EV Cars/Trucks

[Lzen]

Originally Posted by synthesis2

I agree to each there own for sure, I guess my point was that its not just a fun car to drive but its very cost effective.

I don't know what kind of car you have but lets say you have a car that gets 20 miles per gallon ( again I have zero idea what you have) and you drive it 500 miles a week, again just a wild guess. if you buy standard unleaded at $4.50 a gallon, call it $112 per week for gas or $400-450 a month in gas. Then you add in maintenance per year of $1000-1500 a year in oil changes and other things that EV does not have to deal with. your average per month to drive a paid off car would be around $500-600 per month vs. $30-40 per month is electricity to charge. No oil changes, just a tire rotation which set up back $40. Say a Nissan leaf with 226 miles per charge with a net under 20k with tax breaks.

So if you say you can get a good range EV for 20k, and your monthly payment is $250 per month wouldn't you think you would come out ahead each month money wise compared with a paid off car? Again if you don't drive much it does not matter but it the above senerio it would seem to be looking through the googles of no monthly payment but paying so much in gas and maintenance vs. a car payment but so much less is power that you come out $150-200 ahead each month.

Truck gets about 15-20 mpg. It is mostly only driven to and from work (11 miles through town one way M-F) and occasionally other places like Lowes (maybe 20 miles round trip). Not sure where you get $1000-$1500 yearly oil and maintenance but mine is not anywhere near that.

Other vehicle is a Kia Optima. It gets about 28-32 mpg. It is driven to and from work (about 9 miles one way through town, M-F but there are some days the wife works from home) and anywhere else we go that doesn't need a truck to haul stuff. Still think your oil and maintenance estimate is way high.

And, of course, I ride a motorcycle as much as I can during the warm weather months.

Yeah, no, still cheaper than buying a new electric vehicle, especially when you add in the insurance and property tax. And really, where are you going to find a EV for 20k?

[Chief Pagan]

Originally Posted by Lzen

Truck gets about 15-20 mpg. It is mostly only driven to and from work (11 miles through town one way M-F) and occasionally other places like Lowes (maybe 20 miles round trip). Not sure where you get $1000-$1500 yearly oil and maintenance but mine is not anywhere near that.

If you're only driving 6~7 thousand miles in a year, that's only half the American average. So that would explain part of it. And most years maintenance isn't that high, especially for new vehicles.

But of course always having a new vehicle is expensive. And if you keep a vehicle long enough, you eventually will get expensive repairs that will bump up the long term average.

A lot of drivers tend to under estimate just how much it costs in the long term.

Until they do something like try and make a living driving for Uber.

[synthesis2]

Originally Posted by Lzen

Truck gets about 15-20 mpg. It is mostly only driven to and from work (11 miles through town one way M-F) and occasionally other places like Lowes (maybe 20 miles round trip). Not sure where you get $1000-$1500 yearly oil and maintenance but mine is not anywhere near that.

Other vehicle is a Kia Optima. It gets about 28-32 mpg. It is driven to and from work (about 9 miles one way through town, M-F but there are some days the wife works from home) and anywhere else we go that doesn't need a truck to haul stuff. Still think your oil and maintenance estimate is way high.

And, of course, I ride a motorcycle as much as I can during the warm weather months.

Yeah, no, still cheaper than buying a new electric vehicle, especially when you add in the insurance and property tax. And really, where are you going to find a EV for 20k?

You can get a Nissian Leaf for $27-28k and with tax incentives its nets you down to around 20K. so easy to find and saves lots of cash.

[rtmike]

Originally Posted by synthesis2

You can get a Nissian Leaf for $27-28k and with tax incentives its nets you down to around 20K. so easy to find and saves lots of cash.

If you can find one.

I seen on the news where a dealer said they could sell 60 @ month if they weren't only getting one or two a month from factory.

[synthesis2]

Originally Posted by rtmike

If you can find one.

I seen on the news where a dealer said they could sell 60 @ month if they weren't only getting one or two a month from factory.

That's a good point.

[Lzen]

Originally Posted by synthesis2

You can get a Nissian Leaf for $27-28k and with tax incentives its nets you down to around 20K. so easy to find and saves lots of cash.

Interesting. I guess I should have considered there would be gov't tax breaks. I am getting solar panels installed right now. I will get a 26% tax rebate on that system. Next year it goes down to 22%.