https://www.greencarreports.com/news/1130944_chevy-offers-0-financing-on-used-bolt-ev-and-voltI've been eyeing EVs for a while now, 2017 bolt (~200 mile range, full EV) is around
$13k USD with less than 40k miles.
I figured 10% down (less than 5 bitcents), and 72-month term, that's less than a half of bitcoin a month.
I have enough btc to afford the car outright, but I'm thinking now's the time to buy the gap.
Thoughts? Comments? Anyone find any better deals or worse deals?
Let's here your thoughts on sub-15k full EV, 150+ mile range solutions.
This part of the article should be of concern to you.
The reason for deals on used models may be that Bolt EVs of this vintage are currently being limited to 90% of their battery capacity, as GM and cell supplier LG Chem work on a solution to an issue potentially related to Bolt EV fire risk.
It's not worth the risk if you have young children; they're likely not able to react properly in an emergency.
Also, is your math off? I thought this was a really old post or something:
...72-month term, that's less than a half of bitcoin a month.
$13k is only slightly more than 1/3 of a bitcoin in total! Half a bitcoin a month could nearly get you a new Lambo in one year and a small castle in 7 years.
Get an e-bike instead:
https://radpowerbikes.ca/products/radwagon-electric-cargo-bike CAD$2199 which is about USD$1700 so you can almost afford it outright with the 10% down you would put on the car and you'll still be saving the planet. Then when bitcoin hits US$266k you can buy a brand new EV and maybe something better than a Chevy with a technical issue that could cause a fire?