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To: xzins

$289 per month for me because I opted for a 15,000 mile/yr lease. I was just counting the fuel cost, not the lease cost.

My daily work commute is 75 miles per day. I was paying over $450 per month in gas alone to fill up in my Ford Explorer that I replaced with the Leaf. I also get a “free” charge at work because I have an app for the charger on site.


20 posted on 01/22/2015 7:36:15 PM PST by Roman_War_Criminal
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To: Roman_War_Criminal

I wasn’t thinking of the lease in terms of your per mile cost. I was thinking of it in terms of the other poster who said that resale value on electrics would be bad due to high cost and high probability of battery wearing out by that time.

What you would lose is any equity in the car, so figure 6 years later the car is worth about 13,000 if you buy the car, but you’ll only get 10,000 on a trade-in because they’ll point out dents and scrapes and battery wear. So, a 30,000 car would have cost 20,000 after 6 years, 24000 when you count interest. That’s a 4000 a year payment, so roughly 333 a month.

You will pay less without the headache of trade-in cost, but you have the mileage limitation.

Sounds like lease is definitely the way to go with an electric.


24 posted on 01/22/2015 7:45:04 PM PST by xzins ( Retired Army Chaplain and Proud of It! Those who truly support our troops pray for victory!)
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To: Roman_War_Criminal
my Ford Explorer that I replaced with the Leaf.

That's not real an apple to apple comparison, is it? Or is the Leaf a lot bigger than I think it is?

39 posted on 01/22/2015 8:10:17 PM PST by Balding_Eagle (The Gruber Revelations are proof that God is still smiling on America.)
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