With PHEV being discontinued....Who's looking at changing?

[Kerbe]

let’s say in the US

But they might just make hit that percentage in certain parts of the EU, UK and Asia...

 

[Landshark]

But they might just make hit that percentage in certain parts of the EU, UK and Asia...

That may be true. And when NocEdit buys a BEV, a certain part of his driveway may have 50% of its vehicles on the road as electric cars.

However, since he mentioned the folks in red states as being a hindrance toward widespread adoption of BEV’s in his warm up to the rather vague question, it seemed the question was intended to ask about the adoption of BEV’s in the US. Hence, the clarifying words in my response.

 

[Pooky]

I do realize that federal law forces manufacturers to carry parts for 10 years

I didn’t actually know about the 10 year requirement to keep parts available so that’s a plus.

There is no such federal law that requires manufacturers to supply automotive parts for 10 years. That is a common myth.
I have contacted Honda to ask what their corporate policy is for supplying parts and am awaiting a response. I heard from one source that Honda supplies parts for 15 years but can not verify this claim anywhere. I will report back to this thread when I have received a response from Honda.

 

[RickSE]

There is no such federal law that requires manufacturers to supply automotive parts for 10 years. That is a common myth.
I have contacted Honda to ask what their corporate policy is for supplying parts and am awaiting a response. I heard from one source that Honda supplies parts for 15 years but can not verify this claim anywhere. I will report back to this thread when I have received a response from Honda.

Honda does have to comply with the Magnuson Moss Warranty Act so I would expect most parts to be around to at least satisfy the HondaCare and Z state warranty periods. The concept of a 10 year federal period to supply parts does, however, appear to be an urban myth.

 

[Mike J]

With PHEV being discontinued....Who's looking at changing to another vehicle, whether it be a a PHEV or BEV?

I'm concerned about the future resale value now. Before, even though most dealerships no longer had the vehicles, you could still order them. I do realize that federal law forces manufacturers to carry parts for 10 years, but resale value will be impacted now.

If you are looking at changing vehicles, which ones are you looking at?

Or do you just plan to keep your vehicle and enjoy it for 10+ years?

We love our clarity and honestly, as of now, plan on keeping it. What a great car!

I pretty much have the same concern as you and thinking of selling mine as well but the only thing holding me back is that, like everyone mentioned, there isn't anything else like it around the same price range with all the features.

Why would you suddenly start shopping for a different vehicle, simply because the one you’re driving will no longer be produced?

Put me in the “I’m not looking to change” group. The car is less than 2 years old, has 19K miles and there’s nothing available to replace it.

I think OP has a valid point, imho. I have the same concern now after finding out that the car has been discontinued. Obviously parts will be scarce. Most people won't want to buy a 5 or 6 year old car with no parts available or very very expensive.

Concerned about resale value now? I buy a car because I need reliable transportation and, when I do, I look for particular characteristics. Unless there's an especially good reason (talk about a rarity!) to unload one, I keep it until it becomes impractical due to potential repair expense or some other factor, such as unsupportively poor efficiency in view of alternatives. My car is a tool, not an investment.

Do you think the fact that in 4 or 5 years from now the car will have much much lower value vs than if it was still in production is a good enough reason?

I have a 2018 Clarity with only 11K miles on it coming off lease in August. I wanted a RAV4 Prime as a replacement but they are nearly impossible to get and those that are available are selling at a $10-15K premium. I have an AWD long range Tesla Model Y on order for $10K less than the RAV4 would cost. There are no outrageous markups because Tesla doesn't sell through dealers. It also seems to be the only pure electric with a robust enough charging network that long trips can be made with reasonably short stops for charging. I plan to sell the Clarity to one of the used car services like Carvana or Carmax.

Just curious how were you able to get a model Y that cheap? The long range is currently 47K. There are prime XSEs around me sell for ~ 46-47K.

 

[Landshark]

Obviously parts will be scarce. Most people won't want to buy a 5 or 6 year old car with no parts available or very very expensive.

In my opinion, this is just speculation. How can anyone determine with any degree of certainty that parts for this car will be more scarce or expensive than any other car?

Do you think the fact that in 4 or 5 years from now the car will have much much lower value vs than if it was still in production is a good enough reason?

How have you determined that the above statement is factual? The Nissan Leaf, for example, is still in production and used models aren’t worth much more than a set of new tires.

If you believe that parts for the car will become scarce and expensive, why not keep the car and maybe even buy a few more to sell off for spare parts?

 

[Mike J]

In my opinion, this is just speculation. How can anyone determine with any degree of certainty that parts for this car will be more scarce or expensive than any other car? Ho

How have you determined that the above statement is factual? The Nissan Leaf, for example, is still in production and used models aren’t worth much more than a set of new tires.

If you believe that parts for the car will become scarce and expensive, why not keep the car and maybe even buy a few more to sell off for spare parts?

Thanks for your response. I agree that it is speculation. And that's the thing...the fact that production will stop leaves a lot of things up for speculation. It may go up in value, stay the same or plummet, who knows. This leads to another question: If I get into an accident in 3 or 4 years and the car gets totaled, how will the car be valued by the insurance company at the time?

I haven't determined if that statement is factual, just making an assumption which could be wrong, of course. Not sure if buying a few more to sell off for spare parts is a good idea for my situation.

And don't get me wrong...I do love the car and was planning on keeping it for as long as possible before these news hit which got me concerned and thinking about replacing it, which unfortunately like a lot mentioned, there isn't anything comparable to it in value, features and price.

 

[J Wong]

Just because of the cost for retooling for manufactures, I believe that there will be parts used by other and future Honda vehicles. Also parts that they no longer make may have adaptable replacement parts for other vehicles in which it may even be an upgraded part. I'm not worried about parts, only about qualified technicians and mechanics.

 

[J Wong]

Thanks for your response. I agree that it is speculation. And that's the thing...the fact that production will stop leaves a lot of things up for speculation. It may go up in value, stay the same or plummet, who knows. This leads to another question: If I get into an accident in 3 or 4 years and the car gets totaled, how will the car be valued by the insurance company at the time?

I haven't determined if that statement is factual, just making an assumption which could be wrong, of course. Not sure if buying a few more to sell off for spare parts is a good idea for my situation.

And don't get me wrong...I do love the car and was planning on keeping it for as long as possible before these news hit which got me concerned and thinking about replacing it, which unfortunately like a lot mentioned, there isn't anything comparable to it in value, features and price.

Now there's a consideration, body parts. the Clarity is an Aluminum body... very expensive to replace. This definitely will become an after market part.

 

[Landshark]

Thanks for your response.

You bet.

This leads to another question: If I get into an accident in 3 or 4 years and the car gets totaled, how will the car be valued by the insurance company at the time?

Good question. There’s a couple members here that seem to know more about insurance than I do. Maybe they have a standard depreciation chart or maybe they look at the current sale prices for the same year car?

Unfortunately, in my opinion, the trend seems to be against PHEV’s. I’d speculate that there may be few PHEV options for anyone shopping for a new car in 3-4 years.

 

[Boston_Pilot]

With PHEV being discontinued....Who's looking at changing to another vehicle, whether it be a a PHEV or BEV?

I'm concerned about the future resale value now. Before, even though most dealerships no longer had the vehicles, you could still order them. I do realize that federal law forces manufacturers to carry parts for 10 years, but resale value will be impacted now.

If you are looking at changing vehicles, which ones are you looking at?

Or do you just plan to keep your vehicle and enjoy it for 10+ years?

We love our clarity and honestly, as of now, plan on keeping it. What a great car!

Resale value? That’s what you’re worried about on a sub 30K car?

 

[Mike J]

Now there's a consideration, body parts. the Clarity is an Aluminum body... very expensive to replace. This definitely will become an after market part.

which I think will likely render the car totaled in most moderate accidents where other cars would likely not be deemed as such

You bet.



Good question. There’s a couple members here that seem to know more about insurance than I do. Maybe they have a standard depreciation chart or maybe they look at the current sale prices for the same year car?

Unfortunately, in my opinion, the trend seems to be against PHEV’s. I’d speculate that there may be few PHEV options for anyone shopping for a new car in 3-4 years.

Yea it’s hard to predict I guess.
I agree, that’s what it seems like to me as well.

 

[su_A_ve]

What's the reason the majority of people will switch to a PHEV or even a BEV?

* IS IT WORTH IT?

For example, in my case, if it wasn't that I can charge for free at work, paying 17c a kWh it's only worth it if gas goes above 2.35 or something, which now it did because of additional taxes on gas. But back in 2018, gas was hovering around 1.99 so it was not worth it for me to charge at home. Back then, I wanted a sedan like an Accord, and this fit the bill coming in at a LOWER cost after the fed tax credit.

Today, I would replace this with a comparable BEV that can give me - say 150 miles in the middle of NJ winter. Is there such a sedan at this price level today? Don't think so.

For long family trips, it'll continue to be the Ody.

 

[LarryC]

We will definitely keep our Clarity for the foreseeable future even though we also have a Kia Niro EV. One commenter here suggested we tend to be very analytical as a group, so true.

We recently completed an LA to Lake Tahoe 1000 mile round trip and chose the Clarity instead of figuring out where to fast charge the Kia. Went over 7000 feet three times so had a lot of mountain driving, and did a fast run down I-5 from Sacramento. We averaged 42 mpg, but I paid a lot of attention to the drive mode and battery status throughout. This trip was also first time in 12 months we had refueled the car!

We passed many Teslas on I-5 who were traveling at or below the speed limit, or drafting behind semis. Only encountered one Model X that was moving significantly faster. The Clarity had very responsive 65-80 mph oomph to get around slower traffic. Thanks to this forum I chose to use Sport mode for the trip which actually seemed to keep the angry bees at bay for most of the trip.

We use the Clarity for short trips where we are only using EV mode, the Kia handles crosstown trips. With solar panels, a Tesla battery and TOU rates our cost of operation is soooo low.

Lovin’ it[emoji3]


Sent from my iPad using Inside EVs

 

[Landshark]

For example, in my case, if it wasn't that I can charge for free at work, paying 17c a kWh it's only worth it if gas goes above 2.35 or something, which now it did because of additional taxes on gas. But back in 2018, gas was hovering around 1.99 so it was not worth it for me to charge at home.

This cost to “fuel” a vehicle is only a part of what determines if it is worth it. In my case, I’d be ahead thousands of dollars had I just continued to drive the used, paid off years ago, 38mpg car that the Clarity replaced. We just happened to be at a point in our lives where replacing a 15 year old car with a new one was something that had become a topic of discussion.

Free charging can be a game changer. However, when we start comparing the difference in costs between electricity and gas, it generally doesn’t amount to a hill of beans. At a $.40 difference between a gallon of gas and a full charge, we’re talking about a difference of roughly $.01/mile. Drive 12,000 miles using the lower cost fuel and you’re ahead a grand total of $120 for the year.

In my opinion, reducing fuel costs by $10/mo doesn’t make the purchase of a new car “worth it.”