Roadtrek Rich
New Member
Here' something different to think about
Here's something different to think about.
Are you going to buy the vehicle outright or finance?
Is there interest involved in the financing?
What is the term of the financing?
2 hypothetical finance examples.
RV1 - AGM Battery Equipped $100K
Loan fixed 20 years @ 5%
RV2 - Lithium Battery Equipped $125K
Loan fixed 20 years @ 5%
10% down payment
You would be financing an additional $22,500 + applicable tax @ 5% for 20 years.
A simple interest calculator will show you that you will actually be paying 45K for the 25K batteries you included in the loan + applicable tax.
Lithium batteries would probably need to be replaced at least once during this period of time so there would be those costs to consider, too.
Options in the automotive world are where dealers make the largest percentage profits. From the owner, sales manager, salesperson, F&I (Finance and Insurance) people, everyone in the facility is incentivized to "sell" the option vs. the standard and provide you with compelling reasons why it is in your best interest to "buy".
It is definitely in their best interest.
This isn't limited to batteries. You will be offered the opportunity to buy all sorts of things. Paint sealant, protection plans, alarm systems, cameras, audio/video/communications systems, upholstery treatments, sewage dumping solutions, remote vs. standard controls and more. The dealer has this one opportunity to load as much onto the sales price as possible and give you as many reasons you need to obtain your agreement. They're highly skilled at this.
Are lithium batteries "better" than lead acid? (AGM is the Absorbed Glass Mat version of a conventional lead acid battery)
Maybe.
Are AGM batteries adequate?
If you think about how many RV's are out there and how many have lithium batteries in them versus those with lead acid, the percentage of lithium is probably less than 1%.
Up until 2 or 3 years ago, RV owners have used lead acid batteries to provide the power they need when not connected to shore power. And with the use of a solar recharging system, most of the power needs can be met. Especially in light of lower consumption devices like led lighting, lithium battery computing, led screen video, 12 volt compressor refrigerators, diesel furnaces. Small, portable, lightweight, low maintenance, very quiet generators can also be included to round out power requirements.
If the new technology appeals to you, and you have no objection to paying 3, 4, or 5 times the real market value of that technology then do it.
If I were making the purchase decision, I would opt for the lower cost agm batteries knowing that it is possible to retrofit or add the lithium option for much less than the $25K the dealer is asking should my power needs demand it.
For me, this would hold true for any optional item that was offered. I would need a very compelling reason to pay many times more than the value of something that could be had outside the dealership environs for much less.
Here's something different to think about.
Are you going to buy the vehicle outright or finance?
Is there interest involved in the financing?
What is the term of the financing?
2 hypothetical finance examples.
RV1 - AGM Battery Equipped $100K
Loan fixed 20 years @ 5%
RV2 - Lithium Battery Equipped $125K
Loan fixed 20 years @ 5%
10% down payment
You would be financing an additional $22,500 + applicable tax @ 5% for 20 years.
A simple interest calculator will show you that you will actually be paying 45K for the 25K batteries you included in the loan + applicable tax.
Lithium batteries would probably need to be replaced at least once during this period of time so there would be those costs to consider, too.
Options in the automotive world are where dealers make the largest percentage profits. From the owner, sales manager, salesperson, F&I (Finance and Insurance) people, everyone in the facility is incentivized to "sell" the option vs. the standard and provide you with compelling reasons why it is in your best interest to "buy".
It is definitely in their best interest.
This isn't limited to batteries. You will be offered the opportunity to buy all sorts of things. Paint sealant, protection plans, alarm systems, cameras, audio/video/communications systems, upholstery treatments, sewage dumping solutions, remote vs. standard controls and more. The dealer has this one opportunity to load as much onto the sales price as possible and give you as many reasons you need to obtain your agreement. They're highly skilled at this.
Are lithium batteries "better" than lead acid? (AGM is the Absorbed Glass Mat version of a conventional lead acid battery)
Maybe.
Are AGM batteries adequate?
If you think about how many RV's are out there and how many have lithium batteries in them versus those with lead acid, the percentage of lithium is probably less than 1%.
Up until 2 or 3 years ago, RV owners have used lead acid batteries to provide the power they need when not connected to shore power. And with the use of a solar recharging system, most of the power needs can be met. Especially in light of lower consumption devices like led lighting, lithium battery computing, led screen video, 12 volt compressor refrigerators, diesel furnaces. Small, portable, lightweight, low maintenance, very quiet generators can also be included to round out power requirements.
If the new technology appeals to you, and you have no objection to paying 3, 4, or 5 times the real market value of that technology then do it.
If I were making the purchase decision, I would opt for the lower cost agm batteries knowing that it is possible to retrofit or add the lithium option for much less than the $25K the dealer is asking should my power needs demand it.
For me, this would hold true for any optional item that was offered. I would need a very compelling reason to pay many times more than the value of something that could be had outside the dealership environs for much less.