Fidelio II – My New/Old EV for 2020

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I’ve enjoyed my time with my Chevy Bolt EV–in fact, I love the car. However, my lease ends on January 8th, 2020, and I’ve been considering my options for months.

One possibility would be to go into another expensive lease on something like the fine new Hyundai Kona Electric. Or, I could buy my Bolt at the end of the lease. But with a residual value of about $25,000 (the original list price was nearly $44K), that would mean my loan payments would be higher than my lease payments had been.

The third option was to grab a used EV. I recently researched the used EV market, and found there are some great deals out there. I wrote about six great used EVs under $15,000. Believe it or not, you can drive home an early Nissan Leaf for $6,000! So, I decided that I would go cheap and try to keep my monthly payments under $200.

Over a  year ago, I wrote about Rose Motorcars, a small dealership in Castro Valley that specializes in used EVs. I decided that I would patronize them for my next car.

I intended to start looking in mid-November, and it was November 16th. Fresh off of reading an online story about the wonders of the Chevrolet Spark EV, I decided to visit Rose and check out the Spark, along with my old favorite, the Fiat 500e.

I had the unique experience of securing a three-month journalist loan on a cute blue 500e back in January-April of 2016, and wrote extensively about my test car, which I named Fidelio. I even did a video review of the car. The Spark and 500e are both available for under $10,000, which was the amount I figured I’d need to keep the payments under $200/month.

So, I drove the Bolt down to Rose Motorcars and chatted with Miles, a friendly salesperson there. Rose appears to hire only friendly salespeople. Part of that may be that they are not paid on commission, so there is an incentive to deliver great customer service and to work together to help close the deal.

We looked at the online listings (which I’d studied earlier at home), and picked out a light blue Spark to test. I also mentioned my affection for the Fiat to Miles, and he said he had one in the same color as my Fidelio.

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The Spark (above) looked like new and drove like a smaller version of my Bolt. It had the “L” setting in the transmission, which enables one-pedal driving. I love that feature in the Bolt, and the Fiat doesn’t have it!

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We drove to my house and checked to see if my bass would fit in back–and it did, passing that test.

I liked the car fine, and drove it on curving roads, neighborhood streets, and a piece of freeway before returning to the store.

Then, Miles said he already had the keys to the blue 500e in his pocket (smart). So we took that one out, driving most of the same route. We didn’t stop at my house because I knew that the bass would (barely) fit, so we just headed out over the hills, onto the freeway, and back.

Well, if I liked the Chevy, I loved the Fiat. It is simply more fun to drive, and the retro design looks more upscale. It felt just like it did when I drove the first quarter of 2016 in one. We pulled back into the parking lot and walked into the showroom.

“Do you mind if we fill out a little paperwork?” asked Miles. I said, “sure.” What I realize now is that he was doing what any good salesperson does–start processing the order. There was no pressure, but it made it seem more and more possible to just do it.

“Run a credit check?” he asked. I said “OK,” since it was just information. David, the General Manager, was able to work up a deal that brought my monthly payments down to $195 a month on a five-year loan. Check!

It seemed like things were moving awfully quickly, but I already knew the car, had done all of my model and price research, and was sitting in the exact place where I planned to buy the car. And–it was a ringer for my beloved Fidelio–only a model year newer. So why wait, and take a chance it would be sold?

I texted my wife. She said that if it was a fair price and everything was good then it would be OK to go ahead. After all, I did have to buy something in the next few weeks. We got the financing to allow making the first payment 45 days out, so it’ll be December 31. I had hoped for the first week in January, as my last payment on the Bolt is December 8, but that’s really close.

Now, I have my new car, and have named it Fidelio II, of course.  It sits, along with the Bolt, at my house as part of my small EV fleet. I’ll be saving a lot of money next year, and the Fiat has a sunroof that the Bolt doesn’t, but I’m aware of the things I’ll be losing, too.

For one thing, my EPA range will drop from 238 miles to 84. I figured out, between my three-month test and my Bolt usage, that 84 miles will likely be sufficient for most things. I have Level 2 (240-volt) charging in my garage now, too, if I need to charge up quickly. It doesn’t leave any margin for error, though, or permit any 50-mile side trips.

I will miss having Apple CarPlay, which lets me project my iPhone onto the screen on the dash. I’ll miss my video rear-view mirror and my bird’s eye camera. I’ll perhaps long for two rear doors and the extra space. But Fidelio II’s job is to take me to my BART train and around town, so I should be fine. We have other cars for longer trips.

If I had been willing to pay $250 or $300 a month, my choices would have been wider, but I’m happy, and plan to enjoy my Bolt for the rest of the year. But in January, there’ll be a new little car in its spot on the driveway.

More to follow.

 

Rose Motorcars – Affordable EV Destination

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Driving an electric vehicle (EV) is one thing you can do to lower your carbon footprint and help fight global warming and climate change. But electric cars start at a higher price than gasoline-powered ones, so what if you’re on a tight budget?

The answer is to find a used EV. And in my community of Castro Valley, California, there’s a dealer that specializes in them—Rose Motorcars. I had a chat with Derek Dorotheo, 35, who calls himself a “car matchmaker,” and is nothing like a stereotypical pushy car salesman.

Rose Motorcars was founded by Lyle Dizon and his two high-school friends, David Florence and Leo Beas. The company started eight years ago over the hill in San Ramon, and wasn’t focused on electric cars. However, they found a niche, and they now stock quantities of affordable EVs in their Castro Valley location, a former beauty school. Rose is the name of Dizon’s mother.

The cars I saw in their lot included a line of brightly-colored Fiat 500e’s (their most popular item) and Chevrolet Sparks, sporty Volkswagen e-Golfs, a few tiny Smart EVs, a pristine white Mitsubishi i-MiEV, a boxy Kia Soul EV, a bright blue Mercedes-Benz B-Class, and in the small showroom, a couple of shiny Teslas.

Rose acquires its cars mostly from auto auctions, but they also work with finance companies and wholesale partners on off-lease vehicles. They can buy directly at auction for a customer. They sell to individuals and also can ship a truckload of cars to a dealer elsewhere in the country who is seeking the little EVs.

Taking an online stroll through the current inventory, sorted by price, you’ll see four Teslas, followed by a 2017 Chevrolet Volt at $25,888. Then come the VW e-Golfs at $15,000, and a Nissan Leaf at $11,950.  After that, the Sparks and Fiats come in under $10,000. There are lots of choices between $7,000 and $9,000. And these are inspected, 2015 models in clean condition with 20-25,000 miles or less, with a few outliers. With the price of a new Fiat 500e starting at $32,995 before federal and state rebates and tax breaks, this is a huge difference. And since electric cars are simpler and require little maintenance, the cost of running them is lower, too.

Granted, a Fiat 500e with its 84 miles of range is not going to cut it for a family of 5 or road trips out of town, but for the daily commute, it’s ideal. I know, because I drove a 2016 Fiat 500e for three months and it was perfect.

Rose Motorcars is a no hassle, no haggle dealership, and wants you to be happy. For Castro Valley residents, they offer a 48-hour test drive, so you can see what the car is like to live with. You could grab it one day and try a run to work and back or do your weekend errands. While it’s not large, a little 500e or Spark hatchback would do fine for a run to Costco.

You can also set up a FaceTime or Skype call to look at your car and buy it from home and Rose will ship it to you. They offer financing and take trade-ins, electric or not. In fact, they had a rare Pontiac Aztek in the back lot!

So, you don’t need to spend a lot to help reduce CO2 and enjoy the pleasures of electric motoring. Just visit Rose Motorcars—in person or online. They’re located at 2806 Castro Valley Blvd. and are open from 10 a.m. to 7 p.m. Monday through Saturday and 11 a.m. to 5 p.m. Sunday. Find them at www.driverose.com.

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