Posted on 03/11/2022 12:41:44 PM PST by Red Badger
Wait till they get their first electric bills for charging those things. That will be sticker shock for sure.
They think they’re outsmarting gas prices? lolololololololo
“Wait till they get their first electric bills for charging those things”
And then there’s battery replacement.....I hear that’s like buying a whole nother car.
Me as an example…. Before I retired, a job I had had me commuting 120-150 miles per day with occasional day trips out of town that would 200-300 miles. Driving that kind of miles per day on Gawd Awful Atlanta interstates and city streets, I put a premium on stress reduction and a cushy cabin so drove my Lincoln most of the time. This was a actually my midrange vehicle with respect to cost to drive. My Xterra Offroad was quite a bit more to operate on fuel and maintenance. My son's souped up Civic hatchback was the least expensive to drive but looking up at the underside of a semi truck while sitting with your butt 12 inches above the pavement was not all that comforting.
So…. Let say I was still making this commute at today's costs…. A Tesla would cost me something like $120-150 less per week. 52 x $120 = $6240 per year and let's just SWAG it to $7000 per year to account for weekend use around town and miscellaneous.
If I kept the Tesla for 10 years, that would be about $70,000 cost savings if the cost differential stayed the same. I have no idea if a Tesla could be driven that hard and if the battery pack would last through it. The Lincoln went through my driving then a couple of years of my son's before it left the family at 180K miles. I also wrapped up about 170K miles on the Xterra and 10K miles on the Civic rice burner.
Gas prices will come down when Trump is back.
I regularly have to drive 620 miles to visit my Parents in the pan handle. I can do that in 1 day with an ICE or Hybrid. It is a 2 day trip with an electric car.
EVs should be built with a bunk inside so you have a place to sleep while it is recharging. Or just buy a motor home as they have large roofs to put panels on. Plus give you a place to live after you get the electric bill and have to sell your house.
Good.
Let the city dwellers reduce oil consumption.
It would help us
Car ownership in Manhattan does not make a lot of sense, particularly when you add in parking costs—you can easily rent cars for out to town trips.
How much more is it to own an EV? I guess since the car costs at least twice as much as an ICE car the insurance would go up also! lol
Someone posted those prices here the other day—low end was $50 K up to high end $100 K.
$20K to replace the battery.
Well, if you need a new car, you need a new car. And at that point, yes, you pencil out the various estimated coats of ownership and you buy what makes sense for you. I guess I was reacting to what someone else above accurately characterizes as “impulse buying,” i.e., the mentality of “gas is crazy expensive so screw it I’m buying an EV.”. I for example don’t need a new car. I have two vehicles, one with 45k miles and one with 70k. Neither is at the end of its useful life. Let’s say Dementia Joe’s bass ackwards policies are costing me an extra $1500 per year. As much as I dislike doing so, it makes more economic sense for me to pay the damned extra $1500 than to spend $50k on a Tesla. If I keep my $50k and invest it, my average return might be 10% or $5k which more than pays for my costs of owning my gas guzzlers
Wait for the summer blackouts from Bidens energy policies. The Tesla drivers may not be so smug
I'm not planning for different wheels anytime soon myself. My priorities have changed since retirement. Electric doesn't fit my needs living in the mountains. Heck, I'd rather have and get much use out of a 20yo 4wd pickup lol…
Just out of curiosity I started looking into miles/kWh for Teslas, which led to a chart on energy costs of a Tesla vs. some representative ICE car they had chosen.
Ultimately, it would take the energy savings of the first 100,000 miles to pay for the installation of the home charging station.
Interesting!!! Thank you. You’re absolutely correct. I love learning cool things
Kinda like buying lottery tickets.
When you buy your first one (for a given drawing) you infinitely increase your chances of winning.
When you buy your second ticket for a given drawing, you only double your chances of winning.
The best thing about a Tesla, so long as you have one, you’ll never be without means to start a fire.
In the industries that I worked with, the ROI for fast tracked capital funding generally needed to be less than 3 years or so. If a prospective capital expenditure didn't fall into the corp’s fast track criteria, it was tossed into a cage fight with all the rest of the projects to duke it out for funding.
Another class of capital expenditure is a yes/no type such that if I don't spend this $$$, I have to shut down the whole unit. Is this worth decreasing capacity or leaving the business line completely? You usually see this for environmental or obsolete plant related investments.
ping
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