Pontiac is coming back…

[RippyD]

Lets see how well it fits in about 10yrs. when the battery needs replacing at a cost of around $20,000+ dollars.

Yea I know they claim they’ve somehow improved things now but how do we really know they’re not just saying that with stories out there these days talking about the horrible re sale value of these 1st used EV’s that require high cost maintenance.

Just imagine how bad things would be if the used car market we’ve grown accustomed to were no longer available and everyone was forced to buy a new car that only lasts about 15yrs. before you’re forced to buy a new one again. I could be wrong but if there’s a possibility of that it would suck really bad. Remember what they did with the cash for clunkers and the long term effect it had on todays used car market.

Well... let's do the math. I can get a Tesla Model 3 for ~$32k after the tax rebate. Let's call it $34K to be safe.

Teslas seem to go well over 200K on the original battery. There are some exceptions, but the norm seems to be significantly above 200K. But we'll say 200K miles.

There is virtually no maintenance on a Tesla. So for 200K miles you're paying $34K * ~$0.05 per mile to charge. For 200k miles this is $44000. Assume the value is close to $0 because it needs a new battery. Add $5K for maintenance, which I doubt it would need, and you're at $49K.

Compare this to a base Camry for $28K. (Btw, I have driven both. The Tesla is a far nicer car to drive than a base Camry. No comparison.) The Camry gets 28 MPG city. Gas cost for 200K miles is ~$30K. Without any maintenance the cost is $58K. Say the residual value is $10K. That's a cost of $48K. So they are about even in terms of cost over $200k. Of course the Camry will need brakes, and oil changes, and a battery or two, a starter, alternator, maybe some engine work. Is that $5K? $10K?

Tesla is a break even or better proposition relative to a gas car. And I'm being very conservative with the Tesla estimate above. The residual value is higher than $0.

[dlc95]

Aw man...

I hope they don't do to the Trans AM what they did to the Camaro.

I feel like they achieved perfection with the 98-02 WS6 w/Ram Air.

I hated the re do of the Camaro - initially. I don't like the look of 60's muscle cars. Give me Knight Rider! Ha!

That back window was terrible, but they added another angle so it doesn't look so "square".

[John U]

I’d like to see a business paper. GM’s other divisions are on life support and to split the pie even more with a new sibling…… crazy!

[Big Dave]

Because I've done a couple of searches on Pontiac recently, this appeared in my google feed:

The Weirdest Version Of The Pontiac Firebird Started Life As A Ferrari-Beating Supercar: Holy Grails - The Autopian

I like the style of the wheels, but they need to be bigger.

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[John U]

I’d like to see a business paper. GM’s other divisions are on life support and to split the pie even more with a new sibling…… crazy!

[Big Dave]

Remember, GM took over $300 million from the Australian government to keep Holden manufacturing in Australia, then shut it down within 5 years anyway. A lot of Australians are still dirty about this. But there is talk of Cadillac coming out here as a premium EV brand, they're hoping it's been long enough and it's a different enough product, that we might forget the past.

All-Electric Luxury Cars | Cadillac Australia & New Zealand

Cadillac locked in for Australia in 2024: Everything you need to know | CarExpert



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[Desertnate]

Aw man...

I hope they don't do to the Trans AM what they did to the Camaro.

I feel like they achieved perfection with the 98-02 WS6 w/Ram Air.

I hated the re do of the Camaro - initially. I don't like the look of 60's muscle cars. Give me Knight Rider! Ha!

That back window was terrible, but they added another angle so it doesn't look so "square".

I’d like to see a business paper. GM’s other divisions are on life support and to split the pie even more with a new sibling…… crazy!

Just so everyone is clear. The add was fake and even had a legal disclaimer at the bottom saying it was. Pontiac isn't coming back. No idea who published it. Maybe a late April Fool's joke that appeared in the May/June edition?

[Big Dave]

TFL saw it as well.

Pontiac Is BACK! ...Or Is It??? - YouTube

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[Karl_in_Chicago]

I think the world is finally ready to embrace the Aztek.