r/electricvehicles • u/[deleted] • 1d ago
Question - Manufacturing Silverado EV abundance
[deleted]
15
u/Lordofthereef 1d ago edited 1d ago
I think the way they sold the first model year of this thing was wild. The general public was initially only given access to the RST. The only other models, 3WT and 4WT were reserved to fleet purchases. There was no LT on offer. The biggest fleet purchasers seemed to be Hertz, who ended up getting rid of a lot of their EV fleet in general. A lot of Teslas went up as well.
I'm super happy with my 3wt, but a lot of that happiness stems from the price I was able to get. The $75k sticker was a huge ask for this vehicle. I have no idea what fleet pricing looked like but I have to imagine it was way way cheaper.
I suspect that EV uncertainty in the US with this admin (without getting too political) plays a role in individual and business willingness to invest in these products too. and even with current discounts, they're aren't exactly cheap.
I am personally hoping to monetize vehicle to grid on my truck. I also needed something to tow my smoker, so it made sense to go this route. There are some competitive prices with Ford happening right now is too though. The numbers just made more sense on the Chevy because of tow rating and battery capacity.
7
u/edman007 2023 R1S / 2017 Volt 1d ago
This, they were fleet-only, which was insane, at the time of sale, it was 500mi and still one of the cheapest EV pickups you could buy, only you couldn't buy it.
It seems it was mostly Hertz buying? But being Hertz vehicles, I think that explains why they are already on sale.
2
u/fderdontevenknower 1d ago
I really like the battery range. I'm thinking about biting on one, but I'm being cautious due to the price tag. How do cold temps affect your range, and how much does towing your smoker impact your range?
5
u/Lordofthereef 1d ago
I've only had the truck for one month. Just hit 1000 miles today taking the kids to their basketball games. I haven't had experience with this vehicle in the actual cold yet. It's starting to warm up now, and the worst I've driven in was maybe 45°; not cold enough for a fair shake.
The smoker has only needed to go about five miles thus far, so it's also not a fair comparison. From the research I've done you should expect range to be cut in half.
Right now the truck says my lifetime mi/kWh rating is 2.3. I went in expecting 2.0, so I'm pleased with those numbers. Obviously towing will affect that and I will get a lot more experience with that this coming summer.
2
u/ToriGrrl80 1d ago
I had one. Would not buy again. I'd get a Lightning.
3
u/Lordofthereef 1d ago
What did you not like about it that you felt the Lightning did better?
I was initially looking at a Lightning. The price just didn't make sense with the max tow package, and it still trailed the Silverado by 1250 pounds. Aesthetically I think I prefer the Lightning. And if 7k tow rating is sufficient, there are some monster deals to be had, albeit with lesser range.
2
u/RafeDangerous Lightning XLT 1d ago
And if 7k tow rating is sufficient
An ER with Max Tow is 10k, which if you're doing a lot of towing probably makes a lot of sense to aim for...
1
u/Lordofthereef 1d ago
Yeah, I couldn't find anything with the max tow package that had inventory discounts like the 2024 flash ER's did. And since you can't add max tow package after the fact, that was a non starter.
9
5
u/BusbyWas 1d ago
$50K is half the price of a new one? For a WT trim?
2
u/WizeAdz 2022 Tesla Model Y (MYLR7) & 2010 GMC Sierra 1500 Hybrid 1d ago
$50k is half the price of a top-of-the-line Silverado EV RST.
New work trucks (WT[1-8]) top out a bit over $70k for the longest range version. (The shorter range versions are substantially cheaper but don't fit my use-case so I don't have their prices memorized.)
9
u/BusbyWas 1d ago
Yep, that's kind of what I thought. All of the Silverado EVs I see on Carvana appear to be work trucks in the range of $50K +/- so that hardly seems like "half the price of a new one" as OP indicates unless they are comparing a used work truck to a new RST which would just be silly.
5
u/JaredGoffFelatio 1d ago
Yeah I immediately went and looked at the prices of used ones and was confused. They're no where near 50% off yet. I'm sure they'll get there eventually though, and will probably be a compelling buy when they are, but seems like a meh deal for now.
1
13
u/clockwork2004 1d ago
I had a fully loaded $97,000 Silverado EV First Edition RST on loaner and all I can say is that it's because they aren't worth their price when new. Mix that with EV depreciation and demand for EV trucks and you get what you get.
8
u/RenataKaizen 1d ago
I can’t wait till some of these vehicles come off lease and pick them up for a lot less.
3
u/lawrence1024 1d ago
That would explain poor sales, but doesn't really explain why people are trading them in. If you've already taken the depreciation hit and it's a good truck, you might as well just keep it at that point.
13
u/622niromcn 1d ago
Hertz dumped a ton of their supply somewhere. Sounds like it went to carvana. I asked the save on the /r/SilveradoEV
3
12
u/tech57 1d ago
Generally speaking, people that buy ICE pickups don't buy EV pickups. People that do buy the Silverado EV generally like them though.
On cars.com there's 104 used Silverado 408 Ioniq 5 and 4,221 Tesla Y.
17
u/PM_me_Tricams 1d ago
You would have to normalize for the amount of those models sold to make a conclusion like that
1
u/mustangfan12 1d ago
Compared to Ford's F150 gas sales, the F150 lightning is a small portion of their pickup sales. Last year they only sold 33,510 F150 lightnings. Last year 834,641 total F series pickup trucks were sold. EV trucks are a very small portion of pickup truck sales
-1
u/tech57 1d ago
No I don't. Cybertruck was selling better than Ford and GM pickup EVs at one point.
Generally speaking, people that buy ICE pickups don't buy EV pickups.
Sales numbers don't lie.
1
2
u/Galacticwave98 1d ago
It tells you their prior use at the bottom of the listings. They are fleet and rental vehicles.
2
u/DougWantsALeaf 1d ago
Most I believe are the work truck, so not nearly as nice as the consumer version inside. Good range though.
3
u/microsnakey 1d ago
There isn't. A Silverado EV work truck starts at 55k. They start at 38k on carvana. Stop talking BS
1
22h ago
[removed] — view removed comment
1
u/electricvehicles-ModTeam 20h ago
Contributions must be civil and constructive. We permit neither personal attacks nor attempts to bait others into uncivil behavior.
We don't permit posts and comments expressing animosity or disparagement of an individual or a group on account of a group characteristic such as race, color, national origin, age, sex, disability, religion, or sexual orientation.
Any stalking, harassment, witch-hunting, or doxxing of any individual will not be tolerated. Posting of others' personal information including names, home addresses, and/or telephone numbers is prohibited without express consent.
1
u/fderdontevenknower 19h ago
Mods reply should've been directed at the initial response. That's what I'd call "bait" for an uncivil response. My legit question did not warrant being called "BS," so I responded in kind
1
u/Vault702 15h ago
You don't think posting false claims in the original post is bait for people to call you out?
More politeness would have been great, but how do you figure it was not warranted to describe your blatant misrepresentation in a derogatory fashion?
The cheapest one on Carvana with less than 15k miles is a 2024 Chevrolet Silverado EV Work Truck Pickup 4D 6 ft 14,328 miles With a price of $49,590 https://www.carvana.com/vehicle/3517399
The Carfax original window sticker link says TOTAL VEHICLE PRICE* $74,800.00
The asking price is 66.3% of the MSRP.
Do you really think that 2/3 is "about half"?
If so, I'm sorry for you.
1
u/muthian 21h ago
There are retail Silverado EVs and Fleet Silverado EVs. You are comparing two different things. Fleet Silverado EVs can be had for under 60.
1
u/Iyellkhan 1d ago
dunno but so long as they're well made the list price on them is a solid deal for that enormous battery pack
1
1
u/SouthbayLivin 20h ago
It’s nice, for the range and bed size, but cheap plastic and no power seats etc. The tech was also garbage.
-7
u/kenypowa 1d ago
Look, this sub only cares when Tesla is not selling well.
They don't give a damn about Rivian sales dropping 34%, F150 Lightning has months and months of unsold inventory, or a glut of heavily depreciated Silverado EV on Carvana.
9
4
u/Comeback_Kid26 1d ago
Lol. This is actually the first time I’ve visited this sub in weeks for that reason. I was interested in the Tesla sales drop at first, but god, how many times can people post the same things before they have to rename this sub r/teslasalesplummet or something?
11
u/Terrh 1d ago
there are a few "users" of this sub that the only thing they post is anti tesla stuff to karma farm. Some people seem to post 1-2 a day every single day.
There's plenty of other content on the sub but it does seem like the anti tesla stuff gets highly upvoted so most people here must be into seeing it every single day.
-1
u/gottatrusttheengr 1d ago
Don't even remind them that the slump is at least half because of the Model Y refresh rollout
1
u/PiercedBiBottom 1d ago
Overpriced MSRP, and I think they're ugly. I drove multiple ICE Silverados for a long time and was excited when they announced an EV version, until I saw it
1
u/methpartysupplies 1d ago
I’ve seen the same the with several suspiciously lightly used EVs. When we got our Prologue I started spiraling looking at all the trade ins with sub 3k miles.
But you see it with a lot of different vehicles. I think it’s people that are either loaded and don’t care about taking a loss, or they’re just irresponsible.
1
u/Pwheatstraw2000 1d ago
Sliverado EV rental almost left me stranded at a restaurant.
For 3 hours it wouldn’t recognize that the key was in the vehicle and shut down every time I tried to “start” it.
After tow truck was dispatched, it eventually started.
Got out of it that night.
-1
0
u/Calm_Historian9729 1d ago
Primary reason is EV's can tow just not for very far and this is not good if you need to tow long distance.
0
u/Fantastic_Tell_1509 1d ago
I drove one for a month as a covered rental when my Leaf was in a collision shop. Wooooo boy, I want one.
But buying anything from Carvana is an almost absurd risk. They have a long history of fucking buyers on getting their title to them. Lots of lawsuits.
1
u/fderdontevenknower 22h ago
I bought my current car from them. Everything went smooth for me, but I don't doubt others have had bad experiences
-6
u/wachuu 1d ago
There isn't dozens...there's 162!! Wow I'm surprised they even built that many, let alone already available used
6
u/RabbitHots504 Silverado EV 1d ago
They sold over 7000 of them last year……
It’s just all the once hertz and such purchased.
5
u/mog_knight 1d ago
Dozens just means more than 1, so 2+ dozen means 24+ vehicles. There are dozens on the site.
2
55
u/rosier9 Ioniq 5 and R1T 1d ago
There are a bunch of these in rental fleets, perhaps that's where they came from.