“AND I have to amortize the cost (higher) of buying the electric model of my chosen sedan, AND amortize the cost of the degrading battery.”
You do, of course, pay off the battery in either case. But the problem is that most owners don’t realize that anymore than they amortize the cost of the engine. So, as long as the fiction of not having to amortize the cost of the battery can continue, the apparent cost of driving will seem much lower than a gas vehicle. But triple the cost of ‘filling up’ because the battery depreciation has to be included, and now the apparent per-mile ‘benefit’ is gone and people will bitch that their charge-up costs as much as gasoline would cost.
In the end, they’ll see it in resale value regardless...as seen here:
https://www.endurancewarranty.com/learning-center/finance/electric-vehicles-declining-resale-values/
Exactly. When you get down to it, the EV was a fun buy.
FWIW, my wife’s other car is guards red Cayman S. Premium fuel ;-)
Zoom zoom.