money and make something nice enough you can find enough buyers to spark interest. Think Apple Watch Edition.

The Gen 2 Volt on the other hand can get 50 miles on a charge. That covers 90% of most suburban Americans. The car gan go 400 miles on a tank of regular gas. That cover the other 10%. The only obstacle is the car is a Chevy. One body style. One company with a past of making bad decisions. The Volt is not one of them.

Ford may get caught sleeping on this one. While they have several Hybrids and a couple of plugins they don’t really seem to be taking the market that seriously.

Even if you don’t buy an EV or a Range Extended Hybrid like the Volt there is something you can do to reduce our dependence on oil.

It’s something else that has been around since the 1970’s but the auto press and automakers  has taken this long to finally accept the reality and benefits. Synthetic Motor Oil. Go back over the years and you will find hundreds or articles on why synthetic oil was a waste or even detrimental to your cars health. Today with automakers having to get better gas milage and people owning cars longer and expecting more reliability from their cars those same automakers are putting synthetics in their higher priced cars at the factory.

They have finally been dragged into accepting reality. When you use synthetic motor oil your car gets better fuel economy, runs cooler, last longer and is actually cheaper since you can run it for up to a year in most cars.

Amsoil Signature Series Motor oil can be run for 25,000 miles or one year in many cars. To learn more about extended drain intervals and Amsoil click here.

Ford Focus Electric car after first 2500 miles

I bought the 2015 Focus in March. After rebates, less than 20k out the door.

I have not needed a quick charger and there are very few anyway. At least in AZ near me. Of the two closest one is always broken. So if you are considering a Leaf over a Focus because the Leaf has the QC then you should ask yourself if it’s really important or just a want.

Only one person has asked me what it’s like driving an electric car. They saw it plugged in on my driveway. The Focus is so not noticeable as an EV. I am going to have it advertise my Amsoil synthetic oil business with a full graphics kit. I doubt anybody will notice the irony. A car that needs no oil advertising oil. But since the only way to use less oil with a normal car is use synthetic oil then why not. Amsoil can reduce you oil changes to once a year or every 25,000 miles.

I am glad I did not buy the Leaf. Not that the Leaf isn’t a nice car. It’s just far more expensive for what you get compared to the Focus.

Many of you who haven’t read all my posts may not know I decided to buy a Mazda 6 instead of a Nissan Leaf before I bought the Ford EV.. Which I love by the way. 30 MPG average and well worth the 25k OTD. Although I bought the Mazda first and the Ford second that 7k I saved not buying the Leaf paid for more than 1/3 of the Ford.

When I got my Mazda home i then started to notice most of my trips were 12 miles or less and very few were more than 65 miles per day. In the 2600 miles and 3 months I have driven the Focus there have only been 2 occasions where I chose the Mazda by necessity (round trip over 90 miles. And even on those 2 days I probably could have used the FFE had I wanted to stop and charge for a bit. Probably less than an hour. And I do like driving the Mazda. It a really nice car. The other day someone got in an asked if it was a Tesla. Really.

Today is actually the first day I needed to charge to get home. Half hour of Level 2 was all it took and I had 9 miles left when I got home. I got caught by surprise. I got called into work. It’s 22 miles from my house to work. I had 40 miles of range as I had used the car to do some things earlier in the day. About 45 miles worth.

There are chargers at work. I would charge overnight and have a full battery the next day when I got back. When I got to work they had already found another pilot to fly my flight so it didn’t delay waiting for me.

I saw two things that I had never seen in the time I have owned it. On the way to work when I had a range of 24 miles showing it told me I had reached a point where I should go back home (I don’t remember the exact words). And on the way home when I got to 10 miles left the battery symbol turned amber and I got a low charge message. That was about 4 miles from home.

When I got home I had 9 miles left. The power of regenerating brakes and taking a stretch of road where the speed limit was 45 and not 55-65 for about 6 miles.

I guess I didn’t have to spend the half hour charging to get home from the airport and they had Blink Chargers there. I guess I spent a dollar for insurance.

If there were an abundance of quick chargers around where you could drive anywhere like Tesla Superchargers and had the range to get from one to the next I might find quick charge necessary. They would also have to be competitively priced. $9 for a charge is excessive. You can drive a ICE car like my Mazda for 90 miles on gas for that.

I guess the Nissan would let you charge at their QC for free with their NCTC program but with only one of the two local dealers with a working charger and that one behind gates for 12 hours a day it is not really convenient. The Blink QC at the mall is the only other QC anywhere near me. I have never seen anyone using it. They should put a Level 2 There.

So far 2 thumbs up or 5 stars for the Ford Focus Electric.