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Lithium cost keep dropping!

3_tons
Explorer
Explorer
A FYI only, I haven’t checked into Amazon’s LiFePO4 offerings in quite some time, but just saw this today, 100a/h and 10 year warranty for $338 with $50 coupon applied…I have no experience with this particular brand (I have Aims), so I make no claims as to it’s performance, but the Lithium value quotient is becoming something to consider…

https://www.amazon.com/Enjoybot-100Ah-2000-5000-Lifetime-Off-grid/dp/B09CPWMZBZ/ref=sr_1_42?crid=30WW8IZY0IEBH&dchild=1&keywords=lithium+rv+battery+100ah&qid=1631671328&sprefix=Lithium+Rv%2Caps%2C245&sr=8-42

3 tons
58 REPLIES 58

3_tons
Explorer
Explorer
dfm wrote:
3 tons wrote:
rexlion wrote:
That would be one of the few things that is dropping in price these days.


I think it’s mostly due to the value of money going down…:)

3 tons


If the value of money is going down, the price of an item should be increasing!!!?


Bingo!! Suggesting nowadays, the battery’s relatively low price is ‘the exception’ (competition? market flooding? increased efficiency? over supply?)… In general Econ 101 terms, it’s not so much that the cost of goods and services keeps going UP, it’s that the value of our currency keeps going DOWN (Ugg!) due to the ongoing dilution of a nation’s monetary supply - this process can equate to a stealth form of taxation, thus the rational for (at least a lucky few 🙂 ) COLA adjustments…

3 tons

jonaz
Explorer
Explorer
Im investing in crypto 🙂

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dfm
Explorer
Explorer
3 tons wrote:
rexlion wrote:
That would be one of the few things that is dropping in price these days.


I think it’s mostly due to the value of money going down…:)

3 tons


If the value of money is going down, the price of an item should be increasing!!!?
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LittleBill
Explorer
Explorer
2oldman wrote:
Tom/Barb wrote:
I wish I knew how to judge the quality of those batteries.
Price is usually a good indicator.


no its not, Will (youtuber who loves this stuff) got shafted on a set of batteries that were 30% more, and they were identical

2oldman
Explorer
Explorer
Tom/Barb wrote:
I wish I knew how to judge the quality of those batteries.
Price is usually a good indicator.
"If I'm wearing long pants, I'm too far north" - 2oldman

2oldman
Explorer
Explorer
bgum wrote:
Supply and demand is at work. Low supply high demand raises prices and causes inflation.
Covid did the number on the economy.
"If I'm wearing long pants, I'm too far north" - 2oldman

bgum
Explorer
Explorer
Just to be fair England is experiencing the highest inflation rate in the last 10 years. Canada inflation rate is rampant. Neither country has had an election in the last few years.

Supply and demand is at work. Low supply high demand raises prices and causes inflation.

The price of these batteries is dropping due to competition and technological advances.

gbopp
Explorer
Explorer
rexlion wrote:
That would be one of the few things that is dropping in price these days.

I'm hoping the price of copper drops.

NamMedevac_70
Explorer II
Explorer II
3 tons wrote:
rexlion wrote:
That would be one of the few things that is dropping in price these days.


I think it’s mostly due to the value of money going down…:)

3 tons


Also known as rampant inflation just like the 70s. Elections h

PerryB67
Explorer
Explorer
Love the advertising:

"Local US Warehouse" that builds my confidence.

"No poisonous lead/harmful sulfuric acid" Let's see, lead acid batteries are extremely easy to recycle, whereas lithium iron phosphate is the opposite.

There is no free lunch.

Enjoy,

Perry
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3_tons
Explorer
Explorer
rexlion wrote:
That would be one of the few things that is dropping in price these days.


I think it’s mostly due to the value of money going down…:)

3 tons

rexlion
Explorer
Explorer
That would be one of the few things that is dropping in price these days.
Mike G.
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Tom_Barb
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Explorer
I wish I knew how to judge the quality of those batteries.
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