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Well, as it's twenty twenty six and we've
come up on twenty years of this
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car being out, we have to start asking
ourselves,
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Is this something that's gonna stick
around in the future?
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Is this something that's gonna make its
way to something like Barrett Jackson?
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Or literally, is this something that's
just gonna disappear into the abyss?
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What we're talking about is a classic car
industry.
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We all know an internal combustion engine
car even after sitting for over
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a hundred years. You can change a few
parts,
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but the original internal combustion
engine can still be cleaned up,
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refitted, and brought back to life.
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We can make it original and we can make it
run once again,
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even after a hundred years. But after
twenty years,
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can a Tesla Roadster, one of the original
cars that pioneered
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This generation's electric car wave really
be brought back to life
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and retain its resale value? Or electric
car is literally just meant
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to be an obsolete product that we throw
away.
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Today, AutoLooks is gonna be taking a look
at the classic EV marketplace.
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Welcome back to the AutoLooks Podcast.
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I am your host, as always, the Doctor to
the Automotive Industry,
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Mr. Everett J, coming to you from our host
website.
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That is AutoLooks.net. If you haven't been
there,
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stop by, check it out, read some of the
reviews,
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00:01:26,968
check out some of the ratings,
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go to the corporate links website page,
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big or small, we have them all available
at the AutoLooks.net corporate links
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website page. Car companies from around
the globe,
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ones you've never even heard of.
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And we break it out so you can even go
into country.
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That these ones are fun. Find out what
countries have existing automotive
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corporations. Rate available at the
AutoLooks.net website.
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And while there, click the link.
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Check out the new beta version of
AutoLooks Garages.
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Yes, the new Garages app is slowly being
pushed out.
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00:02:02,673
Once we get enough hours in, Google will
give us the green light,
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00:02:05,225
and that application will be ready for
download.
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And ready for you, the public.
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Build your own automotive garage,
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your dreams, of the vehicles that you have
seen.
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You can literally have your own cars in
it.
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Or if there's something that your friend
has and you want it in your garage,
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00:02:23,403
trade with them. All from the
AutoLooksGarages.com website.
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The AutoLooks Podcast is brought to you by
Ecomm Entertainment Group
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and distributed by Podbean.com.
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If you'd like to get in touch with us,
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send us an email over at
email@autolooks.net.
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So like you said in the beginning
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The classic EV industry. Where are we
headed with the classic EV industry?
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We know
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where we're at with the internal
combustion engine.
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We can revive it, we can bring it back to
life.
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Hell we can even in some cases 3D print
with the original forms
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of castings make brand new parts the
original way to bring that classic back
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to life and retain its resale value.
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The buyer's market. So something like
Barrett Jackson will literally
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put it out there and state the fact that
this thing is all original with some
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original recreation parts. People would be
like,
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recreation, but original recreation parts.
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These are built to the exact same spec.
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Well, most of the vehicle is retained its
original status.
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We get a tires break down, you can't keep
them.
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But there are cars that can. There are
certain things that will break down the
car.
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But the bread and butter of the internal
combustion engine is its power source,
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its engine, which makes it go.
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The definition of electric vehicle,
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yes, we have a turbine that powers it and
creates that power to the wheels.
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But essentially, the motorized conveyance
that it pushes down the road.
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is not from the explosion of gases in a
confined environment.
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It's from electricity in a controlled
state being released when it's required.
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And that battery source being able to
retain so much power that you
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can go long distances on a single charge.
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What happens to batteries? We all know.
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We all have a cell phone in our hand.
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Hell a lot of you probably listening to
this podcast via a cell phone
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or a program through a cell phone.
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Well how old is your cell phone?
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Just like how old is your computer at
home?
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Most people won't tell you that most of
their phones and their computers
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are less than ten years old.
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We don't keep them for long, especially
phones,
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because we're constantly using it,
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constantly recharging, and we know over
time there's battery degradation,
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which is gonna bring it down in power
source to a point where we're constantly
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charging it after and after and after
again.
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Well, in an automobile, if we blow a
transmission,
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a transmission still isn't part of the
original engine,
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but we can take it out, we can rebuild it.
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that original transmission. Not to say
that we can't do that with electric
vehicles.
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The electric turbine which moves the
vehicle,
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which propels it.
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Can be rebuilt. The suspension can be
rebuilt.
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The brakes can be rebuilt. The battery
pack can be rebuilt.
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You can make new parts for it.
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But it's not something everybody can do in
their own garage.
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I actually had an email a couple years ago
from a father.
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Who his son had done some work and wanted
me to add a site to our website.
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Okay, if you didn't know this,
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the AutoLooks.net website actually has a
tab at the top that allows you to
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go in and see websites from all over the
world.
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Ones that people have actually sent to us.
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So just go into the help page,
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click help, and that gives you up all
these companies.
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Very top of our actual list on the side
says 3D printing.
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So I had this My Mini Factory and T
MakerBot Thingiverse.
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These were sent to me by somebody,
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one, listens to our podcast, and two found
our website Insightful
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They were able to rebuild these parts.
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Because you gotta remember, 3D printing
can work with plastics,
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alloys, and even food. Come on,
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those buddy print 3D cakes. But you can
actually make workable parts.
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Not just out of carbon fiber or plastic,
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like out of aluminum. Not pure castic,
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but out of steel. You can have these
things printed and made for your vehicle.
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without having to go to the machine shop.
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So they're able to rebuild parts to their
classic car.
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But how many of you out there are able to
take apart a battery pack underneath your
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Tesla Roadster? 2006 Tesla Roadster,
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the originals, 20-year-old car,
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pull the battery pack out, and literally
pull each cell out and rework
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the whole thing to its original standard
to put it back in the vehicle
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to keep it all original.
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Not a lot of you.
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Now we do get it when you're going into
the hybrid,
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so plug-in electric hybrids, or just
standard hybrid technology like
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an original Prius. The nickel hydride
batteries.
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Now nickel hydride batteries, people can
replace them.
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Most people shouldn't, because you gotta
remember there is acid in there,
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but it can be serviced. So you can
literally take those batteries in,
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get them reworked, and bring them back.
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Sure, it's not 100% original, but it's as
close to the original as
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you can possibly get.
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That's why when you go out to classic car
shows and you see something like
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a Detroit electric vehicle. One of the
original cars.
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Going back to 1922 on our website,
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you can see a Detroit electric coupe.
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And I actually saw one of these when I
went to Cobble Beach,
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just outside of Owen Sound, Canada's
premier automotive show,
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similar to that of Ville d'Este or Pebble
Beach.
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I saw one of these.
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And I asked them about the battery,
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but they said the batteries back in those
days were actually reworkable
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for most standard people. Yeah,
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there's a little bit more technical to it,
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but they were able to rework it and
rebuild it to its near pre-production
phase.
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So that's Detroit Electric was as close to
the original as you could possibly
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be without it rolling off of the assembly
line.
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For a vehicle that's over a hundred years
old.
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And I saw it what twenty twenty three?
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So it literally was a hundred year old
car.
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And they're able to retain it.
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So they can retain its value.
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Even though it was a short run vehicle,
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you were still able to reconfigure,
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reconstruct the parts from it.
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See that's the problem with the electric
vehicle industry.
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We're essentially a hundred years on.
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If you go back and you listen to our
podcast a hundred years on,
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you'll understand what we're talking about
here.
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Because essentially we're right back to
where we were a hundred years
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ago at this exact point in the automotive
world.
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You may fight with me and be no,
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no, no, Everett. We we are not.
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At the exact same point and say,
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Yes, we are. We're going through a whole
brand new power source.
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We got tons of new companies just coming
out of the woodwork every single year.
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Just look at China and how many companies
have come out.
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Go to our website and go to down to the
99-defunct portion and find out
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how many of these companies don't even
exist in China anymore.
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You find some of them that have existed
for like two years and then went away.
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That is where we were a hundred years ago.
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Right back where we started 100 years
later with electric vehicles.
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Even though we had electric vehicles over
100 years ago.
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But like I said, that battery pack,
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can you tear it down? Can you rebuild it?
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Can you do this on your own? No.
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And essentially the battery pack is the
internal combustion engine where
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the turbine that moves the vehicle and
powers it along the route
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is the transmission. A transmission can be
pulled out and rebuilt.
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But the battery pack, which is the same as
the engine block,
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is a lot more difficult to keep original.
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So how do we keep the classic EV industry
from becoming throwaway vehicles?
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Well, if we all switch to nickel hydride
batteries,
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we can do it very easily. We can create
new ones,
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put them in, reproduce. You can do that
with battery packs.
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00:10:01,253
Tesla has done that. A couple years back,
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you were able to do that.
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It between three and $12,000, depending on
where you got it,
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00:10:09,056
for a replacement battery pack for your
car.
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00:10:13,667
Now, technology has changed. So those new
battery packs can go further,
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they can last longer, and they can handle
more than the original ones from 2006.
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But
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That's like taking your 69 Camaro and
dropping a brand new Hemi Crate engine
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00:10:26,164 -->
00:10:30,676
underneath the hood. Are you gonna retain
the value of that 69 Camaro?
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00:10:30,676 -->
00:10:34,018
No, it's gonna be a brand new Resto mod.
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It's gonna be a rebuilt classic car for
the future.
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00:10:38,000 -->
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It's not gonna be worth as much as as if
it was all original.
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00:10:46,597
And that's essentially where the electric
vehicle industry is going for classics.
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They're not going to be these vehicles.
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They're going to be worth millions of
dollars down the road,
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00:10:50,980 -->
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even though there's like 20 of them ever
built.
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Because people are going to know they're
not all original.
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00:10:56,274 -->
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And we can't make them all original.
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I remember reading a few years back about.
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00:11:06,030
The seacan found in China with three Tesla
roadsters inside of it.
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These things have been literally sitting
there since 2009.
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They didn't get the paperwork done,
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00:11:13,502
so when they never actually got into
China,
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00:11:13,502 -->
00:11:16,965
they were being bought out by a company
that wanted to build their
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00:11:21,047
own roadster in China because the electric
vehicle industry was going crazy.
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00:11:22,818
So they bought these, they brought them
over,
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00:11:25,439
couldn't pay the duties, this whole thing
went through the courts,
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00:11:27,020
and eventually the vehicle just got found.
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00:11:29,682
Now they turned around, they sent them
back to the US,
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00:11:29,682 -->
00:11:33,734
and they sold them. But people were
picking up these three roadsters for dirt
cheap.
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00:11:33,734 -->
00:11:38,357
These weren't the $180,000 sports cars
that people originally bought.
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00:11:38,357 -->
00:11:42,940
No, they were buying them for between
$12,000 to $30,000 because they weren't
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00:11:46,402
all original. That battery pack had been
sitting there for so long,
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00:11:49,604
it was dead. You can't bring those cells
back to life.
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00:11:49,604 -->
00:11:51,846
You have to rebuild it from scratch.
219
00:11:51,996 -->
00:11:55,238
Which is gonna cost you more than putting
a new battery pack in it.
220
00:11:55,238 -->
00:11:57,260
And even if it was all original,
221
00:11:57,260 -->
00:11:59,981
would it retain its value? No.
222
00:11:59,981 -->
00:12:03,523
Because these electric vehicles haven't
been through enough.
223
00:12:03,523 -->
00:12:05,134
They haven't gone through these paths.
224
00:12:05,284 -->
00:12:09,758
By 2056 when the Tesla Roadster is fifty
years old,
225
00:12:09,758 -->
00:12:13,471
it'll hold on to its value a lot better
because it was original
226
00:12:13,471 -->
00:12:16,233
and helped pioneer this brand new power
source,
227
00:12:16,233 -->
00:12:18,285
this brand new way we get around.
228
00:12:18,285 -->
00:12:19,806
It wasn't the original pioneer,
229
00:12:19,806 -->
00:12:23,319
but for this generation and for the
explosion of the twenty first century,
230
00:12:23,319 -->
00:12:25,872
the electric vehicle craze, it was the
pioneer.
231
00:12:25,872 -->
00:12:28,854
That nostalgia has not hit the classic car
industry.
232
00:12:29,004 -->
00:12:31,318
Why do I say that? Well take a look at the
Model S.
233
00:12:31,318 -->
00:12:33,301
They just killed an off this year.
234
00:12:33,451 -->
00:12:34,487
The original model S.
235
00:12:34,637 -->
00:12:40,393
Back to the early 2000s. Essentially
between 2010 and 2012 is when
236
00:12:40,393 -->
00:12:44,207
the Model S slowly started coming out and
being available to the public.
237
00:12:44,207 -->
00:12:45,908
I remember going to my brother's wedding,
238
00:12:45,908 -->
00:12:50,768
I believe that was 2013, and I saw tons of
Tesla's out in California,
239
00:12:50,768 -->
00:12:53,811
and I still had only seen one back in
Ontario.
240
00:12:53,961 -->
00:12:55,048
Because they just came out.
241
00:12:55,198 -->
00:12:58,283
Fourteen years later, this car's being
killed off.
242
00:12:58,283 -->
00:13:01,288
It was a pioneer of this brand new
marketplace.
243
00:13:01,438 -->
00:13:04,891
Course its being killed off at a time just
before you're gonna have
244
00:13:04,891 -->
00:13:07,834
to replace its standard power source,
245
00:13:07,834 -->
00:13:10,976
the battery pack. Degradation happens,
246
00:13:10,976 -->
00:13:13,098
as we said, with our cell phones.
247
00:13:13,098 -->
00:13:15,100
How often do you update your cell phone?
248
00:13:15,100 -->
00:13:17,342
Now, for myself, sometimes you know,
249
00:13:17,342 -->
00:13:20,905
every five to six years. I go a little bit
later later because you know
250
00:13:20,905 -->
00:13:24,438
I haven't gotten down to those big you
know like iPhone crazes where a
251
00:13:24,438 -->
00:13:25,438
new one comes out and it's like,
252
00:13:25,407 -->
00:13:26,407
shit.
253
00:13:26,120 -->
00:13:29,044
I gotta drop three thousand dollars to get
this brand new phone.
254
00:13:29,044 -->
00:13:30,926
Now I I look at it and go, No,
255
00:13:30,926 -->
00:13:32,849
I'm gonna sit back, I'm gonna wait,
256
00:13:32,849 -->
00:13:35,612
and I'm gonna give it at least a year
until the price comes down
257
00:13:35,612 -->
00:13:38,856
and the market's not crazy. And I can
literally pick this thing up
258
00:13:38,856 -->
00:13:40,739
for what it's actually worth.
259
00:13:40,889 -->
00:13:44,521
Now if you go back now and you find cell
phones from the nineties,
260
00:13:44,521 -->
00:13:48,064
those old flip phones, they're actually
starting to become valuable.
261
00:13:48,064 -->
00:13:50,375
Because kids these days didn't grow up
with them.
262
00:13:50,375 -->
00:13:52,747
They didn't see them. And they thought
they were cool.
263
00:13:52,747 -->
00:13:54,949
It's a classic nostalgic piece.
264
00:13:55,099 -->
00:14:00,031
So those old Motorola razors that
essentially helped pioneer these big flip
phones,
265
00:14:00,031 -->
00:14:03,773
the brand new one that Apple just released
with the new iPhone,
266
00:14:03,773 -->
00:14:07,465
the foldable iPhone? The Razor is one of
the pioneers of that.
267
00:14:07,465 -->
00:14:11,867
Go online and look at the price of
original working Motorola razors.
268
00:14:11,867 -->
00:14:16,519
Ones with original batteries that still
work will be more valuable than ones with
269
00:14:16,519 -->
00:14:17,519
brand new batteries.
270
00:14:17,529 -->
00:14:21,350
They'll still hold pretty close to the
same because people want them.
271
00:14:21,350 -->
00:14:23,470
But you have to create that nostalgia.
272
00:14:23,470 -->
00:14:28,592
And when your nostalgia in an industry is
essentially a throwaway product,
273
00:14:28,592 -->
00:14:30,633
nobody pays big bucks for that.
274
00:14:30,633 -->
00:14:32,954
You want a perfect example of that in the
automotive industry?
275
00:14:32,954 -->
00:14:38,895
How many people out here listening to this
podcast right now would drop $100,000
276
00:14:38,895 -->
00:14:41,816
on a 1984 Dodge K Car?
277
00:14:41,966 -->
00:14:44,706
Yeah, the old K-Car platform. Or the New
Yorker.
278
00:14:44,706 -->
00:14:48,338
Or the Plymouth Reliant. How many of you
would drop that much money on
279
00:14:48,338 -->
00:14:49,338
one of those cars? You'd be like,
280
00:14:49,328 -->
00:14:53,599
no, that's literally garbage. How about
that tiny little piece of crap that
281
00:14:53,599 -->
00:14:57,750
I have sitting in my garage? A 2002 Kia
Rio!
282
00:14:57,750 -->
00:15:00,961
Sure it was one of the original pioneers
for the Kia Motor Corporation,
283
00:15:00,961 -->
00:15:03,251
and it's a stick shift. The only reason
why I keep it around,
284
00:15:03,251 -->
00:15:04,731
sticks are hard to find now. Well,
285
00:15:04,731 -->
00:15:05,731
not up in the bush.
286
00:15:05,741 -->
00:15:08,673
Out the highway, yeah. Will I ever get my
money back for that thing?
287
00:15:08,673 -->
00:15:12,957
No. Well, one, it's not the original
engine because the original engine blew
288
00:15:12,957 -->
00:15:14,849
up on me because they were interference
motors,
289
00:15:14,849 -->
00:15:17,421
and two, it's not a car, it's high demand.
290
00:15:17,421 -->
00:15:20,203
The Tesla Roadster could be that,
291
00:15:20,203 -->
00:15:22,795
could be that high demand. It was one of
the pioneers of
292
00:15:22,795 -->
00:15:23,966
the electric vehicle industry.
293
00:15:23,966 -->
00:15:26,368
But there are two things working against
it.
294
00:15:26,368 -->
00:15:30,829
One, there's no nostalgia in the EV
marketplace because it is deemed as a
threat.
295
00:15:31,023 -->
00:15:33,205
throw away product just like your cell
phone.
296
00:15:33,355 -->
00:15:39,790
And number two, it's built off a lotus
platform and looks a hella lot like a
Lotus.
297
00:15:39,790 -->
00:15:42,572
People are willing to drop more money on a
Lotus Evora.
298
00:15:42,722 -->
00:15:46,462
Hell, even the Elise from that time period
built up those platforms.
299
00:15:46,462 -->
00:15:48,943
Then they are on a Tesla Roadster.
300
00:15:48,943 -->
00:15:51,544
Even though it was the original Tesla,
301
00:15:51,544 -->
00:15:55,315
people aren't willing to spend big bucks
to get those cars.
302
00:15:55,315 -->
00:15:57,245
Like I said, those ones found in the
shipping container.
303
00:15:57,245 -->
00:15:59,826
You needed to get whole brand new
batteries.
304
00:15:59,826 -->
00:16:01,346
And because they were sitting for so long,
305
00:16:01,346 -->
00:16:03,746
they know there's lots of work that's got
to go into it.
306
00:16:03,746 -->
00:16:04,746
It's like
307
00:16:04,406 -->
00:16:08,639
Going out and finding an old thirties
Duesenburg sitting in a sea can,
308
00:16:08,639 -->
00:16:11,621
finding it now. Yeah, there's gonna be a
lot of work to get that thing back
309
00:16:11,621 -->
00:16:13,101
on the road. But you know what?
310
00:16:13,101 -->
00:16:16,604
Besides wear parts that are gonna just
corrode over time,
311
00:16:16,604 -->
00:16:19,626
the original vehicle, its shell,
312
00:16:19,626 -->
00:16:23,999
and its power source can still be rebuilt
to near production.
313
00:16:24,149 -->
00:16:26,180
That is what they have working against
them.
314
00:16:26,180 -->
00:16:30,303
See, 25 years is what you would consider a
classic timeline.
315
00:16:30,303 -->
00:16:32,645
When you're 25 years old, you're a
classic.
316
00:16:32,645 -->
00:16:35,968
When your car's 25 years old, it's a
classic.
317
00:16:35,968 -->
00:16:39,451
Next year, my little Kia Rio turns 25.
318
00:16:39,451 -->
00:16:44,375
I actually have to go and get new
insurance for it because it is a classic
car.
319
00:16:44,375 -->
00:16:46,397
25 years old. Now, would you consider?
320
00:16:46,547 -->
00:16:50,122
A 2002 Kia Rio as a classic automobile?
321
00:16:50,122 -->
00:16:51,534
No you wouldn't consider it that.
322
00:16:51,684 -->
00:16:54,976
Would you consider a 2002 Toyota Celica,
323
00:16:54,976 -->
00:16:56,950
as a classic car? I don't know.
324
00:16:56,950 -->
00:16:58,751
Right on the cusp of twenty-five years,
325
00:16:58,751 -->
00:17:01,533
people are still kinda iffy. It's
considered a classic,
326
00:17:01,533 -->
00:17:02,614
but it's not considered.
327
00:17:02,764 -->
00:17:06,942
Usually vehicles have to hit between that
thirty to forty year mark before they
328
00:17:06,942 -->
00:17:11,130
start to notice how old they are and how
much they're actually worth.
329
00:17:11,130 -->
00:17:13,204
That's when people start understanding it.
330
00:17:13,204 -->
00:17:14,898
See the classic car industry.
331
00:17:15,048 -->
00:17:18,490
Unless it's a high demand and high desire
vehicle,
332
00:17:18,490 -->
00:17:23,273
it only gains classic status when there
are barely any of them in existence.
333
00:17:23,273 -->
00:17:29,036
Go back to the 1960s or 70s. If you see a
Tucker Torpedo sitting for sale somewhere,
334
00:17:29,036 -->
00:17:33,698
how many people are gonna spend what that
car was originally worth to buy it?
335
00:17:33,698 -->
00:17:34,698
No one.
336
00:17:34,308 -->
00:17:36,127
It's an ill fated car company.
337
00:17:36,127 -->
00:17:38,007
Who cares? It died out a decade ago.
338
00:17:38,007 -->
00:17:39,011
It got killed off.
339
00:17:39,161 -->
00:17:42,810
You know, it didn't make it, so why would
I want to buy something I can't fix?
340
00:17:42,810 -->
00:17:45,758
Fast forward to the nineteen eighties when
the Tucker movie came out.
341
00:17:45,908 -->
00:17:47,396
And people look at it differently.
342
00:17:47,546 -->
00:17:50,037
People get the history and nostalgia
behind it.
343
00:17:50,037 -->
00:17:52,598
And they start to understand there's only
50 of them.
344
00:17:52,598 -->
00:17:56,680
There were only 50 made. Even if you knew
the original story behind it back
345
00:17:56,680 -->
00:17:59,541
in the 60s, you still weren't willing to
pay big bucks for it.
346
00:17:59,541 -->
00:18:03,883
Now, into the 2020s, those cars go for
fortunes.
347
00:18:03,883 -->
00:18:08,164
Not to say that the classic EV marketplace
won't ever get there.
348
00:18:08,164 -->
00:18:09,545
It will at some point.
349
00:18:09,695 -->
00:18:13,287
But will s nostalgia finally catch up to
EVs?
350
00:18:13,287 -->
00:18:16,089
Will 25-year cars catch up to it as well?
351
00:18:16,089 -->
00:18:18,000
Well, designs hardly change. See,
352
00:18:18,000 -->
00:18:21,291
the EV industry, the problem with it is a
lot of them,
353
00:18:21,291 -->
00:18:25,942
the designs don't change as quickly as the
internal combustion engine.
354
00:18:25,942 -->
00:18:31,525
They change slightly. The Model S
essentially only had three design
variations
355
00:18:31,525 -->
00:18:32,525
of it.
356
00:18:32,045 -->
00:18:34,418
When you look at the original and what
they had at the end,
357
00:18:34,418 -->
00:18:37,921
you can see the difference. But when the
original and was reworked
358
00:18:37,921 -->
00:18:40,534
to the second gen, there wasn't much of a
difference.
359
00:18:40,534 -->
00:18:43,617
And from second to third you barely even
see a difference.
360
00:18:43,617 -->
00:18:46,770
So this car is just blended across
generations.
361
00:18:46,920 -->
00:18:49,201
Where's the nostalgia when the vehicle
looks like that?
362
00:18:49,201 -->
00:18:52,282
Seriously, when the Dodge Durango turns
25,
363
00:18:52,282 -->
00:18:54,043
will you consider it a classic?
364
00:18:54,043 -->
00:18:57,745
No, because its production was well over a
decade long.
365
00:18:57,745 -->
00:19:00,557
It'll take a long time before people
realize it.
366
00:19:00,557 -->
00:19:04,688
And when people see long amount of times
that vehicles are produced
367
00:19:04,748 -->
00:19:09,310
in those same designs, the nostalgia
really wears itself down because there
368
00:19:09,310 -->
00:19:10,701
are tons of them out there.
369
00:19:10,851 -->
00:19:12,633
They've seen tons of them out there,
370
00:19:12,633 -->
00:19:17,831
so they don't get it in their back minds
that it's a desirable car worth anything
371
00:19:17,831 -->
00:19:19,363
in the classic car industry.
372
00:19:19,513 -->
00:19:21,517
So in a sense, the EVs of the future,
373
00:19:21,517 -->
00:19:25,144
because the markets are being flooded with
so many of them right now,
374
00:19:25,144 -->
00:19:30,453
a lot of them will never really be worth
anything until past that 50-year mark.
375
00:19:30,603 -->
00:19:33,844
Would you spend tons of money on a
Lordstown Motors truck?
376
00:19:33,844 -->
00:19:36,535
Would you spend tons of money if you
bought a Faraday Future?
377
00:19:36,535 -->
00:19:40,467
Or how about Coda Automotive?
378
00:19:40,467 -->
00:19:42,448
Yeah, Coda. Go and check it out.
379
00:19:42,448 -->
00:19:44,869
We have it in our defunct site.
380
00:19:44,869 -->
00:19:47,550
Would you buy one of those as a classic
car?
381
00:19:47,550 -->
00:19:50,371
Knowing that the technology barely
existed.
382
00:19:50,371 -->
00:19:53,612
The replacement parts are all on you.
383
00:19:53,762 -->
00:19:58,094
And even if you get this entire thing
working and bring it to car shows,
384
00:19:58,094 -->
00:19:59,495
even some of the top ones in the world,
385
00:19:59,495 -->
00:20:02,056
it can be the one of the last few
remaining.
386
00:20:02,056 -->
00:20:04,598
Will you win awards? Will people take
notice?
387
00:20:04,748 -->
00:20:09,613
Those answers are usually no. How many
people take notice when they
388
00:20:09,613 -->
00:20:16,060
see a standard 1964 Ford Mustang
convertible in red at a car show?
389
00:20:16,060 -->
00:20:17,841
Do you turn your head and look at it?
390
00:20:17,841 -->
00:20:21,976
No. Because you knew there was tons of
them built and there's tons of them
391
00:20:21,976 -->
00:20:22,976
out there even today.
392
00:20:23,117 -->
00:20:27,466
When you go to a car show like I did when
I went to Cobble Beach and
393
00:20:27,466 -->
00:20:30,692
you see the original Mustang concept,
394
00:20:30,692 -->
00:20:33,838
that two-seater, no windshield,
395
00:20:33,838 -->
00:20:35,051
speedster.
396
00:20:35,201 -->
00:20:37,327
You want it. In something like that,
397
00:20:37,327 -->
00:20:40,487
you're gonna spend time rebuilding it.
398
00:20:40,637 -->
00:20:43,171
Someone like Jay Leno will go out,
399
00:20:43,171 -->
00:20:48,560
get a Chrysler Turbine, and rebuild the
damn thing to its most original status.
400
00:20:48,560 -->
00:20:52,386
Because he knows that's a classic car that
needs to be kept alive.
401
00:20:52,536 -->
00:20:55,740
I'm asking Jay this, if he's listening to
this podcast or if anyone knows him,
402
00:20:55,740 -->
00:20:59,525
ask him, would he go out and buy a Tesla
Roadster?
403
00:20:59,525 -->
00:21:03,470
Spend thousands of dollars rebuilding that
battery pack to bring it to
404
00:21:03,470 -->
00:21:05,553
the a most original status.
405
00:21:05,703 -->
00:21:07,964
I guess it's probably not. And I guarantee
you,
406
00:21:07,964 -->
00:21:11,694
I know the answer if you ask Jeremy
Clarkson what his answer would be.
407
00:21:11,694 -->
00:21:12,786
Hell no.
408
00:21:12,936 -->
00:21:17,099
So nostalgia is completely working against
the classic car industry.
409
00:21:17,099 -->
00:21:19,720
It's not a nostalgia product. Think about
it now.
410
00:21:19,720 -->
00:21:23,322
The original Toyota Prius from 1997,
411
00:21:23,322 -->
00:21:26,183
which was a sedan, not a hatchback,
412
00:21:26,183 -->
00:21:29,335
even at today's standards, is considered a
classic.
413
00:21:29,485 -->
00:21:31,246
It'll be 30 years old next year.
414
00:21:31,246 -->
00:21:33,407
We would see it as a classic car.
415
00:21:33,407 -->
00:21:36,630
But would you spend tons of money to get
that car?
416
00:21:36,780 -->
00:21:38,483
There are people out there that will.
417
00:21:38,633 -->
00:21:41,805
There's not gonna be droves of people
trying to rebuild them.
418
00:21:41,805 -->
00:21:44,417
The one or two people that wanna keep it
alive,
419
00:21:44,417 -->
00:21:48,270
that wanna keep it for a purpose of a
history.
420
00:21:48,270 -->
00:21:52,392
EVs, a few of them will keep that history
alive.
421
00:21:52,392 -->
00:21:56,575
But classic EVs, they're not really gonna
become a high demand product.
422
00:21:56,575 -->
00:21:59,557
Literally not until the late 2040s.
423
00:21:59,707 -->
00:22:03,535
And even by that time we're getting close
to forty years on some of those cars.
424
00:22:03,685 -->
00:22:06,647
When you see a model S in twenty forty
six,
425
00:22:06,647 -->
00:22:07,647
twenty years from now.
426
00:22:07,712 -->
00:22:10,161
Tell me if you look at it and you want it.
427
00:22:10,311 -->
00:22:15,022
Just as badly as you want 1970 Mustang.
428
00:22:15,172 -->
00:22:19,798
Tell me which one you want. Tell me which
one you'll spend hours rebuilding.
429
00:22:19,948 -->
00:22:23,310
Can Classic survive a brand new power
source?
430
00:22:23,310 -->
00:22:26,654
In our mind, it can, given the amount of
time.
431
00:22:26,654 -->
00:22:30,735
But it won't as quickly as the internal
combustion engine ever did.
432
00:22:30,735 -->
00:22:34,076
Classic EVs have a lot working against
them.
433
00:22:34,226 -->
00:22:36,846
Not original equipment. Not original
parts.
434
00:22:36,846 -->
00:22:41,538
Hell one of the biggest things working
against the EV marketplace besides battery
435
00:22:41,538 -->
00:22:44,268
degradation is software updates.
436
00:22:44,268 -->
00:22:49,810
Has anybody ever tried to turn on an
original copy of Windows 1995 and plug
437
00:22:49,810 -->
00:22:52,270
it into the internet? Like back in 1997,
438
00:22:52,270 -->
00:22:54,591
you'd be able to plug that thing into the
internet and use it.
439
00:22:54,591 -->
00:22:56,632
But open it up and plug it into the
internet.
440
00:22:56,793 -->
00:23:01,106
Will everything work? Will everything be
perfect on it?
441
00:23:01,106 -->
00:23:02,810
Hell I'm running Windows ten.
442
00:23:02,960 -->
00:23:04,547
On computers that I've used.
443
00:23:04,697 -->
00:23:10,400
in as of right now in 2026 a lot of the
backup programs are invalid
444
00:23:10,400 -->
00:23:12,911
and they won't even do anything for you.
445
00:23:12,911 -->
00:23:16,102
Your computer is literally becoming
obsolete.
446
00:23:16,102 -->
00:23:19,844
See electric vehicles have obsolence built
right into them.
447
00:23:19,844 -->
00:23:23,186
Just like the K car had in the 1980s.
448
00:23:23,186 -->
00:23:26,428
Obsolence was built into it. The original
minivan
449
00:23:26,578 -->
00:23:29,510
The caravan from Chrysler, not the
original minivan,
450
00:23:29,510 -->
00:23:31,051
technically the microbus is there,
451
00:23:31,051 -->
00:23:34,093
and there's actually one even before that
back in the nineteen forties.
452
00:23:34,093 -->
00:23:35,464
Like that scarab stout.
453
00:23:35,614 -->
00:23:37,735
I can't remember. I have it on my list.
454
00:23:37,735 -->
00:23:40,686
Ask me, I will find it and send you the
picture of the original ones.
455
00:23:40,686 -->
00:23:41,866
They weren't built in high amounts,
456
00:23:41,866 -->
00:23:43,957
but it's the original conception of the
minivan.
457
00:23:43,957 -->
00:23:46,737
But go back, and obsolence was built in
those cars.
458
00:23:46,737 -->
00:23:48,378
Just like my crappy little Rio.
459
00:23:48,378 -->
00:23:53,039
Obsolence was built into it. It was built
to fail.
460
00:23:53,039 -->
00:23:54,739
It was built to be thrown away,
461
00:23:54,739 -->
00:23:57,270
and it wasn't built to become a classic.
462
00:23:57,420 -->
00:24:02,050
Yeah, there's sedans, wagons, even SUVs
out there that were built to
463
00:24:02,050 -->
00:24:06,512
be classics of the future. The original
Bronco was built to be a classic.
464
00:24:06,512 -->
00:24:09,893
The Chevy Bel Air in every variation was
built to be classic.
465
00:24:09,893 -->
00:24:11,954
The Nomad was built to be a classic.
466
00:24:11,954 -->
00:24:14,655
The original Chrysler 300s were built to
be classics.
467
00:24:14,655 -->
00:24:17,315
The K car was not. The Caravan was not.
468
00:24:17,315 -->
00:24:20,346
My Rio and those old Kia Sephia were not.
469
00:24:20,346 -->
00:24:21,346
Help most Kias and,
470
00:24:21,386 -->
00:24:24,387
Hyundai products they are built in obsolet
into them.
471
00:24:24,387 -->
00:24:27,588
Updates for product software works against
it.
472
00:24:27,588 -->
00:24:30,589
Will you be able to operate some of these
cars in the future?
473
00:24:30,589 -->
00:24:32,109
For the electric vehicle industry,
474
00:24:32,109 -->
00:24:33,970
you're gonna have to become a programmer,
475
00:24:33,970 -->
00:24:35,247
an electrician.
476
00:24:35,397 -->
00:24:39,158
And a machinist, just to keep them on the
market.
477
00:24:39,158 -->
00:24:44,579
Today, most people can learn to become
backyard welders in mechanics,
478
00:24:44,579 -->
00:24:47,820
and we can rebuild just about anything
from the past.
479
00:24:47,820 -->
00:24:50,141
But when you have to start getting into
electronics,
480
00:24:50,141 -->
00:24:52,442
computer technology, and coding,
481
00:24:52,442 -->
00:24:55,493
and complete machining of brand new parts,
482
00:24:55,493 -->
00:24:58,763
especially ones with explosive materials.
483
00:24:58,913 -->
00:25:02,065
You're building in a marketplace that
won't survive.
484
00:25:02,065 -->
00:25:04,686
You're building products to be thrown
away.
485
00:25:04,686 -->
00:25:09,348
The classic car industry will not survive
the EV craze.
486
00:25:09,348 -->
00:25:11,429
Hydrogen has a lot more working parts.
487
00:25:11,429 -->
00:25:15,251
It can sustain itself. Flow cell,
488
00:25:15,251 -->
00:25:18,713
similar. But EVs, the battery is working
against it,
489
00:25:18,713 -->
00:25:19,713
along with software.
490
00:25:19,683 -->
00:25:23,065
And if we can't build a nostalgic electric
vehicle,
491
00:25:23,065 -->
00:25:27,438
we're never gonna get there. The Yang Wang
U9 might be one
492
00:25:27,438 -->
00:25:30,270
of those electric vehicles that we live
for in the future.
493
00:25:30,270 -->
00:25:33,811
We see it and we want it and we know it's
gonna be good.
494
00:25:33,811 -->
00:25:39,024
Rimac even Mate Rimac says the future of
supercars is still
495
00:25:39,024 -->
00:25:40,615
in the internal combustion engine.
496
00:25:40,615 -->
00:25:43,196
After buying Bugatti and seeing the
clientele,
497
00:25:43,196 -->
00:25:44,196
understands.
498
00:25:44,276 -->
00:25:47,294
The electric supercar or the electric
hypercar.
499
00:25:47,444 -->
00:25:49,835
Is literally just there as a filler.
500
00:25:49,835 -->
00:25:54,077
A RIMAC in the future will still never be
worth as much as a Bugatti.
501
00:25:54,077 -->
00:25:58,081
Won't be as much as an Aventador or even
an Enzo.
502
00:25:58,081 -->
00:26:00,983
Look at the value of an Enzo right now.
503
00:26:00,983 -->
00:26:07,446
An Enzo Ferraris were built in a very
close stance to the original Tesla
Roadsters.
504
00:26:07,446 -->
00:26:08,667
By today's standards.
505
00:26:08,817 -->
00:26:13,259
One makes tons of money. Of course it was
low production and very hard to
506
00:26:13,259 -->
00:26:17,528
get in the club to get it. But essentially
the original Tesla Roadsters were like
507
00:26:17,528 -->
00:26:19,860
that as well. You had to drop your
deposit.
508
00:26:19,860 -->
00:26:21,702
You had to be invited, essentially,
509
00:26:21,702 -->
00:26:26,586
almost invited, into the club to join the
original electric vehicle.
510
00:26:26,736 -->
00:26:29,666
We're talking classic EVs in today's
marketplace.
511
00:26:29,666 -->
00:26:33,177
One of the few that would actually be
rebuilt if you had one
512
00:26:33,177 -->
00:26:37,659
and people actually have been trying to
get them is the GM EV1.
513
00:26:37,659 -->
00:26:41,320
Why do we want those? And hell remember
Saturn made a version of it as well.
514
00:26:41,320 -->
00:26:43,040
If you got your hands on one of those,
515
00:26:43,040 -->
00:26:49,102
a lot of us would rebuild it. Because we
know that's the car that all of these.
516
00:26:49,252 -->
00:26:52,384
movies, videos and everything made fun of.
517
00:26:52,384 -->
00:26:57,708
You watch The Simpsons and they got that
one and I'm in an electric car
518
00:26:57,908 -->
00:27:02,041
and I don't move very fast. And when
people see riding in you,
519
00:27:02,041 -->
00:27:07,475
you think I'm getting hi That's something
that doesn't go along today.
520
00:27:07,475 -->
00:27:09,180
A lot of people get offended by it,
521
00:27:09,180 -->
00:27:13,293
but that's essentially what the original
GM EV1 was and we want
522
00:27:13,293 -->
00:27:14,584
to bring something like that back.
523
00:27:14,584 -->
00:27:15,815
We remember the nostalgia
524
00:27:15,965 -->
00:27:19,458
We remember the history behind it and how
they took them all back
525
00:27:19,458 -->
00:27:21,560
and crushed them and a few managed to
escape.
526
00:27:21,560 -->
00:27:23,742
See if Tesla had done that with the
roadster,
527
00:27:23,742 -->
00:27:25,684
tried to bring them all back and get rid
of them,
528
00:27:25,684 -->
00:27:29,227
they might be more valuable because
there's a strong story behind it.
529
00:27:29,227 -->
00:27:31,409
But because it was just a car built,
530
00:27:31,409 -->
00:27:37,414
thrown to a marketplace to try and get
more money to get people into buying
sedans,
531
00:27:37,414 -->
00:27:40,887
CUVs, and ALVs from the same company.
532
00:27:41,037 -->
00:27:46,344
There's nothing behind it. Classic EVs and
the EVs you see today don't have much
533
00:27:46,344 -->
00:27:47,970
nostalgia behind it.
534
00:27:48,120 -->
00:27:52,013
Maybe in about thirty years we'll start
looking back and seeing Lordstown
Endurance,
535
00:27:52,013 -->
00:27:54,685
that pickup truck, and we'll wanna rebuild
it.
536
00:27:54,685 -->
00:27:57,037
The truck that tried to do it,
537
00:27:57,037 -->
00:28:00,971
that fought super hard, came crumbling
down just like Tucker.
538
00:28:01,121 -->
00:28:02,742
And some of us are gonna want to keep
them.
539
00:28:02,742 -->
00:28:08,225
When they closed the factory, they had
about eighty trucks still sitting for
sale.
540
00:28:08,225 -->
00:28:09,606
I almost considered buying one,
541
00:28:09,606 -->
00:28:12,087
but then you know I gotta get nine grand
Americans.
542
00:28:12,087 -->
00:28:18,589
How does that work out to about thirteen
thousand Canadian for me to get one?
543
00:28:18,589 -->
00:28:22,131
Like thirteen grand for an electric pickup
truck that if it sits in
544
00:28:22,131 -->
00:28:25,462
my garage for too long, it's gonna die and
I'm gonna have to spend even more money
545
00:28:25,462 -->
00:28:27,353
to get together. I didn't have the money
to
546
00:28:27,503 -->
00:28:30,905
Do the upkeep on this thing, but it would
have been something amazing
547
00:28:30,905 -->
00:28:35,237
to have because I know in the future
that's going to be a high demand product
548
00:28:35,237 -->
00:28:38,078
in some of these shows. The company that
could,
549
00:28:38,078 -->
00:28:40,059
the company that fought through,
550
00:28:40,059 -->
00:28:43,401
the car that molded a generation.
551
00:28:43,401 -->
00:28:49,444
Nostalgia works with so much. And the EV
marketplace doesn't have it.
552
00:28:49,444 -->
00:28:51,265
There is no nostalgia.
553
00:28:51,415 -->
00:28:55,677
The only nostalgia vehicle from Tesla
that's gonna become a classic in the
future,
554
00:28:55,677 -->
00:28:58,768
is I'm sorry to say, a lot of us don't
like it,
555
00:28:58,768 -->
00:29:01,589
but it's gonna be there is the Cybertruck.
556
00:29:01,589 -->
00:29:03,710
It's a design that nobody wanted,
557
00:29:03,710 -->
00:29:08,572
and it was so simple and so bland and so
just way out there.
558
00:29:08,572 -->
00:29:10,773
30 years from now, people are gonna look
at it and go,
559
00:29:10,773 -->
00:29:15,254
that was a truck that did everything
against the grain.
560
00:29:15,254 -->
00:29:16,675
It's something we're gonna
561
00:29:16,805 -->
00:29:19,237
Pay to rebuild to show it off.
562
00:29:19,237 -->
00:29:23,761
Because we know they tried to produce tons
of them and nobody wanted them.
563
00:29:23,761 -->
00:29:27,705
And everybody who owned them just threw
them away at the end of their life.
564
00:29:27,705 -->
00:29:32,729
It's a nostalgia vehicle that's gonna
bring the EV marketplace up a notch.
565
00:29:32,729 -->
00:29:36,552
But something like a BYD Qin or song is
not.
566
00:29:36,552 -->
00:29:37,894
They're throwaway vehicles.
567
00:29:38,044 -->
00:29:41,345
They're not like AMC pacers or ramblers.
568
00:29:41,345 -->
00:29:44,526
They're not something you see at a car
show and like that is cool,
569
00:29:44,526 -->
00:29:46,367
I remember those. It's gonna be like,
570
00:29:46,367 -->
00:29:49,248
yeah, that was just another electric car
on the market.
571
00:29:49,248 -->
00:29:51,930
Nostalgia. Power source, rebuilds,
572
00:29:51,930 -->
00:29:56,551
and technology all work against the
classic EV marketplace.
573
00:29:56,551 -->
00:30:00,004
Its future is there, but it's there in
such a.
574
00:30:00,154 -->
00:30:03,584
Tiny, minute part of the marketplace.
575
00:30:03,734 -->
00:30:07,716
that only a few are ever gonna be
considered true classic.
576
00:30:07,866 -->
00:30:10,817
Unfortunately, the EV marketplace may blow
up,
577
00:30:10,817 -->
00:30:13,899
but until something nostalgic ever comes
out of it,
578
00:30:13,899 -->
00:30:16,738
if it falls flat on its face ten years
from now,
579
00:30:16,738 -->
00:30:18,509
we move to a completely new power source,
580
00:30:18,509 -->
00:30:22,252
it's just gonna be an ill-forgotten fad
from the past.
581
00:30:22,252 -->
00:30:23,273
Classic EVs
582
00:30:23,423 -->
00:30:27,961
them and will we ever accept them for what
they really are.
583
00:30:28,111 -->
00:30:32,794
Cause by all standards, if the Tesla
Roadster was an internal combustion engine
584
00:30:32,794 -->
00:30:35,606
vehicle that started that craze,
585
00:30:35,606 -->
00:30:40,129
it would be like the Model T. It would be
the car that everyone would want
586
00:30:40,129 -->
00:30:41,820
30 to 40 years from now. Sure,
587
00:30:41,820 -->
00:30:45,352
we saw tons of them, but that's the car
that started it.
588
00:30:45,352 -->
00:30:47,724
Not just that's the car that got
589
00:30:47,874 -->
00:30:49,131
The other cars off the ground.
590
00:30:49,281 -->
00:30:52,933
Just works against it. Classic EVs.
591
00:30:52,933 -->
00:30:56,875
Do you really think this marketplace can
survive and expand the
592
00:30:56,875 -->
00:30:58,636
way the Internal Combustion Engine did?
593
00:30:58,636 -->
00:31:04,509
Yes, it can, but it needs to create those
master products to really showcase that
594
00:31:04,509 -->
00:31:06,780
market to everyone. Until it does that,
595
00:31:06,780 -->
00:31:12,023
it's just gonna become another throwaway
product that we find and dump
596
00:31:12,163 -->
00:31:14,245
30 years from now and think, yeah,
597
00:31:14,245 -->
00:31:15,245
I remember those.
598
00:31:15,115 -->
00:31:19,826
Not something that we're gonna drool over
and want to hold on to forever.
599
00:31:19,826 -->
00:31:21,666
There's just too much that goes into it.
600
00:31:21,666 -->
00:31:25,327
And too much to rebuild it. Classic EVs.
601
00:31:25,327 -->
00:31:30,249
It's a market that's gonna take a lot
longer to get here than we really think.
602
00:31:30,249 -->
00:31:31,699
So if you like this podcast, we like,
603
00:31:31,699 -->
00:31:35,060
share, comment about it on any of my major
social feeds or streaming sites
604
00:31:35,060 -->
00:31:36,871
you found the AutoLooks podcast on.
605
00:31:37,021 -->
00:31:38,772
Like us, share us, comment about us,
606
00:31:38,772 -->
00:31:40,202
tell your friends, tell your family,
607
00:31:40,202 -->
00:31:41,973
tell your coworkers, tell your boss,
608
00:31:41,973 -->
00:31:45,814
ask them about the electric cars and what
electric cars they think
609
00:31:45,814 -->
00:31:47,504
are gonna become future standards.
610
00:31:47,504 -->
00:31:50,186
Is there anything in the electric vehicle
industry right now that
611
00:31:50,186 -->
00:31:53,337
you think could become like a Citroen 2CV
in the future?
612
00:31:53,337 -->
00:31:55,778
Sure it was cheap, sure it was throwaway,
613
00:31:55,778 -->
00:31:58,279
sure there was millions and millions and
millions of them out there,
614
00:31:58,279 -->
00:32:01,201
but we still deem it as a vehicle that
built.
615
00:32:01,351 -->
00:32:04,302
marketplace just like the Volkswagen
Beetle.
616
00:32:04,302 -->
00:32:06,523
Are we all just gonna look at it and be
like I don't know.
617
00:32:06,523 -->
00:32:08,414
Give us your thoughts. Tell us,
618
00:32:08,414 -->
00:32:09,685
write us a comment at the bottom,
619
00:32:09,685 -->
00:32:11,866
and share it with your friends and family.
620
00:32:11,866 -->
00:32:17,479
Tag AutoLooks in it and let us know what
you think about the classic EV
marketplace.
621
00:32:17,479 -->
00:32:22,191
What points you think might work against
it or even with it in the future.
622
00:32:22,371 -->
00:32:25,992
Send us an email over at email at
AutoLooks.net or comment at the bottom
623
00:32:25,992 -->
00:32:28,541
of the podcast page. The AutoLooks Podcast
is brought to you
624
00:32:28,541 -->
00:32:31,523
by Ecomm Entertainment Group and
distributed by Podbean.com.
625
00:32:31,523 -->
00:32:32,553
If you'd like to get in touch with us,
626
00:32:32,553 -->
00:32:36,424
send us an email over at email at
AutoLooks.net.
627
00:32:36,424 -->
00:32:39,265
So I'm Everett J, the host of the
AutoLooks Podcast,
628
00:32:39,265 -->
00:32:43,656
the owner of AutoLooks.net, and the
creator of Garages,
629
00:32:43,656 -->
00:32:46,866
the brand new app coming from AutoLooks
and Ecomm Media.
630
00:32:47,016 -->
00:32:50,249
For myself, Podbean.com, Riverside
Studios,
631
00:32:50,249 -->
00:32:53,952
and Ecomm Entertainment, strap yourself in
for this one fun,
632
00:32:53,952 -->
00:32:57,869
sorry to say, slow ride that the classic
EV marketplace is gonna take us.