1 00:00:00,120 --> 00:00:02,400 Speaker 1: Welcome to How the Money. I'm Joel and I and 2 00:00:02,480 --> 00:00:05,440 Speaker 1: Matt's and today we're discussing the trade offs of driving 3 00:00:05,480 --> 00:00:27,880 Speaker 1: an electric car. Joel, should I be driving an electric car? 4 00:00:28,080 --> 00:00:29,880 Speaker 1: I mean, I think you has a question. I'm asking you. 5 00:00:29,880 --> 00:00:31,960 Speaker 1: You've been going rogue man avoiding the electric cars for 6 00:00:32,000 --> 00:00:33,720 Speaker 1: all these years. Well, I think that's a question a 7 00:00:33,720 --> 00:00:35,839 Speaker 1: lot of folks are asking themselves, right, Like, electric cars 8 00:00:35,840 --> 00:00:38,360 Speaker 1: are getting more affordable, They're getting to be a little 9 00:00:38,360 --> 00:00:40,559 Speaker 1: bit more widespread, and like you see them all the 10 00:00:40,560 --> 00:00:43,879 Speaker 1: time now, especially Tesla's. Feel like Tesla's and Leafs are 11 00:00:43,880 --> 00:00:45,800 Speaker 1: the top two electric cars I see in Atlanta, and 12 00:00:45,840 --> 00:00:47,920 Speaker 1: they're either like they're really nice ones or the the 13 00:00:48,159 --> 00:00:51,400 Speaker 1: really affordable ones. I'm glad you used a kind word 14 00:00:51,440 --> 00:00:53,920 Speaker 1: affordable and not like the really slummy ones or something 15 00:00:53,920 --> 00:00:55,560 Speaker 1: like that. As the driver of a Leaf, I know 16 00:00:55,680 --> 00:00:58,040 Speaker 1: you were going to appreciate that. But yeah, I think 17 00:00:58,080 --> 00:01:01,040 Speaker 1: we're gonna talk about just obviously the the pros, uh, 18 00:01:01,120 --> 00:01:03,160 Speaker 1: some of the upsides of driving electric cars, but we're 19 00:01:03,160 --> 00:01:05,120 Speaker 1: gonna talk about maybe when it doesn't make sense for you, 20 00:01:05,120 --> 00:01:06,680 Speaker 1: We're gonna talk about some of the negatives, some of 21 00:01:06,720 --> 00:01:09,399 Speaker 1: the downsides as well. Yeah, I feel like when I 22 00:01:09,440 --> 00:01:10,920 Speaker 1: used to see a Tesla on the road, I kind 23 00:01:10,920 --> 00:01:13,280 Speaker 1: of rubber neck to to look at it because they 24 00:01:13,280 --> 00:01:15,960 Speaker 1: were few and far between. But there's so many more. 25 00:01:16,480 --> 00:01:18,199 Speaker 1: So Emily and I uses where it's like seeing Honda 26 00:01:18,240 --> 00:01:21,920 Speaker 1: Civics now driving around Atlanta. There are a lot of Tesla's. Yeah, 27 00:01:21,959 --> 00:01:24,360 Speaker 1: And Emily and I we visited Norway not too long 28 00:01:24,400 --> 00:01:27,199 Speaker 1: after the Models was released, and I bet you're freaking 29 00:01:27,200 --> 00:01:29,520 Speaker 1: out when you saw on well half the Norwegians drive 30 00:01:29,600 --> 00:01:32,520 Speaker 1: Tesla's even years ago they did. Yeah, they were super 31 00:01:32,520 --> 00:01:34,240 Speaker 1: into it. So it's kind of crazy just to see, 32 00:01:34,240 --> 00:01:37,520 Speaker 1: like per capita, the Tesla's in Norway were exorbitant, and 33 00:01:37,560 --> 00:01:39,600 Speaker 1: like finally in Atlanta, we're starting to get to that point, 34 00:01:39,640 --> 00:01:41,840 Speaker 1: I feel like, and and nationwide we're just seeing more 35 00:01:41,880 --> 00:01:45,760 Speaker 1: and more electric cars and specifically Tesla's, but it's it's 36 00:01:45,800 --> 00:01:47,960 Speaker 1: not nearly as much of a strain your head to 37 00:01:47,960 --> 00:01:50,440 Speaker 1: take a look situation anymore because there are so many, 38 00:01:50,480 --> 00:01:52,000 Speaker 1: and I feel like I see them all the time 39 00:01:52,040 --> 00:01:54,760 Speaker 1: now exactly. So, as a half Norwegian, do you feel 40 00:01:54,800 --> 00:01:57,120 Speaker 1: that like you're called to drive a Tesla because you 41 00:01:57,120 --> 00:01:58,800 Speaker 1: want to join your your fellow brethren there at the 42 00:01:58,840 --> 00:02:01,520 Speaker 1: Motherland driving the fancy cars. Yeah, I feel like I 43 00:02:01,560 --> 00:02:03,000 Speaker 1: feel like I have to make that move just to 44 00:02:03,040 --> 00:02:07,040 Speaker 1: fit in with my peeps. What are Korean electric cars? Yeah, man, 45 00:02:07,160 --> 00:02:09,720 Speaker 1: Kia has got that electric soul, I believe, which is 46 00:02:10,760 --> 00:02:13,320 Speaker 1: it's a nice car. But before we get into the 47 00:02:13,360 --> 00:02:16,200 Speaker 1: electric car discussion, fully, I wanted to mention real quickly 48 00:02:16,240 --> 00:02:18,640 Speaker 1: that I was able to take advantage of one of 49 00:02:18,680 --> 00:02:22,200 Speaker 1: my favorite things that any grocery store offers. Aldi has 50 00:02:22,280 --> 00:02:26,680 Speaker 1: their double guarantee. It's called twice as Nice now, and dude, 51 00:02:26,680 --> 00:02:29,760 Speaker 1: we had some milk from there that spoiled like five 52 00:02:29,840 --> 00:02:33,280 Speaker 1: days before the expiration date, surprisingly, and we had also 53 00:02:33,320 --> 00:02:36,200 Speaker 1: bought like their chocolate chips, which honestly are just They're 54 00:02:36,240 --> 00:02:38,240 Speaker 1: just terrible. And I think it's because I think it's 55 00:02:38,240 --> 00:02:40,839 Speaker 1: because we've gotten used to the Kirkland signature chocolate chips 56 00:02:40,840 --> 00:02:43,480 Speaker 1: from Costco. You get your fancy chocolates which are legit 57 00:02:43,520 --> 00:02:46,320 Speaker 1: tasty of the Norwegian chocolates as well. It's like, probably 58 00:02:46,320 --> 00:02:48,120 Speaker 1: those are the chocolate chips Elon must eat now Man, 59 00:02:48,160 --> 00:02:51,280 Speaker 1: Norwegians were not known for our chocolate making. That's that's 60 00:02:51,280 --> 00:02:53,520 Speaker 1: like Belgium. Okay, there we go. Yeah, but yeah, so 61 00:02:53,560 --> 00:02:55,400 Speaker 1: I was able to take both of them back and 62 00:02:55,400 --> 00:02:58,040 Speaker 1: I was able to get replacement product, get a new 63 00:02:58,200 --> 00:03:00,400 Speaker 1: gallon of milk essentially right for free, and get my 64 00:03:00,400 --> 00:03:03,960 Speaker 1: money back. So I love all these twice as nice guarantee. 65 00:03:04,240 --> 00:03:05,600 Speaker 1: Not only does all they have like some of the 66 00:03:05,600 --> 00:03:07,800 Speaker 1: lowest prices right for any grocery store chain out there, 67 00:03:07,840 --> 00:03:10,040 Speaker 1: but they also have that backing them up. It's like 68 00:03:10,320 --> 00:03:12,400 Speaker 1: stamped on pretty much every product that they sell, and 69 00:03:12,440 --> 00:03:14,200 Speaker 1: so it just makes you feel good when you're walking 70 00:03:14,240 --> 00:03:15,959 Speaker 1: out of there. You basically have a guarantee on the 71 00:03:15,960 --> 00:03:17,760 Speaker 1: food you're bind which is cool. Yeah. Man, that gives 72 00:03:17,760 --> 00:03:19,640 Speaker 1: you that that sweet little piece of mind for sure. 73 00:03:19,800 --> 00:03:22,280 Speaker 1: Let me tell you about an all the Score that 74 00:03:22,320 --> 00:03:24,600 Speaker 1: I came across recently. Uh did you see when they 75 00:03:24,600 --> 00:03:26,960 Speaker 1: had the plants at the store, the house plants? But 76 00:03:26,960 --> 00:03:29,080 Speaker 1: I've noticed the year plant collection and this house has grown. 77 00:03:29,120 --> 00:03:32,040 Speaker 1: I know, so obviously we've talked about this on the 78 00:03:32,040 --> 00:03:34,480 Speaker 1: show before, but Kate's been really getting into house plants, 79 00:03:34,480 --> 00:03:37,080 Speaker 1: making our house more kind of natural on the inside. 80 00:03:37,240 --> 00:03:41,760 Speaker 1: Jung jungly, Yeah, and they had some amazing house plants there. 81 00:03:42,040 --> 00:03:43,840 Speaker 1: If you look over to your left, you can see 82 00:03:43,920 --> 00:03:45,560 Speaker 1: this like burgundy looking the one that we have here. 83 00:03:45,760 --> 00:03:47,640 Speaker 1: The jokers like, what, how's all? Do you think that 84 00:03:47,720 --> 00:03:50,080 Speaker 1: thing is like four ft? Yeah, probably probably four ft 85 00:03:50,160 --> 00:03:51,880 Speaker 1: four foot tall plant and I think it's in like 86 00:03:51,880 --> 00:03:53,720 Speaker 1: a ten inch pot. So this is a big plant. 87 00:03:54,000 --> 00:03:57,200 Speaker 1: Thirteen bucks. Nice that plus two other ones that we got. 88 00:03:57,440 --> 00:04:00,600 Speaker 1: We've always loved Aldi, but when they do stuff like this, 89 00:04:01,000 --> 00:04:04,320 Speaker 1: when they start selling products that they know that we once, 90 00:04:04,600 --> 00:04:06,680 Speaker 1: I don't know how they know. We joked before about 91 00:04:06,720 --> 00:04:09,360 Speaker 1: how Aldi has cookies that aren't electronic, you know, like 92 00:04:09,400 --> 00:04:11,400 Speaker 1: on your phone. They know what's a feed you. As 93 00:04:11,400 --> 00:04:14,720 Speaker 1: far as advertising goes, Aldi somehow knows exactly what to 94 00:04:14,800 --> 00:04:18,320 Speaker 1: sell and they're not using the sneaky Russian technology to 95 00:04:18,360 --> 00:04:20,240 Speaker 1: do it. They just That's what I like about them. 96 00:04:20,400 --> 00:04:23,840 Speaker 1: They're honest. Price is nice. They're a great company, man, 97 00:04:23,880 --> 00:04:26,040 Speaker 1: they really are. They're a great company with incredibly low 98 00:04:26,080 --> 00:04:28,159 Speaker 1: prices and so yeah, I mean, I think for folks 99 00:04:28,160 --> 00:04:30,080 Speaker 1: out there who have heard us talk about Aldi but 100 00:04:30,400 --> 00:04:33,360 Speaker 1: haven't ventured into their neighborhood Aldi, you gotta give it 101 00:04:33,400 --> 00:04:35,320 Speaker 1: a shot. Give it a shot. At least. I was 102 00:04:35,360 --> 00:04:37,560 Speaker 1: skeptical when I first went in. I think the first 103 00:04:37,560 --> 00:04:39,000 Speaker 1: time I went in out it just because it was 104 00:04:39,040 --> 00:04:41,520 Speaker 1: it's such a completely different experience. I was like, yeah, 105 00:04:41,560 --> 00:04:43,360 Speaker 1: I don't think I'm into this, But I went back 106 00:04:43,360 --> 00:04:46,839 Speaker 1: a couple more times and just realized that actually it's 107 00:04:47,000 --> 00:04:50,000 Speaker 1: better because one the low prices, but two such a 108 00:04:50,000 --> 00:04:52,000 Speaker 1: smaller store. I'm in and out in no time. That's 109 00:04:52,040 --> 00:04:54,400 Speaker 1: another one of my favorite things about shopping there. But Matt, 110 00:04:54,440 --> 00:04:56,200 Speaker 1: let's mention the beer that we're having on the show today. 111 00:04:56,360 --> 00:04:58,800 Speaker 1: It's called art is Hard and it's by North Park 112 00:04:59,000 --> 00:05:01,440 Speaker 1: Beer Company. And this one was sent to us from 113 00:05:01,480 --> 00:05:04,000 Speaker 1: listener John. Yeah. John sent this to us out there 114 00:05:04,000 --> 00:05:06,600 Speaker 1: from San Diego. This is one of his local breweries, 115 00:05:07,080 --> 00:05:10,240 Speaker 1: and we enjoyed one of his during our last episode. 116 00:05:10,279 --> 00:05:12,320 Speaker 1: So I'm looking forward to chatting about this one with you, 117 00:05:12,360 --> 00:05:14,480 Speaker 1: buddy at the end of the show. Sounds good, man, 118 00:05:14,520 --> 00:05:16,480 Speaker 1: All right, let's get onto the subject hand. We're talking 119 00:05:16,480 --> 00:05:20,440 Speaker 1: about the tradeoffs of driving an electric car and electric vehicles. 120 00:05:20,480 --> 00:05:24,400 Speaker 1: Like we said, they're getting more popular. But should everyone 121 00:05:24,440 --> 00:05:26,839 Speaker 1: out there, all of our listeners, consider getting one. If 122 00:05:26,880 --> 00:05:28,560 Speaker 1: it was up to you, you would probably say yes. 123 00:05:28,680 --> 00:05:30,360 Speaker 1: You know, I'm gonna at least lean in that direction. 124 00:05:30,480 --> 00:05:31,880 Speaker 1: I'll let you know right right off the bat. I 125 00:05:31,960 --> 00:05:34,880 Speaker 1: drive an electric car, and so if you wonder where 126 00:05:34,880 --> 00:05:37,320 Speaker 1: I'm gonna come down, you're a big fan, the likelihood 127 00:05:37,400 --> 00:05:40,120 Speaker 1: is probably consider an electric I also think that this 128 00:05:40,240 --> 00:05:42,039 Speaker 1: is an episode you've been sitting on for like close 129 00:05:42,080 --> 00:05:44,040 Speaker 1: to a year at least. I feel like you've been 130 00:05:44,080 --> 00:05:46,520 Speaker 1: just waiting for your chance the tout the benefits of 131 00:05:46,560 --> 00:05:48,640 Speaker 1: electric vehicles. I've been like begging you to let us 132 00:05:48,640 --> 00:05:50,960 Speaker 1: do this episode. So thank you for finally allowing it. 133 00:05:51,120 --> 00:05:54,400 Speaker 1: You're welcome, but we don't want to force anyone into 134 00:05:54,440 --> 00:05:56,280 Speaker 1: something that they're not ready for. And also, at the 135 00:05:56,320 --> 00:05:59,680 Speaker 1: same time, Matt, electric vehicles aren't for everyone, but they 136 00:05:59,680 --> 00:06:03,600 Speaker 1: are quickly becoming a legit alternative to buying gas powered cars. 137 00:06:03,640 --> 00:06:06,760 Speaker 1: And one of the most important financial considerations of buying 138 00:06:06,760 --> 00:06:09,560 Speaker 1: a car is the total cost of ownership, right, and 139 00:06:09,640 --> 00:06:11,640 Speaker 1: that has come down a good bit when it comes 140 00:06:11,680 --> 00:06:14,120 Speaker 1: to E vs. H. And at the same time, the 141 00:06:14,160 --> 00:06:16,799 Speaker 1: major fears that people had when it came to buying 142 00:06:16,839 --> 00:06:19,560 Speaker 1: an electric vehicle, well those fears are kind of going 143 00:06:19,560 --> 00:06:22,760 Speaker 1: by the wayside as electric vehicle technology just gets better 144 00:06:22,760 --> 00:06:25,360 Speaker 1: and better. So in the main fear Matt that people 145 00:06:25,400 --> 00:06:27,800 Speaker 1: have when they buy an electric car is kind of 146 00:06:27,839 --> 00:06:30,480 Speaker 1: the range. If I unplug my car and start driving, 147 00:06:30,600 --> 00:06:31,880 Speaker 1: am I gonna be able to get where I need 148 00:06:31,920 --> 00:06:34,920 Speaker 1: to go? And the range is massively improved in recent years. 149 00:06:35,160 --> 00:06:38,080 Speaker 1: That doesn't necessarily mean that electric vehicles are for everyone, though, 150 00:06:38,120 --> 00:06:39,760 Speaker 1: So when we really need to cover the good and 151 00:06:39,800 --> 00:06:41,919 Speaker 1: the bad to help us decide whether or not we 152 00:06:41,920 --> 00:06:44,960 Speaker 1: should be considering an electric car as our next vehicle 153 00:06:45,160 --> 00:06:47,320 Speaker 1: or not, Yeah, well, you know you're kind of getting 154 00:06:47,320 --> 00:06:49,080 Speaker 1: to it right there. But one of my biggest hang 155 00:06:49,120 --> 00:06:52,120 Speaker 1: ups about electric vehicles is that they would require me 156 00:06:52,200 --> 00:06:54,840 Speaker 1: to change the way I drive, And honestly like the 157 00:06:54,839 --> 00:06:56,960 Speaker 1: way I think about driving right like I think a 158 00:06:57,000 --> 00:06:58,520 Speaker 1: lot of people in this way as well, But I 159 00:06:58,560 --> 00:07:00,960 Speaker 1: don't really want to have to plan out my trips 160 00:07:01,080 --> 00:07:03,520 Speaker 1: or my drives in order to make sure that I'm 161 00:07:03,520 --> 00:07:06,080 Speaker 1: not going to get stranded somewhere without any juice. I 162 00:07:06,120 --> 00:07:07,920 Speaker 1: just want to dry without having to think about it. 163 00:07:08,000 --> 00:07:10,200 Speaker 1: And if I get low on gas, right, if I'm 164 00:07:10,280 --> 00:07:12,960 Speaker 1: driving a traditional vehicle, I can just pull into a 165 00:07:12,960 --> 00:07:15,680 Speaker 1: gas station five minutes later, boom, I'm good to go. 166 00:07:16,160 --> 00:07:17,640 Speaker 1: So honestly, this kind of gets us to what we're 167 00:07:17,640 --> 00:07:21,000 Speaker 1: going to talk about first, which are the downsides of 168 00:07:21,040 --> 00:07:23,680 Speaker 1: getting an electric vehicle. Okay, done with that. Let's get 169 00:07:23,680 --> 00:07:26,920 Speaker 1: onto the pros of an electric vehicle now, Matt, Let's 170 00:07:26,920 --> 00:07:30,280 Speaker 1: start with the downside. Okay, all right, okay, so you're right, 171 00:07:30,320 --> 00:07:32,440 Speaker 1: there are some downsides that we do actually need to 172 00:07:32,480 --> 00:07:34,960 Speaker 1: cover and and you're right. The biggest thing is that 173 00:07:34,960 --> 00:07:38,560 Speaker 1: that it's not charging stations are not ubiquitous, and a 174 00:07:38,560 --> 00:07:40,560 Speaker 1: gas station there on every corner. So if you need 175 00:07:40,600 --> 00:07:42,400 Speaker 1: to fill up your car, boom, you hop in, you 176 00:07:42,440 --> 00:07:44,239 Speaker 1: do it. It's super easy to find a gas station 177 00:07:44,480 --> 00:07:47,280 Speaker 1: in most parts of the country, and places where a 178 00:07:47,280 --> 00:07:49,400 Speaker 1: gas station might be hard to find, I'm sure electric 179 00:07:49,520 --> 00:07:53,760 Speaker 1: charging stations are still yet even harder. I'm sure there's 180 00:07:53,760 --> 00:07:56,240 Speaker 1: not some town in Iowa where there's like no gas stations, 181 00:07:56,240 --> 00:07:58,880 Speaker 1: but there are tons of charging stations right exactly, Although 182 00:07:58,960 --> 00:08:02,160 Speaker 1: if there are this up listeners, because you would know, yeah, 183 00:08:02,160 --> 00:08:04,800 Speaker 1: I want to know what that town is that prioritizes 184 00:08:04,800 --> 00:08:07,840 Speaker 1: electric charging stations over gas stations. So yeah, you have 185 00:08:07,880 --> 00:08:10,960 Speaker 1: to plan your trips accordingly, right, otherwise you could, especially 186 00:08:11,000 --> 00:08:12,680 Speaker 1: on a longer road trip, find yourself stuck in the 187 00:08:12,720 --> 00:08:15,920 Speaker 1: middle of nowhere. And electric vehicles also take longer to 188 00:08:15,960 --> 00:08:17,960 Speaker 1: fill up. So instead of just a quick pit stop 189 00:08:18,080 --> 00:08:19,880 Speaker 1: the four or five minutes mount to fill up your tank, 190 00:08:20,120 --> 00:08:23,320 Speaker 1: you're looking at thirty to forty minutes potentially of a 191 00:08:23,400 --> 00:08:28,000 Speaker 1: pause in your trip. I ain't got that kind of time, Joel, right, 192 00:08:28,080 --> 00:08:30,480 Speaker 1: I know, I understand you're a busy man. So range 193 00:08:30,520 --> 00:08:33,240 Speaker 1: anxiety is this major factor for folks who take longer 194 00:08:33,240 --> 00:08:36,480 Speaker 1: trips often. But but it is becoming less of an issue, 195 00:08:36,559 --> 00:08:38,880 Speaker 1: right because, for instance, Matt, when I bought my niece 196 00:08:38,880 --> 00:08:41,720 Speaker 1: on Leaf, it had a roughly seventy five mile range, 197 00:08:41,840 --> 00:08:44,440 Speaker 1: and now a lot of the newer electric vehicles are 198 00:08:44,480 --> 00:08:47,360 Speaker 1: in the upper two hundreds low three hundreds range anxiety 199 00:08:47,440 --> 00:08:48,880 Speaker 1: is just becoming less and less of an issue. And 200 00:08:48,960 --> 00:08:51,600 Speaker 1: also it's important to note that there are apps that 201 00:08:51,720 --> 00:08:54,440 Speaker 1: help you locate charging stations, and those are going to 202 00:08:54,520 --> 00:08:57,319 Speaker 1: be really important, especially on a longer road trip with 203 00:08:57,360 --> 00:08:59,840 Speaker 1: an eb Seriously, has any of them been purchased yet 204 00:08:59,880 --> 00:09:03,120 Speaker 1: by Google or Ways? Because if you can integrate that 205 00:09:03,200 --> 00:09:06,079 Speaker 1: into the app, how collection would that be for an 206 00:09:06,080 --> 00:09:08,440 Speaker 1: electric vehicle driver. That's a good point, dude. I don't 207 00:09:08,440 --> 00:09:10,440 Speaker 1: even know if Ways offers that or not, but I'm 208 00:09:10,440 --> 00:09:12,839 Speaker 1: gonna look because they will soon. If they're not because 209 00:09:12,880 --> 00:09:15,000 Speaker 1: they listen to our podcast. They're gonna be like, oh yeah, 210 00:09:15,040 --> 00:09:17,760 Speaker 1: how did those guys have that an idea and smart 211 00:09:17,960 --> 00:09:20,520 Speaker 1: they're gonna hire us. Maybe that'd be great. Yeah, part 212 00:09:20,559 --> 00:09:25,080 Speaker 1: time podcasters and ways consultants. We'll do my new title. Yeah, 213 00:09:25,120 --> 00:09:27,480 Speaker 1: I'll take it. But yeah, those apps are really helpful 214 00:09:27,840 --> 00:09:30,040 Speaker 1: in just helping you find out where the charging stations 215 00:09:30,040 --> 00:09:31,600 Speaker 1: are and kind of letting you know the price up front, 216 00:09:31,640 --> 00:09:34,640 Speaker 1: because some charging stations are free. Yeah, and I'm assuming 217 00:09:34,640 --> 00:09:37,880 Speaker 1: those charging stations are even tougher to find man. True. True, 218 00:09:37,920 --> 00:09:40,520 Speaker 1: Although we do have one in our neighborhood. Actually we do, yeah, 219 00:09:40,880 --> 00:09:44,559 Speaker 1: at someone's house. Seriously, it's and it's on the app 220 00:09:44,640 --> 00:09:46,680 Speaker 1: and you can go use it. It's a free charging station. 221 00:09:46,960 --> 00:09:48,640 Speaker 1: I know there's one up there by the school kind 222 00:09:48,640 --> 00:09:51,120 Speaker 1: of over there in Grand Park. Yeah, well there's one 223 00:09:51,120 --> 00:09:53,600 Speaker 1: in someone at someone's house though, literally at someone's house. Basically, 224 00:09:53,640 --> 00:09:55,640 Speaker 1: it feels like going to someone's house for water, you know, 225 00:09:55,640 --> 00:09:57,800 Speaker 1: It's it's like this natural resource almost. It's like, well, 226 00:09:57,800 --> 00:09:59,360 Speaker 1: I've got a well here and you're welcome to come 227 00:09:59,600 --> 00:10:02,920 Speaker 1: dip your up in English water. It's exactly private. Yeah, 228 00:10:02,920 --> 00:10:05,240 Speaker 1: it's it's kind of odd, but I've used it before 229 00:10:05,280 --> 00:10:06,959 Speaker 1: and it's great. I love it. So that's when the 230 00:10:07,040 --> 00:10:10,280 Speaker 1: downside that it can be tough to locate a charging station. 231 00:10:10,640 --> 00:10:15,679 Speaker 1: Another downside is that technology can quickly become obsolete. Right, 232 00:10:15,800 --> 00:10:19,000 Speaker 1: so think about computers. Digital technology, it advances at a 233 00:10:19,080 --> 00:10:22,440 Speaker 1: much faster rate than mechanical technology. Is it More's law 234 00:10:22,600 --> 00:10:25,360 Speaker 1: that that say, it's like every eighteen months that processor 235 00:10:25,520 --> 00:10:29,520 Speaker 1: like chips, basically they double in speed. So it's exponential 236 00:10:29,559 --> 00:10:32,160 Speaker 1: when it comes to digital technology. I don't know if 237 00:10:32,280 --> 00:10:34,760 Speaker 1: with electric vehicles it's going to be quite that fast, 238 00:10:34,800 --> 00:10:36,840 Speaker 1: like the advancements that we that we have, because it's 239 00:10:36,880 --> 00:10:40,200 Speaker 1: sort of this marriage between technology and the mechanical, Like 240 00:10:40,280 --> 00:10:42,680 Speaker 1: it's still a vehicle, so it's still this mechanical object, 241 00:10:42,840 --> 00:10:45,199 Speaker 1: but there is way more technology in this vehicle than 242 00:10:45,240 --> 00:10:47,280 Speaker 1: a traditional gasoline car, right, Like you think about a 243 00:10:47,360 --> 00:10:49,480 Speaker 1: tridtional car, like have they changed that much in the 244 00:10:49,559 --> 00:10:52,120 Speaker 1: last fifty years. It's like they've gotten a little bit 245 00:10:52,400 --> 00:10:55,800 Speaker 1: incrementally more fuel efficient, But we haven't seen the leaps 246 00:10:55,840 --> 00:10:58,840 Speaker 1: and the bounds when it comes to technology with traditional 247 00:10:58,880 --> 00:11:02,240 Speaker 1: cars that I'm sure that we're gonna see with electric vehicles. 248 00:11:02,240 --> 00:11:04,440 Speaker 1: But the thing is with the technology. Though, this kind 249 00:11:04,480 --> 00:11:06,480 Speaker 1: of seems like a selling point, right, So, like, why 250 00:11:06,480 --> 00:11:08,439 Speaker 1: are we talking about it now? As a downside, Well, 251 00:11:08,440 --> 00:11:10,719 Speaker 1: it is great for that new technology that's on the 252 00:11:10,760 --> 00:11:13,040 Speaker 1: horizon for electric vehicles, max. So great if you're the 253 00:11:13,040 --> 00:11:15,320 Speaker 1: one who bought one two years ago, exactly. Yeah, if 254 00:11:15,320 --> 00:11:18,400 Speaker 1: you're the current owner, this means that you might maybe 255 00:11:18,480 --> 00:11:21,360 Speaker 1: experience what I would call like range envy, right, Like 256 00:11:21,360 --> 00:11:23,800 Speaker 1: you see that Tesla is it the long range Tesla 257 00:11:23,920 --> 00:11:26,959 Speaker 1: or something like that almost four hundred I think it's 258 00:11:26,960 --> 00:11:28,840 Speaker 1: like three seventy or three eighty or something like that. 259 00:11:29,080 --> 00:11:31,480 Speaker 1: But you see that and you think, man, like my 260 00:11:31,559 --> 00:11:34,440 Speaker 1: electric vehicles a pizza junk or or you might even 261 00:11:34,600 --> 00:11:38,800 Speaker 1: experience a faster depreciation as this new technology is implemented 262 00:11:38,840 --> 00:11:41,640 Speaker 1: into the new models every single year. It's great right 263 00:11:41,640 --> 00:11:43,320 Speaker 1: when you get it and you can kind of enjoy it, 264 00:11:43,360 --> 00:11:45,240 Speaker 1: get the use and the enjoyment out of it. But 265 00:11:45,280 --> 00:11:47,760 Speaker 1: over time you tend to see those benefits sort of Wayne. 266 00:11:47,960 --> 00:11:50,839 Speaker 1: So I think about it when it comes to digital cameras, right, 267 00:11:50,960 --> 00:11:54,800 Speaker 1: because I started my photography company as digital cameras came 268 00:11:54,840 --> 00:11:58,480 Speaker 1: onto the scene. In the technological advances with digital cameras 269 00:11:58,760 --> 00:12:02,559 Speaker 1: was insane, Like the is five ten years honestly with 270 00:12:02,720 --> 00:12:04,920 Speaker 1: what they're able to implement in these cameras. And what 271 00:12:04,960 --> 00:12:06,720 Speaker 1: that meant for me as a professional is that if 272 00:12:06,720 --> 00:12:09,520 Speaker 1: I wanted to stay kind of relevant in the industry, 273 00:12:09,559 --> 00:12:12,360 Speaker 1: I had to pretty regularly update my camera. And that's 274 00:12:12,360 --> 00:12:14,040 Speaker 1: a ton of money for a business. It's it's not 275 00:12:14,120 --> 00:12:15,640 Speaker 1: that big of a deal because it's an expense that's 276 00:12:15,640 --> 00:12:17,200 Speaker 1: part of doing business. But I think that can be 277 00:12:17,240 --> 00:12:20,280 Speaker 1: tougher to swallow as a consumer for something that we 278 00:12:20,600 --> 00:12:23,760 Speaker 1: may or may not necessarily need. Yeah, you're completely right, man. 279 00:12:23,760 --> 00:12:25,640 Speaker 1: I think the range envy is something that people will 280 00:12:25,720 --> 00:12:29,000 Speaker 1: experience if they end up purchasing an electric car, and 281 00:12:29,000 --> 00:12:31,480 Speaker 1: then as battery technology does progress over the next five years, 282 00:12:31,520 --> 00:12:34,320 Speaker 1: they might find themselves in a car that has vastly 283 00:12:34,360 --> 00:12:37,600 Speaker 1: inferior range. That is totally the case for me because 284 00:12:37,600 --> 00:12:40,520 Speaker 1: I bought my electric vehicle almost six years ago, and 285 00:12:40,559 --> 00:12:42,920 Speaker 1: like I said, my range is like seventy five miles 286 00:12:42,920 --> 00:12:44,920 Speaker 1: and we're talking about Tesla's that are getting close to 287 00:12:44,920 --> 00:12:48,160 Speaker 1: four miles in range. So that is a definite downside. 288 00:12:48,480 --> 00:12:51,520 Speaker 1: And when it comes to replacing your battery, if you 289 00:12:51,840 --> 00:12:53,520 Speaker 1: if it comes to that at some point, although these 290 00:12:53,520 --> 00:12:55,880 Speaker 1: batteries have shown to to be pretty good to not 291 00:12:55,960 --> 00:12:58,319 Speaker 1: degrade nearly as much as people thought they would. When 292 00:12:58,320 --> 00:12:59,920 Speaker 1: it comes time for that, it could mean that you're 293 00:13:00,000 --> 00:13:02,680 Speaker 1: car is basically completely totaled. Have you ever looked into 294 00:13:02,679 --> 00:13:04,760 Speaker 1: how much it would cost to replace a battery for real? 295 00:13:04,800 --> 00:13:07,199 Speaker 1: Leaf From everything I've heard, it's around five thousand bucks 296 00:13:07,240 --> 00:13:09,600 Speaker 1: to get a new battery for your car that ain't cheat. Yeah. Again, 297 00:13:09,640 --> 00:13:11,760 Speaker 1: those costs might go down over time too, as the 298 00:13:11,760 --> 00:13:14,679 Speaker 1: companies that create these batteries get more efficient and are 299 00:13:14,679 --> 00:13:17,079 Speaker 1: creating more of them economies of scale, we might see 300 00:13:17,120 --> 00:13:19,160 Speaker 1: battery prices come down. But and I bet it will 301 00:13:19,200 --> 00:13:21,320 Speaker 1: be more affordable to change batteries to like just like 302 00:13:21,360 --> 00:13:23,520 Speaker 1: now with our cell phones, they are these independent shops 303 00:13:23,520 --> 00:13:25,520 Speaker 1: that have popped up where they replace your battery on 304 00:13:25,520 --> 00:13:28,360 Speaker 1: your phone or they replace your screen. Because so many 305 00:13:28,360 --> 00:13:30,440 Speaker 1: people have phones, there's more of a need for it, 306 00:13:30,440 --> 00:13:32,880 Speaker 1: and it becomes more affordable for us to keep and 307 00:13:33,040 --> 00:13:34,959 Speaker 1: maintain our phones. I gotta think that the same thing 308 00:13:35,000 --> 00:13:37,280 Speaker 1: is gonna be true with electric vehicles as well. Well. Yeah, 309 00:13:37,280 --> 00:13:39,240 Speaker 1: that's another thing that that they talked about two in 310 00:13:39,280 --> 00:13:42,800 Speaker 1: the future. Instead of charging the battery that is always 311 00:13:42,800 --> 00:13:45,320 Speaker 1: in your car. What you're doing is you're stopping and 312 00:13:45,400 --> 00:13:47,920 Speaker 1: someone's taking off your old battery, doing the swap, doing 313 00:13:47,920 --> 00:13:49,960 Speaker 1: a swap, giving you a full one, and you go 314 00:13:50,200 --> 00:13:51,880 Speaker 1: on your merry way. And so if that's the case, 315 00:13:51,920 --> 00:13:54,280 Speaker 1: if they're interchangeable and you're tossing on a new one 316 00:13:54,480 --> 00:13:56,959 Speaker 1: and you just keep keep rolling, that helps with the range, 317 00:13:56,960 --> 00:13:59,199 Speaker 1: That helps with the potential cost that you might bear 318 00:13:59,360 --> 00:14:01,680 Speaker 1: for your battery going bad. I mean, there's all these 319 00:14:01,679 --> 00:14:04,400 Speaker 1: potential fixes to this problem, but right now tech opso 320 00:14:04,440 --> 00:14:06,880 Speaker 1: lescence in the V world and battery degradation are are 321 00:14:07,080 --> 00:14:09,400 Speaker 1: definitely real issues that you have to think about. Yeah, 322 00:14:09,480 --> 00:14:11,480 Speaker 1: Like the swappable batteries sort of model, it's kind of 323 00:14:11,520 --> 00:14:13,480 Speaker 1: like the propane tank model. It's like you show up 324 00:14:13,480 --> 00:14:14,760 Speaker 1: with your empty one, just give me a new one. 325 00:14:14,800 --> 00:14:17,160 Speaker 1: Let me get out of here. Yeah, exactly. And one 326 00:14:17,200 --> 00:14:20,040 Speaker 1: more downside that we do want to cover is the 327 00:14:20,080 --> 00:14:23,240 Speaker 1: fact that electric vehicle options that they're limited with the 328 00:14:23,240 --> 00:14:26,320 Speaker 1: traditional vehicle. There are hundreds of different makes and models 329 00:14:26,360 --> 00:14:29,720 Speaker 1: of vehicles out there. The shapes and sizes they abound. Yeah, like, 330 00:14:29,760 --> 00:14:31,840 Speaker 1: not only can you get a car that fits your 331 00:14:31,840 --> 00:14:33,320 Speaker 1: actual needs, but you can pick one out that you 332 00:14:33,320 --> 00:14:36,960 Speaker 1: feel like represents your personality. Like I think about all 333 00:14:36,960 --> 00:14:38,760 Speaker 1: the folks out there that drive the Mini Coopers, the 334 00:14:38,760 --> 00:14:40,760 Speaker 1: people that drive a Mini Cooper. The reason that they 335 00:14:40,760 --> 00:14:43,240 Speaker 1: get that is because they think I'm a Mini Cooper guy, 336 00:14:43,320 --> 00:14:45,160 Speaker 1: you know, or I'm a Mini Cooper girl. Or the 337 00:14:45,200 --> 00:14:48,440 Speaker 1: Honda Elements another one of those, right defined a certain 338 00:14:48,440 --> 00:14:50,480 Speaker 1: subset of people. Why did they start making those things? 339 00:14:50,680 --> 00:14:52,600 Speaker 1: I don't know. They were awesome. That totally could have 340 00:14:52,600 --> 00:14:54,360 Speaker 1: been me. I could have been an Element guy. Yeah, 341 00:14:54,400 --> 00:14:56,360 Speaker 1: I remember. One of the things that I loved about 342 00:14:56,400 --> 00:14:58,760 Speaker 1: it is that I remember the commercials they showed that 343 00:14:58,800 --> 00:15:01,200 Speaker 1: you could hose it out, like the interior of It's like, 344 00:15:01,200 --> 00:15:04,160 Speaker 1: we don't have carpet, we have vinyl. It's like plastered 345 00:15:04,200 --> 00:15:05,640 Speaker 1: onto the inside of the vehicle. And so if you're 346 00:15:05,680 --> 00:15:07,640 Speaker 1: if your car is already like your dogs jump out 347 00:15:07,640 --> 00:15:09,720 Speaker 1: after spending some time down at the river, you know, 348 00:15:10,320 --> 00:15:13,840 Speaker 1: like everybody does. I guess just like Joe, the hose 349 00:15:13,880 --> 00:15:15,160 Speaker 1: and kind of rints it out. I thought that was 350 00:15:15,200 --> 00:15:17,560 Speaker 1: super cool. But when it comes to electric vehicles, you 351 00:15:17,600 --> 00:15:20,320 Speaker 1: don't have as many options. They tend to be smaller vehicles, 352 00:15:20,360 --> 00:15:23,280 Speaker 1: at least currently and not everybody wants to drive like 353 00:15:23,680 --> 00:15:26,080 Speaker 1: one of those tiny little Accomo boxes. But we know 354 00:15:26,200 --> 00:15:28,280 Speaker 1: that this is likely going to change and then your future. 355 00:15:28,480 --> 00:15:31,680 Speaker 1: We've already seen Rivian and Tesla release their new trucks 356 00:15:31,720 --> 00:15:33,520 Speaker 1: and and folks are signing up to buy those things. 357 00:15:33,960 --> 00:15:36,960 Speaker 1: Volkswagen like they're they're gonna release the coolest van of 358 00:15:37,000 --> 00:15:39,240 Speaker 1: all time according to you. I know you're super excited 359 00:15:39,240 --> 00:15:41,320 Speaker 1: about that van coming out, And like a couple other 360 00:15:41,320 --> 00:15:42,960 Speaker 1: couple of years and a couple of years, I'm talking 361 00:15:42,960 --> 00:15:45,600 Speaker 1: down the days and so more options are just right 362 00:15:45,600 --> 00:15:48,960 Speaker 1: around the bend. They're just not available right now. Speaking 363 00:15:48,960 --> 00:15:50,640 Speaker 1: of van Zel, I saw another one. Have you ever 364 00:15:50,640 --> 00:15:53,120 Speaker 1: heard of Canoe? I think it's c A and o oh, 365 00:15:53,600 --> 00:15:55,720 Speaker 1: I don't think. I don't think so. With Volkswagen with 366 00:15:55,760 --> 00:15:58,000 Speaker 1: the I D Bus, they're going for the total retro look. Right, 367 00:15:58,040 --> 00:15:59,920 Speaker 1: it's kind of got the I don't know, retro lines. 368 00:16:00,400 --> 00:16:03,080 Speaker 1: It looks like an old hippie kind of surfer van. Sure, yeah, 369 00:16:03,080 --> 00:16:05,320 Speaker 1: they're going for that nineteen seventies vibe, get that nostalgic 370 00:16:05,400 --> 00:16:08,360 Speaker 1: going on, but with a canoe that they've completely embraced, 371 00:16:08,360 --> 00:16:10,640 Speaker 1: like the sci fi element, Like what what stood out 372 00:16:10,640 --> 00:16:12,280 Speaker 1: to me is that you couldn't tell the difference between 373 00:16:12,280 --> 00:16:14,080 Speaker 1: the front of the van and the back of the van. 374 00:16:15,080 --> 00:16:17,640 Speaker 1: It almost had the exact same curvature. The lights look 375 00:16:17,680 --> 00:16:19,640 Speaker 1: exactly the same. It's just that the lights on the 376 00:16:19,680 --> 00:16:22,280 Speaker 1: front are obviously clear and white and the lights on 377 00:16:22,320 --> 00:16:25,320 Speaker 1: the back were red but super cool and sleek, very 378 00:16:25,320 --> 00:16:26,960 Speaker 1: sci fi look and looks like it came out of 379 00:16:26,960 --> 00:16:29,400 Speaker 1: I Robot or something like that. But unfortunately, though, that 380 00:16:29,440 --> 00:16:32,720 Speaker 1: one's gonna be part of a car subscription service, which 381 00:16:32,720 --> 00:16:34,760 Speaker 1: we're not fans of, so I probably won't ever get 382 00:16:34,760 --> 00:16:36,560 Speaker 1: to ride in one of those. Yeah, unless those prices 383 00:16:36,600 --> 00:16:39,680 Speaker 1: come way down on the car subscription services Playerously, that's cool. 384 00:16:39,680 --> 00:16:41,160 Speaker 1: I must take a look at that one because I'm 385 00:16:41,200 --> 00:16:43,160 Speaker 1: just interested in that stuff. Yeah, look it up. Yeah, 386 00:16:43,200 --> 00:16:45,440 Speaker 1: but Matt's I guess something else to be aware of. 387 00:16:45,560 --> 00:16:48,480 Speaker 1: One more kind of con or negative thing a trade 388 00:16:48,480 --> 00:16:50,760 Speaker 1: off that you'd be making if you decided to purchase 389 00:16:50,800 --> 00:16:55,040 Speaker 1: an electric vehicle, is that some states are instituting a 390 00:16:55,120 --> 00:16:58,720 Speaker 1: higher annual tax on electric vehicle owners, and that's basically 391 00:16:58,760 --> 00:17:00,920 Speaker 1: to cover the gas taxes that they aren't paying for 392 00:17:01,440 --> 00:17:03,120 Speaker 1: when they go to fill up at the gas station. 393 00:17:03,520 --> 00:17:05,960 Speaker 1: And I'm down with this, Like, I completely believe that 394 00:17:06,000 --> 00:17:08,639 Speaker 1: electric vehicle owners should help pay for the roads that 395 00:17:08,680 --> 00:17:11,400 Speaker 1: they drive on. But the rates are often higher than 396 00:17:11,480 --> 00:17:15,200 Speaker 1: what you're used to paying, partially because you don't actually 397 00:17:15,800 --> 00:17:18,200 Speaker 1: see the gas tax coming out of your wallet. It's 398 00:17:18,240 --> 00:17:21,320 Speaker 1: embedded part of your daily commute. Yeah, well it's embedded 399 00:17:21,359 --> 00:17:24,160 Speaker 1: in that price per gallons when you pay, and so 400 00:17:24,440 --> 00:17:27,280 Speaker 1: you're not actually visualizing and you don't know how much 401 00:17:27,320 --> 00:17:29,480 Speaker 1: money is going to that gas tax. But typically the 402 00:17:29,520 --> 00:17:32,720 Speaker 1: average person, the way they drive, they're paying roughly seventy 403 00:17:32,720 --> 00:17:36,440 Speaker 1: dollars a year in gas taxes as a gas vehicle driver. 404 00:17:36,760 --> 00:17:38,800 Speaker 1: But the typical amount of these new state fees for 405 00:17:38,840 --> 00:17:41,919 Speaker 1: electric vehicle owners are right around two outer bucks, and 406 00:17:41,960 --> 00:17:44,640 Speaker 1: so that is a little bit steeper, and it's coming 407 00:17:44,680 --> 00:17:46,280 Speaker 1: straight out of your wallet. Is that just a straight 408 00:17:46,480 --> 00:17:48,320 Speaker 1: flat feed though, or is it metered? No, it's a 409 00:17:48,320 --> 00:17:50,359 Speaker 1: straight se I think that's lame because I think it 410 00:17:50,400 --> 00:17:52,960 Speaker 1: should be completely based on how much you use it, right, Like, 411 00:17:53,000 --> 00:17:55,399 Speaker 1: I mean, just like with us, we we hardly drive, 412 00:17:55,440 --> 00:17:58,200 Speaker 1: and so because of that, we experience less of that tax. 413 00:17:58,240 --> 00:18:00,320 Speaker 1: I feel like the same should be true of electric 414 00:18:00,359 --> 00:18:02,520 Speaker 1: vehicle owners. But then you're talking about letting the state 415 00:18:02,520 --> 00:18:05,480 Speaker 1: monitor you're driving, see how many miles you're you're driving 416 00:18:05,480 --> 00:18:07,080 Speaker 1: in in a year, and so I thought you like 417 00:18:07,160 --> 00:18:09,399 Speaker 1: the government, Well, you know, it's it's just one of 418 00:18:09,440 --> 00:18:11,560 Speaker 1: those things that people would feel uncomfortable with, right, like 419 00:18:11,960 --> 00:18:13,879 Speaker 1: having the state note where and when and how much 420 00:18:13,880 --> 00:18:16,200 Speaker 1: you're driving. But so it is a flat fee in 421 00:18:16,200 --> 00:18:18,720 Speaker 1: most states. That's kind of how they're getting around the 422 00:18:18,760 --> 00:18:21,600 Speaker 1: proliferation of electric vehicles. Are saying, you know what, you're 423 00:18:21,600 --> 00:18:23,280 Speaker 1: gonna have to pay your fair share and it's typically 424 00:18:23,320 --> 00:18:25,000 Speaker 1: going to be around two hundred bucks a year. So 425 00:18:25,000 --> 00:18:28,639 Speaker 1: that is a downside of electric vehicle ownership, but just 426 00:18:28,720 --> 00:18:30,959 Speaker 1: something you need to know in advance. Very true, man. 427 00:18:30,960 --> 00:18:32,359 Speaker 1: All Right, So we've been talking about some of the 428 00:18:32,359 --> 00:18:35,120 Speaker 1: downsides of electric vehicles, but in the next section we're 429 00:18:35,119 --> 00:18:37,520 Speaker 1: gonna get to some of the benefits, some of the 430 00:18:37,560 --> 00:18:41,160 Speaker 1: advantages to driving an electric vehicle. This is your favorite section, Joel, 431 00:18:41,720 --> 00:18:53,480 Speaker 1: and we'll get to that right after the break. All right, Matt, 432 00:18:53,480 --> 00:18:55,239 Speaker 1: we're back from the break, and now we're onto the 433 00:18:55,280 --> 00:18:58,280 Speaker 1: best part of this episode, talking about why electric vehicles 434 00:18:58,320 --> 00:19:01,160 Speaker 1: are so stinking awesome and why it's so much better 435 00:19:01,200 --> 00:19:03,440 Speaker 1: to have an electric vehicle than a gas powered one. 436 00:19:03,440 --> 00:19:05,359 Speaker 1: It's worth saying that you're a total fanboy, you're a 437 00:19:05,359 --> 00:19:10,200 Speaker 1: big old electric vehicle shill or snob, I don't know whatever. Yeah, 438 00:19:10,359 --> 00:19:12,119 Speaker 1: all right, but let's kind of get into it some 439 00:19:12,160 --> 00:19:15,800 Speaker 1: of the specific reasons why buying a electric vehicle might 440 00:19:15,800 --> 00:19:18,359 Speaker 1: make sense for you, and the positive trade offs of 441 00:19:18,520 --> 00:19:21,359 Speaker 1: ditching your gas powered car and going electric. And one 442 00:19:21,520 --> 00:19:24,280 Speaker 1: is the total cost of ownership is substantially lower over 443 00:19:24,320 --> 00:19:27,359 Speaker 1: the life of that car. And we discussed before a 444 00:19:27,400 --> 00:19:29,000 Speaker 1: mat on a show way back in the day. There's 445 00:19:29,000 --> 00:19:31,719 Speaker 1: a story about the Tesla Model three how it had 446 00:19:31,760 --> 00:19:35,440 Speaker 1: a cheaper overall cost of ownership then for someone buying 447 00:19:35,480 --> 00:19:37,800 Speaker 1: a new Toyota Corolla. And part of that was because 448 00:19:37,840 --> 00:19:40,600 Speaker 1: over time that Tesla just appreciated far less than the 449 00:19:40,640 --> 00:19:43,760 Speaker 1: Corolla did, even though Corollas maintained the value pretty well too. 450 00:19:43,880 --> 00:19:45,800 Speaker 1: But then the other thing is the lower maintenance, the 451 00:19:45,840 --> 00:19:47,920 Speaker 1: lower cost of fuel. You know, you're saving on that too. 452 00:19:48,160 --> 00:19:51,720 Speaker 1: So an electric car is going to have this overall 453 00:19:51,760 --> 00:19:54,720 Speaker 1: lower cost of ownership if you hold onto it for 454 00:19:54,840 --> 00:19:57,000 Speaker 1: a decent period of time. Well, so here's the thing, 455 00:19:57,000 --> 00:19:58,840 Speaker 1: I have a slight bone to pick with that article. 456 00:19:59,400 --> 00:20:03,160 Speaker 1: They specific really focused on the Tesla three, which that's great, 457 00:20:03,280 --> 00:20:04,920 Speaker 1: you know, that's that's the car that chose to kind 458 00:20:04,920 --> 00:20:07,199 Speaker 1: of analyze there. And while that's true, I think for 459 00:20:07,240 --> 00:20:09,360 Speaker 1: the Tesla three, I don't think the same is true 460 00:20:09,359 --> 00:20:11,680 Speaker 1: when it comes to say a Chevy Bolt or maybe 461 00:20:11,680 --> 00:20:13,879 Speaker 1: even like a Nissan Leaf right, like no offense. But 462 00:20:14,520 --> 00:20:16,480 Speaker 1: I think the reason that Tesla holds its value so 463 00:20:16,560 --> 00:20:19,320 Speaker 1: much is because it's a Tesla, like it's sexy, and 464 00:20:19,359 --> 00:20:22,040 Speaker 1: because Elon Musk is this crazy dude behind you know, 465 00:20:22,119 --> 00:20:23,879 Speaker 1: the design of these vehicles and all this, and this 466 00:20:23,920 --> 00:20:26,320 Speaker 1: applies a little more limited on those exactly the demands 467 00:20:26,359 --> 00:20:28,720 Speaker 1: really high and the supplies limited, and so because of 468 00:20:28,760 --> 00:20:30,639 Speaker 1: that there, I think that has a lot to do 469 00:20:30,680 --> 00:20:34,680 Speaker 1: with the depreciation specifically for Tesla's. Like honestly, I feel 470 00:20:34,680 --> 00:20:37,440 Speaker 1: like it does parallel iPhones a little bit, like right 471 00:20:37,440 --> 00:20:40,359 Speaker 1: when the first iPhones came out, do people were waiting 472 00:20:40,400 --> 00:20:42,880 Speaker 1: in line. I will admit I was one of those 473 00:20:42,880 --> 00:20:45,440 Speaker 1: people for the first for my first few iPhones when 474 00:20:45,440 --> 00:20:47,920 Speaker 1: they came out, Like I was there at the mall. 475 00:20:48,240 --> 00:20:50,600 Speaker 1: This is part of my previous life. But what's because 476 00:20:50,600 --> 00:20:52,280 Speaker 1: I wanted to get my hands on that new iPhone, 477 00:20:52,400 --> 00:20:54,760 Speaker 1: and because I also knew that I could sell my 478 00:20:54,840 --> 00:20:56,720 Speaker 1: old iPhone and get a lot of money for that 479 00:20:56,760 --> 00:20:59,080 Speaker 1: to but towards that new iPhone, there was such a 480 00:20:59,160 --> 00:21:01,359 Speaker 1: pence up demand and for that, And so I do 481 00:21:01,440 --> 00:21:03,959 Speaker 1: think that's something worth considering, is that there might be 482 00:21:03,960 --> 00:21:07,320 Speaker 1: that depreciation, you know, as new technology gets implemented into 483 00:21:07,359 --> 00:21:10,800 Speaker 1: new vehicles, but specifically with Tesla's I totally agree. I mean, 484 00:21:10,840 --> 00:21:13,639 Speaker 1: there's something about them that's special. They look awesome, it 485 00:21:13,680 --> 00:21:17,119 Speaker 1: has this entire culture surrounding it, not unlike iPhones and 486 00:21:17,440 --> 00:21:20,400 Speaker 1: Steve Jobs. I think Elon Musk is basically the new 487 00:21:20,440 --> 00:21:22,600 Speaker 1: Steve Jobs. Yeah. No, I agree with you in a 488 00:21:22,640 --> 00:21:24,879 Speaker 1: lot of ways. I will say, I think that the 489 00:21:24,880 --> 00:21:27,399 Speaker 1: total cost of ownership article agreed, while it was a Tesla, 490 00:21:27,680 --> 00:21:30,040 Speaker 1: that's going to enhance the lack of depreciation. But there 491 00:21:30,080 --> 00:21:32,640 Speaker 1: are these other ways in which an electric vehicle can 492 00:21:32,680 --> 00:21:35,560 Speaker 1: contribute to the lower overall total cost of ownership, right, 493 00:21:35,680 --> 00:21:38,399 Speaker 1: and so let's talk about maintenance certainly. Yeah, maintenances is 494 00:21:38,440 --> 00:21:40,920 Speaker 1: one of those big ones, and and in my opinion, 495 00:21:41,080 --> 00:21:43,679 Speaker 1: it's my number one reason why I like owning an 496 00:21:43,720 --> 00:21:47,320 Speaker 1: electric vehicle. It's the lack of needed maintenance. Really, they're 497 00:21:47,320 --> 00:21:50,960 Speaker 1: basically like supercharge go carts, and so you have to 498 00:21:50,960 --> 00:21:52,760 Speaker 1: do almost nothing to them over time. There's not all 499 00:21:52,760 --> 00:21:57,200 Speaker 1: these moving parts. There's no transmission or radiator or belts 500 00:21:57,240 --> 00:21:59,560 Speaker 1: and hoses and stuff like that. It's yeah, it basically 501 00:21:59,600 --> 00:22:01,400 Speaker 1: is this go card. The battery is is the main 502 00:22:01,480 --> 00:22:03,160 Speaker 1: thing that's powering you mat or in the motor man. 503 00:22:03,240 --> 00:22:04,960 Speaker 1: And the only things that you have to really change 504 00:22:04,960 --> 00:22:07,119 Speaker 1: our brake pads and tires, and even the brake pads 505 00:22:07,200 --> 00:22:11,199 Speaker 1: last for almost forever because of regenerative breaking. So if 506 00:22:11,200 --> 00:22:13,440 Speaker 1: you hate doing car maintenance or going to the mechanic 507 00:22:13,640 --> 00:22:16,159 Speaker 1: like ever, well in e V will basically get you 508 00:22:16,160 --> 00:22:18,080 Speaker 1: out of that conundrum for the most part. And so 509 00:22:18,160 --> 00:22:20,439 Speaker 1: that's one of my favorite things. And it also just 510 00:22:20,480 --> 00:22:23,119 Speaker 1: contributes to the lower overall cost that you're going to 511 00:22:23,200 --> 00:22:27,080 Speaker 1: incur because maintenance costs are almost nothing when you own 512 00:22:27,119 --> 00:22:29,320 Speaker 1: an electric vehicle, but you still have to get your 513 00:22:29,440 --> 00:22:31,639 Speaker 1: your steering aligned right then that cost a ton of money. 514 00:22:32,119 --> 00:22:34,040 Speaker 1: It's pretty cheap, man, it's pretty cheap that and when 515 00:22:34,119 --> 00:22:36,679 Speaker 1: the wiper fluid super cheap. I've changed the tires once 516 00:22:37,080 --> 00:22:39,560 Speaker 1: and had the alignment done once, but other than that, 517 00:22:39,640 --> 00:22:41,880 Speaker 1: like I've had pretty much nothing done to the car. 518 00:22:41,960 --> 00:22:45,560 Speaker 1: It's it's been really really inexpensive to maintain, and so yeah, 519 00:22:45,600 --> 00:22:48,040 Speaker 1: I just like not having to think about maintenance at all. Well, yeah, 520 00:22:48,040 --> 00:22:50,919 Speaker 1: that's a serious advantage that electric vehicle owners have. Another 521 00:22:51,000 --> 00:22:54,000 Speaker 1: is how affordable it can be to fuel your electric vehicle, 522 00:22:54,080 --> 00:22:57,879 Speaker 1: and that's through electricity, not through traditional gasoline fuel. With 523 00:22:57,920 --> 00:23:00,639 Speaker 1: traditional vehicles that run on gasoline, like, you're subject to 524 00:23:00,680 --> 00:23:03,600 Speaker 1: the fluctuation of oil prices, right, And if you live 525 00:23:03,640 --> 00:23:06,840 Speaker 1: in a place with perpetually high gas prices, for instance California, 526 00:23:07,119 --> 00:23:09,880 Speaker 1: then an electric vehicle likely makes even more sense for you. 527 00:23:09,960 --> 00:23:12,840 Speaker 1: So if you can mostly charge at home, your monthly 528 00:23:12,920 --> 00:23:15,040 Speaker 1: energy costs to feel your e V will be far 529 00:23:15,160 --> 00:23:18,440 Speaker 1: lower than your typical gas costs. And the other thing 530 00:23:18,520 --> 00:23:20,159 Speaker 1: is that the more miles you drive every day, the 531 00:23:20,160 --> 00:23:23,240 Speaker 1: more you're going to actually realize the reduced total cost 532 00:23:23,280 --> 00:23:25,760 Speaker 1: of ownership. Right. So, for example, back in an episode 533 00:23:25,760 --> 00:23:27,879 Speaker 1: A hundred, we tackled a question from Will where he 534 00:23:27,960 --> 00:23:31,160 Speaker 1: drives about a hundred and sixty miles a day for work. 535 00:23:31,680 --> 00:23:35,280 Speaker 1: That's so far that's driving, and we calculated that the 536 00:23:35,320 --> 00:23:38,760 Speaker 1: difference in the cost of gasoline versus electricity would mean 537 00:23:38,760 --> 00:23:40,760 Speaker 1: that he would be able to save over five thousand 538 00:23:40,800 --> 00:23:44,119 Speaker 1: dollars a year and fuel costs alone. Yeah, and I 539 00:23:44,119 --> 00:23:46,800 Speaker 1: think that for most people, they don't drive nearly that much. 540 00:23:46,960 --> 00:23:49,240 Speaker 1: It's not going to be that big of a disparity, 541 00:23:49,320 --> 00:23:51,920 Speaker 1: but it is something for sure. And I think people 542 00:23:52,000 --> 00:23:55,000 Speaker 1: often over elevate the cost of gas and they're like, 543 00:23:55,000 --> 00:23:56,760 Speaker 1: I need to go electric because I'm spending too much 544 00:23:56,760 --> 00:23:58,159 Speaker 1: on gas, But they might be spending more like a 545 00:23:58,240 --> 00:24:00,520 Speaker 1: hundred bucks on gas, and we over inflate that in 546 00:24:00,520 --> 00:24:02,440 Speaker 1: our mind as being this huge part of our budget. 547 00:24:02,520 --> 00:24:04,600 Speaker 1: But really, for most people, gas is not the thing. 548 00:24:04,800 --> 00:24:06,560 Speaker 1: It's not the tipping point that's going to cause you 549 00:24:06,600 --> 00:24:09,400 Speaker 1: to consider an electric vehicle, unless you're somebody like Will 550 00:24:09,440 --> 00:24:12,600 Speaker 1: who drives just an insane amount. Right. Indeed, and let's 551 00:24:12,640 --> 00:24:14,880 Speaker 1: talk about another major benefit of going electric, and that's 552 00:24:14,960 --> 00:24:17,600 Speaker 1: the taxing centers that are available to you when you 553 00:24:17,640 --> 00:24:19,800 Speaker 1: do buy an electric car. And while these aren't as 554 00:24:19,840 --> 00:24:21,600 Speaker 1: good as they used to be, the taxing centers being 555 00:24:21,640 --> 00:24:23,960 Speaker 1: offered can still make a big difference in tipping the 556 00:24:23,960 --> 00:24:26,400 Speaker 1: scales towards buying an electric vehicle. Can make it makes 557 00:24:26,440 --> 00:24:29,800 Speaker 1: sense some states still have tax credits available that will 558 00:24:29,840 --> 00:24:32,280 Speaker 1: allow you to offset some of that upfront cost. Matt. 559 00:24:32,320 --> 00:24:34,240 Speaker 1: When I bought my car, there was a five thousand 560 00:24:34,280 --> 00:24:38,720 Speaker 1: dollar state tax credit and a federal tax credit. It 561 00:24:38,800 --> 00:24:41,600 Speaker 1: almost cut the price of my Niecean Leaf in half. 562 00:24:42,000 --> 00:24:44,159 Speaker 1: So it made it's literally the only time I've ever 563 00:24:44,200 --> 00:24:47,040 Speaker 1: bought a new vehicle. It is probably, I think the 564 00:24:47,080 --> 00:24:49,560 Speaker 1: only time I ever will buy a new vehicle. It 565 00:24:49,680 --> 00:24:51,520 Speaker 1: just made so much sense, and part of that was 566 00:24:51,560 --> 00:24:55,520 Speaker 1: because of just the massive subsidy that I received. And so, yeah, 567 00:24:55,520 --> 00:24:57,840 Speaker 1: what what did your taxes look like that year? Well, 568 00:24:57,680 --> 00:25:00,600 Speaker 1: it's a straight check, so it was great. The tax 569 00:25:00,640 --> 00:25:03,359 Speaker 1: credit is beautiful because literally I just gotta check. I 570 00:25:03,400 --> 00:25:05,800 Speaker 1: think the federal one it depended on your income to 571 00:25:05,800 --> 00:25:08,520 Speaker 1: a certain degree, and so I received that check over 572 00:25:08,680 --> 00:25:11,560 Speaker 1: a couple of years. But yeah, it was awesome, man, 573 00:25:11,840 --> 00:25:14,560 Speaker 1: it was great. I paid the full price up front 574 00:25:14,560 --> 00:25:16,800 Speaker 1: for the car and then got these you know, massive 575 00:25:16,880 --> 00:25:19,400 Speaker 1: checks back at tax time. Very nice. It will get 576 00:25:19,440 --> 00:25:21,760 Speaker 1: into a little more on the specifics of how you 577 00:25:21,880 --> 00:25:24,680 Speaker 1: navigate those tax incentives when you're purchasing a n e 578 00:25:24,760 --> 00:25:26,480 Speaker 1: V in just a minute. Yeah, and when it comes 579 00:25:26,480 --> 00:25:28,320 Speaker 1: to electric vehicles, of course, we need to talk about 580 00:25:28,359 --> 00:25:31,720 Speaker 1: how they are cleaner and they're quieter to operate. They 581 00:25:31,760 --> 00:25:34,439 Speaker 1: are so quiet that manufacturers are looking into some different 582 00:25:34,440 --> 00:25:37,600 Speaker 1: sound effects that will make their electric vehicles more noticeable 583 00:25:37,600 --> 00:25:39,400 Speaker 1: on the road. I hope I get to create my own. 584 00:25:40,440 --> 00:25:42,119 Speaker 1: Oh what if it was like a ring tone, you know, 585 00:25:42,160 --> 00:25:44,000 Speaker 1: like on your phone. You can like create your own ringtone. 586 00:25:44,040 --> 00:25:45,439 Speaker 1: You can like choose a snippet from a phone. What 587 00:25:45,560 --> 00:25:48,040 Speaker 1: if you could just choose like a thirty second loop 588 00:25:48,119 --> 00:25:49,879 Speaker 1: and then like that's what sound your car makes when 589 00:25:49,920 --> 00:25:51,560 Speaker 1: you're driving. Would be so great. I totally be like 590 00:25:51,600 --> 00:25:54,679 Speaker 1: clown car going down the road would be great. But 591 00:25:54,920 --> 00:25:56,480 Speaker 1: I mean this is a serious thing though, because a 592 00:25:56,480 --> 00:25:59,880 Speaker 1: lot of folks who aren't used to vehicles not making 593 00:26:00,000 --> 00:26:03,199 Speaker 1: the noise, well, they're getting hit by cars and that's terrible. 594 00:26:03,320 --> 00:26:05,439 Speaker 1: So we don't want that to happen. And this is 595 00:26:05,560 --> 00:26:08,760 Speaker 1: especially important when you're driving in pedestrian areas, but bike 596 00:26:08,800 --> 00:26:11,200 Speaker 1: friendly areas as well. Man, when I'm riding my bike, 597 00:26:11,520 --> 00:26:13,359 Speaker 1: guess what kind of vehicle. I don't like being behind 598 00:26:13,760 --> 00:26:16,399 Speaker 1: an old, busted up diesel that's like spewing smoke, Like 599 00:26:16,480 --> 00:26:19,239 Speaker 1: that's just the most disgusting thing ever. But I do 600 00:26:19,359 --> 00:26:23,000 Speaker 1: really like biking behind your niece on leaf or let tesla, 601 00:26:23,119 --> 00:26:25,760 Speaker 1: you know, like any electric vehicle, it's so nice being 602 00:26:25,760 --> 00:26:28,520 Speaker 1: directly behind because you're not sucking in all those fumes. Yeah, man, 603 00:26:28,560 --> 00:26:30,879 Speaker 1: totally alright. So on that note, let's talk about some 604 00:26:30,920 --> 00:26:35,720 Speaker 1: of the environmental concerns that people have when they're buying 605 00:26:35,760 --> 00:26:39,560 Speaker 1: an electric vehicle. And there's been more and more recently 606 00:26:39,640 --> 00:26:42,480 Speaker 1: made of the fact that the process for creating these 607 00:26:42,480 --> 00:26:45,240 Speaker 1: batteries isn't necessarily the cleanest thing in the world. And 608 00:26:45,280 --> 00:26:49,320 Speaker 1: so while electric vehicles have been touted for their environmental friendliness, 609 00:26:49,520 --> 00:26:52,000 Speaker 1: well is that the case? And so Matt, so much 610 00:26:52,000 --> 00:26:53,800 Speaker 1: more has come out on this in the past year 611 00:26:54,200 --> 00:26:57,080 Speaker 1: that it really is helpful in us making our decision, 612 00:26:57,200 --> 00:26:59,800 Speaker 1: especially if we're really concerned about how clean our vehicles are. 613 00:27:00,119 --> 00:27:02,440 Speaker 1: And it's true that that battery making process is kind 614 00:27:02,480 --> 00:27:05,120 Speaker 1: of dirty, but when you compare that against the lifetime 615 00:27:05,119 --> 00:27:08,480 Speaker 1: emissions of a gas vehicle, electric vehicles come out looking 616 00:27:08,560 --> 00:27:10,879 Speaker 1: much better in a head to head comparison. There's this 617 00:27:10,960 --> 00:27:13,919 Speaker 1: awesome article in the Financial Times that will link to 618 00:27:13,960 --> 00:27:15,840 Speaker 1: in the show notes, and I think you need to 619 00:27:15,880 --> 00:27:17,760 Speaker 1: have a subscription to read it, but it's a really 620 00:27:17,760 --> 00:27:21,280 Speaker 1: good article. It doesn't take a lifetime for that EV 621 00:27:21,600 --> 00:27:26,440 Speaker 1: to overcompensate for that battery process being dirty. It really 622 00:27:26,440 --> 00:27:29,920 Speaker 1: only takes about seventy miles of driving to break even 623 00:27:29,920 --> 00:27:31,920 Speaker 1: with a gas powered car, and then every mile after 624 00:27:31,960 --> 00:27:35,520 Speaker 1: that is basically gravy. It's a much cleaner mile driven. 625 00:27:35,760 --> 00:27:38,159 Speaker 1: And so yeah, it's definitely an important consideration, but it 626 00:27:38,240 --> 00:27:40,199 Speaker 1: is something that people talk about a lot when it 627 00:27:40,240 --> 00:27:43,200 Speaker 1: comes to purchasing an electric vehicle and whether it makes sense, 628 00:27:43,400 --> 00:27:46,320 Speaker 1: and I think environmentally, when you look at the emissions comparisons, 629 00:27:46,600 --> 00:27:48,800 Speaker 1: you know, evs do make a whole lot of sense 630 00:27:48,880 --> 00:27:51,040 Speaker 1: when you're looking at him from that angle. Yeah, I mean, 631 00:27:51,040 --> 00:27:54,679 Speaker 1: you could even potentially become energy independent. If you combine 632 00:27:54,720 --> 00:27:58,119 Speaker 1: an electric vehicle with an at home solar system, you 633 00:27:58,160 --> 00:27:59,880 Speaker 1: might be able to cut the cost of feeling your car. 634 00:28:00,080 --> 00:28:03,920 Speaker 1: Even more so, if going green and becoming energy independent, 635 00:28:04,320 --> 00:28:07,080 Speaker 1: if that's of high importance to you, then it's actually 636 00:28:07,240 --> 00:28:10,440 Speaker 1: going to be achievable with an electric car. It's gonna 637 00:28:10,440 --> 00:28:12,880 Speaker 1: be pretty tough to be able to refine your own 638 00:28:12,880 --> 00:28:15,879 Speaker 1: oil and make your own gasoline. That's never gonna happen. 639 00:28:16,800 --> 00:28:19,760 Speaker 1: But when it comes to powering, you're never never Matt, hey, 640 00:28:19,880 --> 00:28:21,080 Speaker 1: you might be able to be done. I mean, if 641 00:28:21,119 --> 00:28:22,800 Speaker 1: folks are making their own beer at home with like 642 00:28:22,840 --> 00:28:24,520 Speaker 1: the instant pots. Have you seen these, by the way, 643 00:28:24,720 --> 00:28:26,680 Speaker 1: there's like this, it's like an espresso, but for beer. 644 00:28:27,000 --> 00:28:29,000 Speaker 1: I have seen that. I think it's that can't be 645 00:28:29,160 --> 00:28:31,239 Speaker 1: that good, right, No, I know, I don't think so. 646 00:28:31,520 --> 00:28:33,360 Speaker 1: And also at the same time, very expensive to greet 647 00:28:33,400 --> 00:28:35,760 Speaker 1: that beer. That's it's like really expensive to make, you know, 648 00:28:36,119 --> 00:28:39,080 Speaker 1: crappy beer, yea, or or average at best or average Yeah, 649 00:28:39,640 --> 00:28:40,959 Speaker 1: But the same thing is true, like you can't you're 650 00:28:40,960 --> 00:28:42,280 Speaker 1: not gonna be able to do that with gasoline. But 651 00:28:42,280 --> 00:28:45,200 Speaker 1: when it comes to solar power, electricity is electricity, and 652 00:28:45,200 --> 00:28:47,120 Speaker 1: if you're able to create that from the sun with 653 00:28:47,120 --> 00:28:49,040 Speaker 1: your panels that you've got on your roof, and more 654 00:28:49,080 --> 00:28:51,040 Speaker 1: power to you. All right, Matt, Let's talk about just 655 00:28:51,120 --> 00:28:54,080 Speaker 1: a couple of the small perks that come with being 656 00:28:54,160 --> 00:28:56,680 Speaker 1: an e V owner, and you know, one is that 657 00:28:56,720 --> 00:28:58,280 Speaker 1: you don't have to deal with gas stations. We talked 658 00:28:58,280 --> 00:29:01,040 Speaker 1: about kind of the con of that on the front end, 659 00:29:01,240 --> 00:29:03,880 Speaker 1: but if you don't take your vehicle on long trips 660 00:29:04,000 --> 00:29:06,360 Speaker 1: like me, you never have to go to a gas station. 661 00:29:06,440 --> 00:29:09,040 Speaker 1: So I come home, I plug in, I walk inside. 662 00:29:09,080 --> 00:29:10,440 Speaker 1: I never have to go to one. And the only 663 00:29:10,440 --> 00:29:12,040 Speaker 1: time I ever have to go is if I want 664 00:29:12,040 --> 00:29:13,840 Speaker 1: a candy bar, or I want to wash my windshield. 665 00:29:14,120 --> 00:29:15,680 Speaker 1: That's the only time I go to the gas station, 666 00:29:15,880 --> 00:29:17,600 Speaker 1: or or you can go and fill your tires with 667 00:29:17,600 --> 00:29:19,720 Speaker 1: air for free, because the gas stations always have like 668 00:29:19,760 --> 00:29:21,840 Speaker 1: the free air. All right, let's talk about a couple 669 00:29:21,840 --> 00:29:25,080 Speaker 1: more quick benefits small perks of electric vehicles. One, they're 670 00:29:25,120 --> 00:29:27,360 Speaker 1: fun to drive. A lot of people don't realize that 671 00:29:27,440 --> 00:29:30,280 Speaker 1: electric vehicles are just a blast to drive, and so 672 00:29:30,360 --> 00:29:32,400 Speaker 1: if you haven't been behind the wheel of one, you 673 00:29:32,440 --> 00:29:34,680 Speaker 1: don't understand how great they can be. I will I 674 00:29:34,680 --> 00:29:37,400 Speaker 1: will attest to this as well. Electric vehicles are super fun. Yeah, 675 00:29:37,400 --> 00:29:39,680 Speaker 1: there's zippy right like and and like the the instant 676 00:29:39,720 --> 00:29:43,040 Speaker 1: torque is really nice. So especially like on the highway 677 00:29:43,040 --> 00:29:45,800 Speaker 1: when you're trying to dodge, you know, some crazy person. 678 00:29:45,920 --> 00:29:48,360 Speaker 1: There's a lot of crazy drivers in Atlanta, so sometimes 679 00:29:48,360 --> 00:29:49,760 Speaker 1: you have to kind of hit the gas and and 680 00:29:49,800 --> 00:29:51,920 Speaker 1: go or hit the I don't know what you call it, 681 00:29:51,960 --> 00:29:56,600 Speaker 1: an electric vehicle accelerator accelerator hell, but yeah, you hit that. 682 00:29:56,800 --> 00:29:58,200 Speaker 1: I thought you'd just call it the go go pedal, 683 00:29:58,320 --> 00:30:01,040 Speaker 1: the go go, yeah exactly, So yeah, you gotta hit 684 00:30:01,040 --> 00:30:03,000 Speaker 1: that and go. And so yeah, it's nice, it's zippy. 685 00:30:03,040 --> 00:30:05,040 Speaker 1: It's fun to drive around, that's for sure. I feel 686 00:30:05,040 --> 00:30:06,720 Speaker 1: like one of the reasons maybe our generation is taken 687 00:30:06,720 --> 00:30:09,040 Speaker 1: to electric vehicles as well is because it is instant, 688 00:30:09,080 --> 00:30:11,320 Speaker 1: like that, like so much of our lives is instant, 689 00:30:11,520 --> 00:30:13,400 Speaker 1: and so it's something that we kind of expect. You 690 00:30:13,600 --> 00:30:15,640 Speaker 1: like your engine, it's basically like a series of tiny 691 00:30:15,680 --> 00:30:18,240 Speaker 1: little bit explosions, like there's fire happening in your engine. 692 00:30:18,280 --> 00:30:20,400 Speaker 1: Like it's so old school and it seems so antiquated 693 00:30:20,440 --> 00:30:23,120 Speaker 1: when you talk about it this way, and I think 694 00:30:23,200 --> 00:30:25,160 Speaker 1: an electric vehicle it just makes sense to our generation 695 00:30:25,280 --> 00:30:27,360 Speaker 1: where you used to our purchases showing up instantly, like 696 00:30:27,400 --> 00:30:29,320 Speaker 1: everything is so quick, and I think this is one 697 00:30:29,360 --> 00:30:32,040 Speaker 1: way that maybe electric vehicles are are totally capitalizing on 698 00:30:32,040 --> 00:30:33,960 Speaker 1: that as well. Yeah, for sure. And well what about 699 00:30:34,160 --> 00:30:36,000 Speaker 1: parking spots too, because I think that's one of these 700 00:30:36,080 --> 00:30:38,000 Speaker 1: tiny little perks that maybe you don't really think about, 701 00:30:38,040 --> 00:30:40,840 Speaker 1: but you get pretty much preferential treatment anytime you go 702 00:30:40,920 --> 00:30:43,000 Speaker 1: to like a store and they might have some of 703 00:30:43,000 --> 00:30:47,920 Speaker 1: those electric vehicle spots, right, yeah, sometimes, although that's changed. 704 00:30:48,000 --> 00:30:50,160 Speaker 1: One there are less of those around, and then two 705 00:30:50,640 --> 00:30:53,080 Speaker 1: you feel like you have to charge right because there's 706 00:30:53,120 --> 00:30:55,560 Speaker 1: there's literally a charging station right there. And often times, 707 00:30:55,640 --> 00:30:58,400 Speaker 1: if you're charging on the go, the prices to fill 708 00:30:58,520 --> 00:31:01,320 Speaker 1: up your car way more or than just the price 709 00:31:01,360 --> 00:31:05,040 Speaker 1: of charging at home, So I never fill up. Like 710 00:31:05,080 --> 00:31:06,840 Speaker 1: let's say I go to the local grocery store, there 711 00:31:06,920 --> 00:31:09,520 Speaker 1: is an EV charger there, but I'm gonna pay five 712 00:31:09,560 --> 00:31:11,040 Speaker 1: times a rate of what i'd pay at home, So 713 00:31:11,080 --> 00:31:13,200 Speaker 1: I never charged the only charge at home. But yeah, 714 00:31:13,240 --> 00:31:16,320 Speaker 1: like some of those parking spots do exist, they're fewer 715 00:31:16,360 --> 00:31:18,880 Speaker 1: and far between, and there used to be free chargers 716 00:31:18,880 --> 00:31:21,600 Speaker 1: to kind of entice those EV owners. I think they thought, hey, 717 00:31:21,680 --> 00:31:23,680 Speaker 1: let's bring them in, they're gonna buy some stuff. But 718 00:31:23,800 --> 00:31:25,920 Speaker 1: as the prices have come down, there's like less of 719 00:31:26,000 --> 00:31:28,840 Speaker 1: kind of that incentive. More people have electric vehicles, so 720 00:31:28,840 --> 00:31:30,360 Speaker 1: it's kind of like, well, we don't need to really 721 00:31:30,480 --> 00:31:33,480 Speaker 1: entice people they're here anyway. Yeah, yeah, exactly, So yeah, 722 00:31:33,520 --> 00:31:35,680 Speaker 1: that's not really much of a thing anymore. And yeah, 723 00:31:35,680 --> 00:31:37,880 Speaker 1: I would advise to charge as much as you can 724 00:31:37,920 --> 00:31:39,640 Speaker 1: at home, because that's the way you're gonna be able 725 00:31:39,640 --> 00:31:41,720 Speaker 1: to fill up the most cheaply. Well, speaking of cheap, 726 00:31:41,760 --> 00:31:43,600 Speaker 1: I'm surprised you don't like drive around with like a 727 00:31:43,680 --> 00:31:47,400 Speaker 1: hundred foot extension cord in your car, because that way, 728 00:31:47,400 --> 00:31:49,200 Speaker 1: if you see just like a random outlet somewhere, you 729 00:31:49,240 --> 00:31:51,040 Speaker 1: could like, I can plug it right there and and 730 00:31:51,080 --> 00:31:53,960 Speaker 1: I can make that charge happen on the go, So 731 00:31:53,960 --> 00:31:56,800 Speaker 1: it would totally be cheap, not frugal. And my work, 732 00:31:56,840 --> 00:31:59,640 Speaker 1: it was funny before they actually built out in the 733 00:31:59,640 --> 00:32:02,760 Speaker 1: parking garage a series of charging stations, there were just 734 00:32:03,160 --> 00:32:07,120 Speaker 1: these Bold outlets in the garage and everybody, you know, 735 00:32:07,160 --> 00:32:08,960 Speaker 1: I was one of the first adopter six years ago, 736 00:32:09,200 --> 00:32:11,040 Speaker 1: but there were a few other people that had them, 737 00:32:11,040 --> 00:32:14,000 Speaker 1: and we would always just look for the spots in 738 00:32:14,120 --> 00:32:17,800 Speaker 1: front of Bold outlet and just plug in. And I 739 00:32:17,840 --> 00:32:20,840 Speaker 1: love that because then I'm charging for completely. Yeah, but 740 00:32:20,880 --> 00:32:24,240 Speaker 1: now they charge you money at the fancy stations. But 741 00:32:24,280 --> 00:32:26,480 Speaker 1: all right, Matt, let's get to the specifics on whether 742 00:32:26,520 --> 00:32:30,000 Speaker 1: an electric vehicle is right for somebody or not. All right, 743 00:32:30,080 --> 00:32:42,960 Speaker 1: let's break that down right after the break. Okay, man, 744 00:32:43,000 --> 00:32:45,400 Speaker 1: we're back from the break, and we're asking the question now, like, 745 00:32:45,480 --> 00:32:48,000 Speaker 1: how do you decide whether an electric vehicle is right 746 00:32:48,040 --> 00:32:49,920 Speaker 1: for you. Well, I think one of the considerations that 747 00:32:49,920 --> 00:32:53,040 Speaker 1: you need to keep in mind is distance, Right, how 748 00:32:53,080 --> 00:32:56,360 Speaker 1: far do you typically drive? Kate and I we rarely drive, 749 00:32:56,400 --> 00:32:58,960 Speaker 1: and I mostly work from home. But when I do drive, 750 00:32:59,040 --> 00:33:03,440 Speaker 1: it's oftentime longer distances with our entire family. So for us, 751 00:33:03,640 --> 00:33:07,080 Speaker 1: having a gas powered vehicle makes a lot of sense. 752 00:33:07,440 --> 00:33:09,600 Speaker 1: So if longer drives and road trips are a part 753 00:33:09,640 --> 00:33:12,760 Speaker 1: of your life, then an electric vehicle likely makes less 754 00:33:12,800 --> 00:33:15,360 Speaker 1: sense for you. That is, unless you know mine the 755 00:33:15,400 --> 00:33:18,640 Speaker 1: longer scenic charging stations stops. Man, Like, what if there's 756 00:33:18,640 --> 00:33:21,160 Speaker 1: a giant ball of twine that you get to check 757 00:33:21,200 --> 00:33:23,760 Speaker 1: out while getting that forty minute charge on? See, it's 758 00:33:23,760 --> 00:33:26,240 Speaker 1: a perfect chance to to rest rest your mind, to 759 00:33:26,280 --> 00:33:28,880 Speaker 1: spend some time like a little solitude. I mean, yeah, 760 00:33:28,920 --> 00:33:30,800 Speaker 1: come on, who doesn't want that? I will say, now 761 00:33:30,800 --> 00:33:33,640 Speaker 1: that we have kids, I have taken advantage of rest 762 00:33:33,640 --> 00:33:36,040 Speaker 1: stops more as a single person, And even when when 763 00:33:36,080 --> 00:33:38,200 Speaker 1: kitting I were married, I never stopped at rest stops. 764 00:33:38,200 --> 00:33:39,720 Speaker 1: I thought, like, what's the point of those? Like I'm 765 00:33:39,720 --> 00:33:41,680 Speaker 1: either going to stop to get gas or get some food, 766 00:33:42,080 --> 00:33:43,920 Speaker 1: But sometimes we just pull over just to stretch our 767 00:33:44,000 --> 00:33:45,640 Speaker 1: legs and we'll pull over, kind of walk through the 768 00:33:45,640 --> 00:33:47,960 Speaker 1: little nature area, do some stretching, let the kids run 769 00:33:47,960 --> 00:33:51,239 Speaker 1: around in the grass. Yeah, I get it now, you know. 770 00:33:51,640 --> 00:33:54,160 Speaker 1: And so if there were charging stations at rest stops, 771 00:33:54,480 --> 00:33:56,600 Speaker 1: they need to be doing that. That's true. Maybe there are, 772 00:33:56,600 --> 00:33:58,240 Speaker 1: actually I just don't know. Maybe there are. I've never 773 00:33:58,240 --> 00:34:00,479 Speaker 1: seen any but at one, but you you're probably, I mean, 774 00:34:00,480 --> 00:34:03,360 Speaker 1: I'm sure some states that yeah, there should be. And 775 00:34:03,400 --> 00:34:05,320 Speaker 1: Matt on that note, I don't drive as much as 776 00:34:05,320 --> 00:34:07,320 Speaker 1: I used to overall, but all my driving is done 777 00:34:07,320 --> 00:34:10,640 Speaker 1: within a shorter range. So my EV works for most 778 00:34:10,680 --> 00:34:13,399 Speaker 1: of my trips. My family, my work, and the fun 779 00:34:13,480 --> 00:34:15,360 Speaker 1: things I like to do are all pretty close by. 780 00:34:15,440 --> 00:34:18,239 Speaker 1: So yeah, even with a limited range that I have 781 00:34:18,360 --> 00:34:20,560 Speaker 1: with my old school niece on leaf, it works for me. 782 00:34:20,760 --> 00:34:23,279 Speaker 1: All right, let's talk about another consideration next. You really 783 00:34:23,280 --> 00:34:26,120 Speaker 1: want to assess what your specific vehicle needs are. We 784 00:34:26,160 --> 00:34:29,320 Speaker 1: mentioned earlier that one of the downsides of electric vehicles 785 00:34:29,400 --> 00:34:32,000 Speaker 1: are that they're limited options, and that might be a 786 00:34:32,040 --> 00:34:34,520 Speaker 1: big sticking point for lots of folks. There are actually 787 00:34:34,520 --> 00:34:36,640 Speaker 1: a good number of choices if you're into cars or 788 00:34:36,719 --> 00:34:40,279 Speaker 1: crossover vehicles, but one category that's currently lacking is the van, 789 00:34:40,680 --> 00:34:42,160 Speaker 1: and if you have a large family, that could be 790 00:34:42,200 --> 00:34:44,560 Speaker 1: a deal breaker, at least for now, breaker for me. 791 00:34:44,800 --> 00:34:47,000 Speaker 1: Yeah for you. Well, yeah, that's why I specifically looked 792 00:34:47,080 --> 00:34:49,640 Speaker 1: up the electric vehicle vans and why I knew about 793 00:34:49,680 --> 00:34:51,960 Speaker 1: that canoe. If on one charge, I could drive five 794 00:34:52,360 --> 00:34:54,800 Speaker 1: miles like I can with our van, and also without 795 00:34:54,840 --> 00:34:56,840 Speaker 1: like an eighty thousand dollar price tag like that you 796 00:34:56,880 --> 00:34:59,720 Speaker 1: get with the Tesla long range man, that would totally 797 00:34:59,800 --> 00:35:01,160 Speaker 1: change is the game in my opinion. Well, and I 798 00:35:01,160 --> 00:35:02,839 Speaker 1: think that's what's going to happen in the next five 799 00:35:02,920 --> 00:35:05,120 Speaker 1: to ten years. We're gonna start seeing longer ranges, We're 800 00:35:05,120 --> 00:35:07,600 Speaker 1: gonna start seeing a greater variety of vehicle types, and 801 00:35:07,600 --> 00:35:09,920 Speaker 1: it's just gonna open up the market. And the adoption 802 00:35:09,920 --> 00:35:12,799 Speaker 1: curve for people buying electric vehicles as opposed to gas 803 00:35:12,920 --> 00:35:16,200 Speaker 1: vehicles is is huge. There was an article another article 804 00:35:16,200 --> 00:35:18,239 Speaker 1: I read recently, Matt, where this guy was talking about 805 00:35:18,239 --> 00:35:20,319 Speaker 1: electric vehicles and he said, it's right now is the 806 00:35:20,360 --> 00:35:22,359 Speaker 1: worst time to have to buy a car because you're 807 00:35:22,360 --> 00:35:25,359 Speaker 1: in this the middle of kind of the change. Yeah, 808 00:35:25,400 --> 00:35:27,160 Speaker 1: and you don't want to buy the horse and buggy 809 00:35:27,200 --> 00:35:30,960 Speaker 1: electric vehicle that's gonna you know, be obsolete in in 810 00:35:31,040 --> 00:35:34,520 Speaker 1: five years, And I knew want the model T Yeah, yeah, yeah, 811 00:35:34,719 --> 00:35:36,640 Speaker 1: I knew when I bought my niece on Leaf that 812 00:35:36,680 --> 00:35:38,440 Speaker 1: it was going to be for all intents and purposes, 813 00:35:38,520 --> 00:35:41,040 Speaker 1: basically it was going to be obsolete in five years. 814 00:35:41,080 --> 00:35:43,000 Speaker 1: I knew that. But I also knew that it was 815 00:35:43,000 --> 00:35:45,000 Speaker 1: gonna work for the way I drive for at least 816 00:35:45,040 --> 00:35:47,879 Speaker 1: ten years. And you have the sweet tax in sentences. Yeah, 817 00:35:47,880 --> 00:35:49,200 Speaker 1: And because of that, I was like, you know what, 818 00:35:49,280 --> 00:35:51,279 Speaker 1: I'm ready to pounce. I'm ready to do this, but 819 00:35:51,360 --> 00:35:53,360 Speaker 1: I understand for most folks like you might want to 820 00:35:53,360 --> 00:35:55,880 Speaker 1: wait a couple of years, because that's when you might 821 00:35:55,920 --> 00:35:58,520 Speaker 1: hit the sweet spot of kind of greater range and 822 00:35:58,520 --> 00:36:01,560 Speaker 1: a greater variety of ver possibilities at the same time. Yeah, 823 00:36:01,760 --> 00:36:04,200 Speaker 1: you could not agree more. And I just mentioned tax 824 00:36:04,200 --> 00:36:05,759 Speaker 1: and centers, but that's something else that you need to 825 00:36:05,760 --> 00:36:08,160 Speaker 1: consider as well, Like does the make and model of 826 00:36:08,200 --> 00:36:10,880 Speaker 1: electric vehicle that you're looking to buy avail you to 827 00:36:11,160 --> 00:36:14,040 Speaker 1: any federal tax credits. That's something you need to check. 828 00:36:14,200 --> 00:36:15,960 Speaker 1: And not only at the federal level too, but look 829 00:36:15,960 --> 00:36:18,280 Speaker 1: at the state level. Look and see if your state 830 00:36:18,520 --> 00:36:21,759 Speaker 1: is electric vehicle friendly. The additional tax credits that you 831 00:36:21,760 --> 00:36:24,400 Speaker 1: can get from your state could be a major factor 832 00:36:24,440 --> 00:36:26,520 Speaker 1: in deciding to take the plunge as to whether or 833 00:36:26,520 --> 00:36:28,560 Speaker 1: not you should get an electric vehicle. Yeah, and we'll 834 00:36:28,560 --> 00:36:31,360 Speaker 1: put a link to an article that kind of references 835 00:36:31,400 --> 00:36:33,759 Speaker 1: all the states that do offer tax incentives for buying 836 00:36:33,760 --> 00:36:35,640 Speaker 1: an electric vehicle, So you can find that on our 837 00:36:35,640 --> 00:36:38,120 Speaker 1: website at how to money dot com. And Matt, what 838 00:36:38,160 --> 00:36:40,719 Speaker 1: about buying used because we've mostly been talking about kind of, 839 00:36:40,960 --> 00:36:43,120 Speaker 1: you know, buying a new electric vehicle. That's kind of 840 00:36:43,160 --> 00:36:45,440 Speaker 1: the assumption here because so much is changed in the 841 00:36:45,480 --> 00:36:48,840 Speaker 1: past few years. Well, if you do consider buying a 842 00:36:48,960 --> 00:36:51,560 Speaker 1: used electric vehicle, and I think you should, you'll miss 843 00:36:51,560 --> 00:36:54,160 Speaker 1: out on some of these tax credits, right, But some 844 00:36:54,239 --> 00:36:57,600 Speaker 1: of these electric vehicles have appreciated so much because of 845 00:36:57,600 --> 00:37:00,719 Speaker 1: that tax credit, it's it's almost baked into their value now. So, 846 00:37:01,360 --> 00:37:03,960 Speaker 1: for instance, if a used leaf works for you like 847 00:37:04,000 --> 00:37:05,919 Speaker 1: it does for me, if it works for the way 848 00:37:05,920 --> 00:37:08,920 Speaker 1: you drive, you can save so much money by buying 849 00:37:09,040 --> 00:37:10,960 Speaker 1: a five or six year old nieces On leaf. You 850 00:37:10,960 --> 00:37:13,319 Speaker 1: can get it for let's say six thousand dollars, right, 851 00:37:13,320 --> 00:37:15,959 Speaker 1: which is insane for a car with forty or fifty 852 00:37:15,960 --> 00:37:18,440 Speaker 1: thou miles on it and you can drive it for 853 00:37:18,480 --> 00:37:21,560 Speaker 1: the next ten years, and essentially you bought this incredibly 854 00:37:21,600 --> 00:37:24,880 Speaker 1: cheap car. If it works for your lifestyle that doesn't 855 00:37:24,920 --> 00:37:27,480 Speaker 1: cost you almost anything to run or to fuel or 856 00:37:27,640 --> 00:37:30,200 Speaker 1: maintenance costs. I mean, that is the best of both worlds. 857 00:37:30,239 --> 00:37:32,640 Speaker 1: I think for people who don't need a ton of 858 00:37:32,719 --> 00:37:34,800 Speaker 1: range in their cars, Yeah, it's perfect man for just 859 00:37:34,840 --> 00:37:37,600 Speaker 1: scooting around town. And I think an electric vehicle could 860 00:37:37,640 --> 00:37:39,480 Speaker 1: also work really well if you're a two car family, 861 00:37:39,719 --> 00:37:41,760 Speaker 1: if it works for how you drive, having one electric 862 00:37:41,840 --> 00:37:44,239 Speaker 1: vehicle and then one gas powered car, that can allow 863 00:37:44,280 --> 00:37:46,240 Speaker 1: you to have sort of the best of both worlds 864 00:37:46,280 --> 00:37:49,000 Speaker 1: as well. Yeah, I agree, and and that works really 865 00:37:49,000 --> 00:37:51,440 Speaker 1: well for our family, Matt. And another thing I think 866 00:37:51,440 --> 00:37:53,239 Speaker 1: people might be asking right now is like, well, what 867 00:37:53,280 --> 00:37:57,000 Speaker 1: about plug in electrics and or hybrid vehicles? And I 868 00:37:57,000 --> 00:37:59,160 Speaker 1: think there are some great plug in vehicles and hybrids 869 00:37:59,160 --> 00:38:00,480 Speaker 1: out there, Like I don't want to ash on them. 870 00:38:00,480 --> 00:38:03,640 Speaker 1: I think there are some great offerings in both those spaces. 871 00:38:03,680 --> 00:38:06,239 Speaker 1: The main problem I have, though, with choosing one of 872 00:38:06,280 --> 00:38:09,759 Speaker 1: those over an electric vehicle is that you'll still be 873 00:38:09,800 --> 00:38:12,960 Speaker 1: maintaining and repairing traditional car parts. In my mind, the 874 00:38:13,000 --> 00:38:16,200 Speaker 1: best benefit of having an e V is the lack 875 00:38:16,360 --> 00:38:18,520 Speaker 1: of maintenance and the lack of actually having to think 876 00:38:18,520 --> 00:38:22,040 Speaker 1: about those car parts deteriorating. I love that there's almost 877 00:38:22,080 --> 00:38:24,120 Speaker 1: nothing to think about when it comes to maintenance, and 878 00:38:24,320 --> 00:38:26,600 Speaker 1: you just don't have that when you're looking at a 879 00:38:26,640 --> 00:38:29,960 Speaker 1: plug in vehicle or a hybrid. They can save you 880 00:38:30,000 --> 00:38:32,440 Speaker 1: on fuel, for sure, but it's just not the same thing. 881 00:38:32,440 --> 00:38:35,319 Speaker 1: It's a different it's it's a completely different topic. Yeah. Well, 882 00:38:35,400 --> 00:38:37,400 Speaker 1: you know, if you don't mind some of that regular maintenance, 883 00:38:37,440 --> 00:38:40,000 Speaker 1: it's worth mentioning. So that article that we talked about 884 00:38:40,000 --> 00:38:43,160 Speaker 1: earlier in the episode, that Financial Plans article, they highlighted 885 00:38:43,200 --> 00:38:46,600 Speaker 1: how hybrids actually are by far the best for the 886 00:38:46,680 --> 00:38:48,920 Speaker 1: environment overall. You know, when it comes to the overall 887 00:38:48,960 --> 00:38:52,279 Speaker 1: carbon footprint, electric vehicles are better in the long run 888 00:38:52,400 --> 00:38:55,120 Speaker 1: over gasoline vehicles, but even better or hybrids. And so 889 00:38:55,200 --> 00:38:58,120 Speaker 1: for you, if the environment and going green is the 890 00:38:58,160 --> 00:39:01,400 Speaker 1: top concern, then electric vehic those are definitely a step 891 00:39:01,400 --> 00:39:03,319 Speaker 1: in that direction. But the different hybrids that are out 892 00:39:03,320 --> 00:39:05,839 Speaker 1: there are even better. But the best thing, drive your 893 00:39:05,840 --> 00:39:08,960 Speaker 1: car as long as possible, no matter what kind of 894 00:39:09,000 --> 00:39:12,759 Speaker 1: vehicle you have. Until they stopped making gasoline, which may 895 00:39:12,800 --> 00:39:14,400 Speaker 1: be one of these days. But I don't know, at 896 00:39:14,440 --> 00:39:17,240 Speaker 1: least for cars, because from one I've read, airplanes always 897 00:39:17,280 --> 00:39:19,200 Speaker 1: gonna need the jet fuel, are they? Yeah? Can you 898 00:39:19,239 --> 00:39:22,319 Speaker 1: imagine an electric powered airplane that be insane? I don't know, 899 00:39:22,320 --> 00:39:25,160 Speaker 1: it be nice and quiet, and that might that might 900 00:39:25,200 --> 00:39:27,399 Speaker 1: be a long way off in the Yeah, all right, man, 901 00:39:27,400 --> 00:39:29,719 Speaker 1: that that was a fun discussion. Enough electric vehicle talk. 902 00:39:30,120 --> 00:39:31,560 Speaker 1: I liked it though. I love starting to talk to 903 00:39:31,600 --> 00:39:34,080 Speaker 1: myself into any one. I think there is a lot 904 00:39:34,120 --> 00:39:36,480 Speaker 1: for people to consider, but hopefully this gives them kind 905 00:39:36,480 --> 00:39:38,560 Speaker 1: of a good overview that you know, you might be 906 00:39:38,600 --> 00:39:40,279 Speaker 1: able to save some money, you might be able to 907 00:39:40,760 --> 00:39:43,439 Speaker 1: incur lower maintenance costs. But really, when we're talking about 908 00:39:43,440 --> 00:39:45,160 Speaker 1: this debate, you mostly want to think about the total 909 00:39:45,200 --> 00:39:47,479 Speaker 1: overall cost of ownership, and you want to think about 910 00:39:47,480 --> 00:39:49,200 Speaker 1: like what fits into your budget. So if you're looking 911 00:39:49,239 --> 00:39:51,040 Speaker 1: to buy an electric vehicle, you want to make sure 912 00:39:51,360 --> 00:39:53,360 Speaker 1: that you don't buy a new car just because you're like, 913 00:39:53,440 --> 00:39:56,400 Speaker 1: evis are cool, even if you think they are, And 914 00:39:56,400 --> 00:39:59,600 Speaker 1: then it doesn't necessarily mean that it's the best money 915 00:39:59,600 --> 00:40:01,360 Speaker 1: move for you make. But if it works after you 916 00:40:01,400 --> 00:40:03,280 Speaker 1: if you can take advantage of some tax In sentence, 917 00:40:03,320 --> 00:40:05,160 Speaker 1: or if you can buy a used one. I mean, 918 00:40:05,160 --> 00:40:07,160 Speaker 1: I think electric vehicles are the future and it's gonna 919 00:40:07,160 --> 00:40:09,120 Speaker 1: be really interesting to see where they go over in 920 00:40:09,160 --> 00:40:11,640 Speaker 1: the coming years. Oh yeah, all right, man, let's take 921 00:40:11,680 --> 00:40:13,879 Speaker 1: it back to our beer. For this episode, we had 922 00:40:14,480 --> 00:40:18,480 Speaker 1: a beer called art Is Hard. This is a Hazy 923 00:40:18,520 --> 00:40:21,279 Speaker 1: I PA by North Park Beer Company. And again, this 924 00:40:21,320 --> 00:40:24,520 Speaker 1: one was donated to the show by John So John, 925 00:40:24,560 --> 00:40:26,480 Speaker 1: thanks so much for sharing some of your local beers 926 00:40:26,480 --> 00:40:29,080 Speaker 1: there with us here in Atlanta. Joel, what were your 927 00:40:29,120 --> 00:40:31,520 Speaker 1: thoughts on this one, man, I really like this one. 928 00:40:31,600 --> 00:40:34,520 Speaker 1: I love the name artist Hard. That's a great name. 929 00:40:34,840 --> 00:40:37,000 Speaker 1: And yeah, I thought it was juicy, but I also 930 00:40:37,080 --> 00:40:39,120 Speaker 1: thought I had these these kind of like peach fuzz 931 00:40:39,160 --> 00:40:41,960 Speaker 1: notes on the tongue like that, obviously, of course one 932 00:40:41,960 --> 00:40:44,120 Speaker 1: of our favorite styles of beer. I thought this one 933 00:40:44,360 --> 00:40:48,320 Speaker 1: was really tasty, not a disappointment in any way. Former fashion. Yeah, 934 00:40:48,360 --> 00:40:50,200 Speaker 1: this one poured that kind of cloudy hazy I p 935 00:40:50,320 --> 00:40:52,720 Speaker 1: A color, and I thought this was a perfect balance 936 00:40:52,760 --> 00:40:55,440 Speaker 1: between the juicy citrus that you get with a hazy 937 00:40:55,480 --> 00:40:57,719 Speaker 1: I PA, as well as the different hops that they 938 00:40:57,719 --> 00:40:59,719 Speaker 1: had going on. But it wasn't over the top when 939 00:40:59,760 --> 00:41:01,520 Speaker 1: it came of the hops right, Like it wasn't super 940 00:41:01,600 --> 00:41:04,759 Speaker 1: green and herbally, but at the same time, like like 941 00:41:04,800 --> 00:41:06,440 Speaker 1: I said, it was really balanced. I felt like it 942 00:41:06,480 --> 00:41:08,799 Speaker 1: had a lot of malts, kind of multi backbone to 943 00:41:08,840 --> 00:41:11,040 Speaker 1: it as well. Traditionally I p A s, you know, 944 00:41:11,200 --> 00:41:13,480 Speaker 1: they're not characterized as multi, but I feel like this 945 00:41:13,480 --> 00:41:15,839 Speaker 1: one was so well balanced that it kind of hit 946 00:41:15,920 --> 00:41:18,359 Speaker 1: all the tasting high notes that you get out of 947 00:41:18,560 --> 00:41:20,840 Speaker 1: any typical beer that's out there. So I really enjoyed 948 00:41:20,840 --> 00:41:22,960 Speaker 1: this one is really well balanced, and it's fun to 949 00:41:23,080 --> 00:41:25,399 Speaker 1: drink another beer out of San Diego. Yeah, for sure, 950 00:41:25,400 --> 00:41:27,839 Speaker 1: San Diego has a great beer scene. And yeah, I've 951 00:41:27,880 --> 00:41:30,359 Speaker 1: never been to North Park Beer Company, but definitely heading 952 00:41:30,400 --> 00:41:32,720 Speaker 1: there next time I go to San Diego on my list. 953 00:41:32,760 --> 00:41:34,440 Speaker 1: All right, man, that's gonna be it for this episode. 954 00:41:34,520 --> 00:41:36,680 Speaker 1: Listeners can find show notes up on our website at 955 00:41:36,719 --> 00:41:38,799 Speaker 1: how to money dot com. Yeah, and if you like 956 00:41:38,880 --> 00:41:41,319 Speaker 1: our show, well hit the subscribe button so that you're 957 00:41:41,320 --> 00:41:44,839 Speaker 1: notified of all upcoming episodes. And if you really really 958 00:41:44,880 --> 00:41:46,480 Speaker 1: like it, well we love it if you leave a 959 00:41:46,560 --> 00:41:50,200 Speaker 1: review specifically over at Apple Podcasts, if you have a minute, 960 00:41:50,239 --> 00:41:52,360 Speaker 1: it helps other people as they're searching for a money 961 00:41:52,400 --> 00:41:55,520 Speaker 1: podcast that can help them out in their financial life 962 00:41:55,680 --> 00:41:57,879 Speaker 1: and we appreciate it to all Right, Matt, that's gonna 963 00:41:57,880 --> 00:42:00,960 Speaker 1: be it until next time. Best friends, best friends out