Posted on 08/17/2019 8:46:09 AM PDT by DUMBGRUNT
Look at the chart in the link.
As soon as I saw the button to “help stop climate change” I backed out of the site. No point in reading half-truths and full-fledged lies promulgated by a bunch of primitive Earth worshipping socialists.
Sorry, I don’t believe the price. With or without subsidy?
Style wise the Tesla 3 is ugly to me. Camry looks the best with the Audi a close second. The Tesla S is the best looking of the Teslas so far but would still be behind the other two but not as much as the 3.
Only My Opinion Counts: Myside Bias
https://psychcentral.com/blog/only-my-opinion-counts-myside-bias/
Everyone has an ax to grind.
So sunk cost doesn’t matter???
Please explain?
And the resale value is clearly listed???
The maintenance cost they assume for the camry over 5 years is outrageously high. It’s not 4 grand over 5 years.
*******
I do my own maintenance ,, my Camry is now 17 years old and I haven’t spent half that over it’s lifetime.... and most of that can be attributed to tires and batteries.
I’m not even understanding this conversation.
If cost per mile is the sole driver to vehicle ownership, why did they pick these cars to compare?
The clear winner is to purchase someone like a 15 year old Toyota Corolla. As new cars will always lose in cost per mile ownership to purchasing a used vehicle due to depreciation. One can spend a tremendous amount of money on annual maintenance and still be dollars ahead vs the real cost of depreciation from a new car. The insurance savings is also very tangible.
With most vehicles able to go 300k+ miles before they are truly worn out, if cost of ownership is the driver, it is not even close.
If not for governments passing laws forcing the creation of electric cars and subsidizing them, there would be none today. Even if someone did make them, I have no problem with that.
What I do have a problem with is government working to pass laws forcing me to eventually buy one through banning internal combustion powered cars and trying to claim I should be buying an electric car anyway, well, because they are better. Electric cars will never meet my needs from an automobile, and for me therefore, will never be “better”.
The tesla tax credit is almost used up.
“Today is July 1, and for Tesla, that means $1,875 less of a federal tax credit is available for buying an electric vehicle. The federal credit started at $7,500, but then once Tesla hit 200,000 electric vehicles sold (since 2010) it started to shrink.”
Because it’s Saturday and I enjoy do this stuff, I decided to do my own price comparison between the two cars, and I’m doing it without reading the article.
Ingoing Assumptions:
Price (per Google):
Tesla 3: $35000
Camry SE: $26000
Miles Driven: 200,000
Battery Life (of Tesla): 120,000 miles
Engine/Trans Life (of Camry) : 250,000 miles
Maintenance Cost:
Tesla: 3 cents per mile
Camry: 5 cents per mile (higher due to engine/trans maintenance, and periodic replacement of battery, remaining items assumed a push)
Fuel/Electrical Cost:
Tesla: 3.5 cents per mile
Camry: 10 cents per mile
Battery Replacement Cost
Tesla: 1 time, $12,000 (I’ve seen 20k for the bigger models)
Camry: Not required
Residual Value after 200,000 miles: Assumed to be same for both, and not very much, so not included.
Totals:
TESLA
Purchase Cost: 35000
Maintenance Cost: 6000
Electricity Cost: 7000
Battery Cost: 12000
TOTAL, for TESLA: $60,000 (for 200,000 miles)
CAMRY
Purchase Cost: 26000
Maintenance cost: 10000
Fuel Cost: 20000
TOTAL, for CAMRY: $56,000 (for 200,000 miles)
So, a bit cheaper for the Camry, but closer than I expected.
I didn’t try to include the fact that people often have to bring their Tesla’s back to the dealer 10 times in the first year to try to get the bugs out, versus, maybe once for the Camry. I also didn’t try to include the opportunity cost of the time wasted plugging/unplugging the Tesla all the time, versus a few minutes at a gas pump. Nor did I try to include the time wasted on long trips waiting for the car to charge, or the cost of that charging (far more than charging at home if you want to charge quickly). Or the time spent on blogs bragging about one’s Tesla to justify its purchase, when that’s not needed for a Camry.
Tesla quality is atrocious.
Tell us about your ride?
Did the uaw guys attempt to assemble it on a Monday? Friday?
Their personal rest day? After lunch when they were juiced up?
You rice burner is better! Maybe/maybe not?
And Tesla owners aren’t burdened with paying any gas taxes to maintain roads.
YES!
Buy one now before that changes!!!
Get in on a good deal!
Now add in the real-life expenses of the cost of the typical tesla 3
Could you pls expand on that question?
Electric rates?
Apparently this guy has never plugged a car into one of my outlets..
The Battery and Drive Unit in your vehicle are covered for a period of: Model S and Model X – 8 years (with the exception of the original 60 kWh battery manufactured before 2015, which is covered for a period of 8 years or 125,000 miles, whichever comes first).
https://www.tesla.com/support/vehicle-warranty
No mention of out of warranty repairs?
Has nothing to do with it. An electric motor, especially an AC motor, is simply hugely more reliable than any IC engine. Massively fewer parts. Far less complex. A simple matter of one hell of a lot fewer failure points.
Anybody that understands hardware will not find this result surprising in the least.
$3764 +$637
Ownership Costs: 5-Year Breakdown
Year 1 Year 2 Year 3 Year 4 Year 5 Total
Tax Credit $0 $0 $0 $0 $0 $0
Insurance $798 $826 $855 $885 $916 $4,280
Maintenance $56 $484 $427 $932 $1,775 $3,674
Repairs $0 $0 $92 $222 $323 $637
Taxes & Fees $2,673 $101 $101 $101 $101 $3,077
Financing $1,993 $1,602 $1,186 $743 $268 $5,792
Depreciation $6,986 $3,054 $2,891 $3,391 $3,212 $19,534
Fuel $1,564 $1,611 $1,659 $1,709 $1,760 $8,303
True Cost to Own® $14,070 $7,678 $7,211 $7,983 $8,355 $45,297
https://www.edmunds.com/toyota/camry/2019/cost-to-own/#style=401771277
The Battery and Drive Unit in your vehicle are covered for a period of: Model S and Model X – 8 years (with the exception of the original 60 kWh battery manufactured before 2015, which is covered for a period of 8 years or 125,000 miles, whichever comes first).
Vehicle Warranty | Tesla
https://www.tesla.com/support/vehicle-warranty
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