Tapping out as well, goodbye Rivian...

[NY_Rob]

Tesla does not allow purchasing a lease, but you can still payoff the lease term just the same.

That may change now that Elon has announced his "CyberTaxi" vehicle.
The original plan was to use lease returned Model 3's and Model Y's for his robo-taxi fleet, but it seems that's not the plan any longer, they will have a new dedicated vehicle just for the robo-taxi fleet. I would not be at all surprised if they pivot and allow lessees to purchase their vehicles outright soon.

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[R1Tom]

You can sell a leased vehicle. I could sell this tomorrow 4 months into the lease. Rivian would give me a payoff on it.

Tesla does not allow purchasing a lease, but you can still payoff the lease term just the same.

I would lease to get an incentive....and buy out immediately. I get it....I am not anti-lease. Just not for me.

My point was Rivians depreciate alot more than Jeep Wranglers and people have been commenting the opposite. I own both....and know Wranglers retain a very high level of value. Rivians....not so much.

I am OK with it.....because the Rivian is such a game changer....just taking issue with those suggesting that Wranglers depreciate alot.

 

[MXA121]

At 2k miles per year, you will be looking at the vehicle more than driving it, so it doesn't really matter what you choose, enjoy it!

I spent a good 400 miles in a newer Jeep GC 4XE and I could not come to terms with the clunky drivetrain. Sometimes electric, sometimes gas (depending on how you press the pedal), weird Regen on top of brakes made it difficult to be smooth at a stop, engine firing up and shutting off all the time, not smoothly, infotainment was totally reliant on phone connection and had some bugs, BUT it had a lot of range.

 

[Wispitgood]

Just wanted to mention I traded in my R1T for a Wrangler 4xe Rubicon yesterday.
The Jeep 4xe has about a 30 mile all battery (17kWh pack) range and a 340mi ICE range. It's got 375 horsepower and 470 pound-feet of torque with actual real lockers front and rear. That 30 mil battery range should suite me fine for probably 95% off my driving (I work from home). The dealer gave me $60K on the Rivian trade-in which in NY goes 100% to the pre-tax value of the new vehicle, so I actually will end up about $1,900 ahead once I file my taxes and get the $3,750 Fed tax credit early next year.

Jeep is trying to clear out 2024 models right now, so they have crazy incentives. The Rubicon was $71K, but with incentives it knocked $10K off so it was $61K before the $3,750 fed tax credit.

When trading it in, I forgot to give them the camp speaker as I replaced it with a draw a couple months back, I also forgot to give them the bag for the tonneau cover panels, I kept the NACS-J1772 adapter I just received two weeks ago, and I also kept the wristband because that did not come with my R1T. I guess I'll sell the NACS adapter as the Jeep only has level 2 charging.

I was a pre March price increase customer, after the fed tax credit I took in 2023, my R1T cost $68K, I had it for almost two full years and got $60K for it on the trade in, I consider that pretty decent.

Old ride meet new ride....

You can keep the Jeep, had a non-EV one and quality sucked for me. Good for off road enthusiasts perhaps.

Here are a few common complaints with the EV model.

Battery Issues: Some owners have reported problems with the battery, including unexpected discharges, limited range in cold weather, and charging system errors.

Engine Stalling: There have been instances of the engine stalling, particularly when switching between electric and gas modes.

Transmission Problems: Some drivers have experienced transmission issues, such as delayed shifting or rough gear changes.

Software Glitches: Like many modern vehicles, the Wrangler 4xe has encountered software glitches, leading to various problems such as infotainment system crashes or unexpected feature malfunctions.

Limited Electric Range: While the 4xe offers a decent electric range, it may not be sufficient for long-distance commutes or those who rely heavily on electric power.

Higher Cost: The Wrangler 4xe typically has a high price tag for what advantages it has compared to other EVs. Lack of sales has lowered price, so they question would be why lack.of.sales? My belief is simple, a high perce Tage of Jeep owners participate in Jeep events across the country where a tough track might keep anti-EV alive and well in their minds.

Also, Jeeps currently are hybrids. Their EV lineup is being developed from the ground up, with promises of the first ones this fall. And the starting prices will be $60,000 or so.

 

[Jonger1150]

I would lease to get an incentive....and buy out immediately. I get it....I am not anti-lease. Just not for me.

My point was Rivians depreciate alot more than Jeep Wranglers and people have been commenting the opposite. I own both....and know Wranglers retain a very high level of value. Rivians....not so much.

I am OK with it.....because the Rivian is such a game changer....just taking issue with those suggesting that Wranglers depreciate alot.

Jeep technology is pretty much 20 years old. I consider the plug-in a gas vehicle, I don't think there's much evolving landscape on that end.

EV depreciation is 100% rooted in new tech making existing vehicles obsolete every couple years. That's not happening with existing ICE.

 

[R1Tom]

Jeep technology is pretty much 20 years old. I consider the plug-in a gas vehicle, I don't think there's much evolving landscape on that end.

EV depreciation is 100% rooted in new tech making existing vehicles obsolete every couple years. That's not happening with existing ICE.

I concur. Never said the Wranglers are cutting edge.....

My point was depreciation in the Wranglers is far less than it is with Rivians...

 

[Jonger1150]

You can keep the Jeep, had a non-EV one and quality sucked for me. Good for off road enthusiasts perhaps.

Here are a few common complaints with the EV model.

Battery Issues: Some owners have reported problems with the battery, including unexpected discharges, limited range in cold weather, and charging system errors.

Engine Stalling: There have been instances of the engine stalling, particularly when switching between electric and gas modes.

Transmission Problems: Some drivers have experienced transmission issues, such as delayed shifting or rough gear changes.

Software Glitches: Like many modern vehicles, the Wrangler 4xe has encountered software glitches, leading to various problems such as infotainment system crashes or unexpected feature malfunctions.

Limited Electric Range: While the 4xe offers a decent electric range, it may not be sufficient for long-distance commutes or those who rely heavily on electric power.

Higher Cost: The Wrangler 4xe typically has a high price tag for what advantages it has compared to other EVs. Lack of sales has lowered price, so they question would be why lack.of.sales? My belief is simple, a high perce Tage of Jeep owners participate in Jeep events across the country where a tough track might keep anti-EV alive and well in their minds.

Also, Jeeps currently are hybrids. Their EV lineup is being developed from the ground up, with promises of the first ones this fall. And the starting prices will be $60,000 or so.

Jeep ownership offers social opportunities like Harley bikes. I wonder how many are purchased to be in the club.

 

[smunro622]

Just lease. This space is evolving so rapidly, why get stuck with a model that's obsolete when you don't have to.

Great words I leased my R1S, battery chemistry is changing rapidly. I am really interested in the hydrogen vehicles. New CGGI GM ICE is interesting also. Biggest issue still is power generation and grid infrastructure to support EV growth. EV’s are going to compete with data centers for AI on electric consumption, this is why Microsoft is working with Constellation to bring 3 mile island back online. Google is looking at the same philosophy to power their data centers and AI.

 

[Jonger1150]

Great words I leased my R1S, battery chemistry is changing rapidly. I am really interested in the hydrogen vehicles. New CGGI GM ICE is interesting also. Biggest issue still is power generation and grid infrastructure to support EV growth. EV’s are going to compete with data centers for AI on electric consumption, this is why Microsoft is working with Constellation to bring 3 mile island back online. Google is looking at the same philosophy to power their data centers and AI.

Powering AI is going to tax the grid FAR more than EVs. I wouldn't hold my breath waiting for hydrogen, but I guess you never know.

 

[smunro622]

Powering AI is going to tax the grid FAR more than EVs. I wouldn't hold my breath waiting for hydrogen, but I guess you never know.

Meet Mirai a 2024 hydrogen vehicle…https://www.toyota.com/mirai/

 

[Jonger1150]

Meet Mirai a 2024 hydrogen vehicle…https://www.toyota.com/mirai/

I'm well aware. It's expensive to fill and takes 4X the energy to produce the fuel than charging a battery. The hydrogen is made from natural gas.

 

[Donald Stanfield]

Meet Mirai a 2024 hydrogen vehicle…https://www.toyota.com/mirai/

It exists, but it is far more intensive energy-wise than EVs. Not to mention needing a distribution network that EVs don't really need as the grid already exists.

 

[Jonger1150]

It exists, but it is far more intensive energy-wise than EVs. Not to mention needing a distribution network that EVs don't really need as the grid already exists.

They could be the exact same cost per mile and I would pass. I love home charging.

 

[Jiji]

Meet Mirai a 2024 hydrogen vehicle…https://www.toyota.com/mirai/

Well, this thread has now reached peak idiocy.

 

[Thedude]

Meet Mirai a 2024 hydrogen vehicle…https://www.toyota.com/mirai/

The Mirai has existed for years, restricted to sales in only a few areas and definitely not an example of some change to come.

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