Romanosky Automotive Weekly Gazette #70, Oct 1, 2022

The Hyundai Ioniq 5 is the perfect city car - why all the haters?

No Need For Fear, Uncertainty and Doubt


Misinformation and disinformation are tools to sow fear, uncertainty and doubt (FUD).  We see this spread over an increasingly wide range of topics, usually through social media. Whether it is politics, climate change, vaccinations or anti-EV propaganda, we all have to put up with this 'journalism' that somehow makes its way to our social media accounts. Somehow, a substantial portion of the population has suspended critical thought, and FUD has proven effective for the bad actors who employ it.


I really don't understand where the anti-EV propaganda is coming from, and who EVs are threatening.  The IEA forecasts global demand for oil to increase for 2022 and 2023. Auto Manufacturers are currently offering more powertrain choices than ever before; ICE, Hybrid and BEV.  For now and the foreseeable future, buying an EV is choice consumers will make if the vehicle suits their needs.  It may not, in which case there are lots of other vehicles to choose from. 


A new generation of affordable EVs are now entering the market, moving EV adoption away from the wealthy early adopters and into the mainstream.  Consumers are now willing to make the change to E-Mobility in dramatically increasing numbers. Now, virtually all EVs are sold out and have long waiting lists.  Many are selling for a substantial premium over MSRP.  The 'tipping' point for EV adoption has arrived.


In our household we need a vehicle for camping with a 7,500lb vintage travel trailer, and another for driving the kids to school.  I would prefer to have multiple vehicles that are optimized for their respective jobs, rather than have one vehicle try to do everything. Our solution for camping was a full size Range Rover which is about the smallest thing that can safely pull the trailer. For city driving we bought an EV. 


Our Hyundai Ioniq 5, thankfully ordered a year ago before $20k premiums were added to the price, has proven to be a revelation.


The Rover gets anywhere between 14 and 16.5 L/100km driving around the city.  My commute in it costs me about $13 each day.  The Ioniq, so far in the first 2,000km, has used 16.5 kWh/100km.  But since I pay $.12 per kWh instead $1.70 per Litre of premium, driving the same distance in the EV costs $1.00.

COSTS OF OPERATION  (Driving 20,000km per year:) 


Range Rover; 15L/100km @ $1.70/Litre = $5,100

Ioniq 5; 16.5 kWh/100km @ $.12/kWh = $396


MSRP on the Ioniq was $63,000, and it is the top-of-the-line version with 2 motors, AWD and the long range battery pack. It has a state-of-the-art suite of cameras, sensors and driving aids as well as just about every comfort/convenience item that can be put in an automobile. It is fast (0-100km/hr in about 5 seconds), quiet and handles well. I don't feel any need to drive a fancier car.  With a base price of $45,000 it is designed to sell in large volumes.


To run an EV conveniently, you do need a place to charge it. It is possible to run the car with a 120V electrical service but this would be practical only if you are driving less than 75km per day (this range could be replenished with about 12 hours of charging). If you drive more than that you would need to visit commercial DC fast chargers. Most people will want to install a 'Level 2' charger at home. This would entail a charging unit and a 240V,  30-60AMP service for it to plug into. 


We have a 1960's bungalow with a 100 AMP service with AC that can draw 40 AMPs. We had Zeno (formally Virtuoso Energy) install a home energy management system that allows the 40 AMP Level 2 EV charger and the A/C to share the same circuit - it reduces power to the car if the AC is in use. It cost about $3k for the electrical work and another $1k for the wall-mounted charger. Most new houses are pre-wired for an EV charger, so the costs would most likely be under $1,500.


The Ioinq has about 75kWh of useable battery storage which will give it about 400km of real world range. We charge it to 90% to be a little nicer to the battery. At the end of most days the battery has 80% left in it. This takes little more than an hour to replenish with the Level 2 charger. We can set the timer to charge at night, so it doesn't interfere with our AC.   Our Ioniq has never had a State Of Charge below 70% - which equates to 300km of range. There is no range anxiety, and we could easily get by with a battery half the size of what is in the car.  If there is a power outage, we can use the Ioniq to supply electricity to the home with its V2L feature. 


For driving longer distances we'll take one of our ICE vehicles. The fast charge DC infrastructure for non-Teslas doesn't work very well in my experience. If the station works at all, I usually have to try multiple times for it to initiate a charge, and often the charge rate is a fraction of what it should be. They charge by the minute, so this is mostly an exercise in frustration. Hopefully this will improve. But that is fine; we have one car for the city and another for the highway.


The Ioniq is fast, smooth, quiet and practical. It costs almost nothing to run. Even with the bill for the electrical upgrade to the home, the capital outlay was reasonable. It is the perfect vehicle for school runs and other city errands. No question about it, for city use it is a better vehicle than an ICE. The Range Rover is better for towing the trailer.  


I don't see the need to politicize vehicles:  just buy the one(s) that suit your needs. 

Range Rover and 30' Silver Streak - We'll still need liquid fuel here...

For Sale This week on Bring-A-Trailer

2006 Spyker C8 Spyder

Auction ending Thursday OCT 6 @ 11:00am

357 miles from new


Jet Black on Cognac quilted leather, engine turned aluminum dash, Sport Exhaust with whisper mode


Scheduled the week of Sept 24th on BAT and to run in the 2-week Premium auction format (link to come).


New York Title and presently located in Scottsdale, AZ. Can be imported and registered in Canada.


We are hoping for a world record price for a C8 Spyder with this car.

Last Week on Bring A Trailer

1967 Toyota Land Cruiser for Sale in CA

Sold for $22,000 on Thursday, Sept 29th


Sold about where expected for this honest Cruiser.


"Keep it as an 'artifact' or as a basis for restoration where you will be miles ahead relative to trying to fix a rusty one. Expect something in the low $20,000s."

RESTORATION PROJECTS WANTED FOR WINTER 2022/2023


With our S3 E Type now complete and just the finishing touches left on our Series Land Rover, we are looking for 2 or 3 restoration projects to keep us busy over the winter. If you are thinking about undertaking a restoration, or buying a car to restore, let's talk!



  • Appraisals


  • Pre-Purchase Inspections


  • Pre-Sale Reconditioning


  • On-Line Auction preparation and management


  • Post-Sale logistics and sorting


  • Restoration Project Management


  • Dent Removal Wheel Repair Wraps and Tint Paint Touch Up Detail


Email Lawrence

Lromanosky@me.com

Auctioned on  Bring-A-Trailer:

1998 Hummer H1,

Dark Green on Tan Leather

Scheduled Oct, 2022


10,000 miles from new,

6.5 GM TurboDiesel, 4 speed auto, portal axles


Outfitted for fishing/camping with 5000w generator and inverter to run pull out kitchen in rear load area. Custom roof rack for fly fishing rods. VHS and CB Radio. 

FOR SALE:

1993 MERCEDES-BENZ E320 CABRIOLET

122,000km


Extremely well preserved Victoria car reconditioned to the highest standard by meticulous owner. Over 100 hours and $13,000 in parts (wholesale) was recently spent to replace all consumables. Looks like a new car.


The W124 and W126 and their variants were design masterpieces from Bruno Sacco that are not outsold by current Mercedes-Benz offerings. They only made about 35,000 E Class Cabriolets, with about 20,000 of them being fitted with 6 cylinder engines. That is about the same production number as a Porsche 996 Turbo or a Ferrari 360 Modena.


$40,000

Past Columns From Romanosky:

Cars as NFTs


ICE, Hybrids and BEV: Then And Now


Spyker: The Glorious Answer To A Question Nobody Asked


Corvette Summer


Tips For Long Term Storage


The Etch Scam


Lot Rot: My Alpina Story


On-Line or Live Auction?


Anatomy of a Spyker


Reimagining The Icons


Cryoblasting


When Bad Things Happen To Good Cars


Leasing made complicated


Quality Through the Decades


To Mod or not to Mod?


Death of a Salesman


The First or Last?


Musk, Lidar and Sensor Fusion


The $142M car


What Makes a Car Collectible?


Value In Today's Overheated Market


Great German Engineers Explained


Cross-Border Shopping For Canadians


The Romantic Automobile


Vin Stamping and Other Irregularities


Servicing Costs: Managing Expectations


Supply Chain Woes


Why Are Some Cars More Costly To Maintain Than Others?


Le Mans Engine In Your Road Car?


Lugnutz: A Calgary Automotive Hub


Bring-A-Trailer Marches Upmarket


A Guide To Getting Rid of Unwanted Customers


Where has the horizontal homogeneity and vertical affinity gone?


What's Undervalued In Today's Market


The Mercedes Benz Gullwing - Sports Car Of The Century


A Brand By Any Other Name


Grace, Space, Pace: Jaguar's Future



Max Hoffman: World's Best Car Salesman


2021: A Year Of Living Safely


PORSCHE DNA: More Than Just Sports Cars


Vive la Difference


The Noble Cause


Update on Electric Vehicles in Alberta


Automotive F&I - The Good, The Bad, and the Awful 


Restored or Original - Which Is Better To Drive?


Romanosky on Aston Martin


The Best Car In The World


Memories Of The Alfa Romeo GTV


Concours, Resto-mod or Original


Porsche, Ludvigsen & Collier: Excellence Is Expected


Tesla & Me: From Burning Man To The School Run


DC Disappointment: The Alberta DC Charging Infrastructure


Out Of Stock: What Is Going On With Retail Automotive?


Tales Of A Car Salesman Part 2: Having A Ruf Time


Tales Of A Car Salesman: Risky Purchases, Part 1


Road & Track Magazine: The Rise And Fall Of America's Great Automotive PublicationOn-


Line Collector and Specialty Car Auctions: How BaT Changed Everything


CSI And Google Reviews: The Good, The Bad, And The Ugly


On-Line Automobile Sales - Where Does This Leave Sales Managers and Salesmen?


Porsche + Bugatti + Rimac = ?


What About Hybrids?


Telsa's Head Start


Jaguar Gets Some Love


Camping With An Electric Truck: How Far Can We Go?


1000hp Tesla Plaid: Nobody May Have Asked For It, But We're Glad It's Here


Rimac Nevera - Not A Concept Anymore


Upcoming EV's: 400V or 800V - Why Does It Matter?


Will Electric Trucks Save The Planet?


Soleil EV Weekly Gazette

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