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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Whatever the naysayers argue, electric cars will replace the gas cars in the next 5-10 years, that is taking over 50% of the car sales market. Everyone can have their own reasoning, rage anxiety, being fond of noise etc., whatever floats your boat. But the truth is electric cars are better, higher performance and to a degree cheaper (total cost of ownership).

It’s pretty clear where things are going regarding cars. If I were to buy a car today, unless I will hold it for over 10 years, I’d go electric just so it doesn’t depreciate in value considerably.[/quote]

I just bought a Toyota hybrid. My hybrid might be a dinosaur in 5 years, but your electric car will be too since tech is changing so rapidly.

I don't think depreciation is a great argument for buying electric right now. I think you buy what works for your own situation and hope for the best. [/quote]

Why hope if you can make an daycares estimate. Depreciation matters if you want to sell the car after 5 years and get a new car see this example
Tesla 3, $35k, depreciation 35%.
Prius, $25k, depreciation 50%.

You lost about the same amount in depreciation after 5 years, but I am betting the cost of maintenance and fuel was higher for the Prius. On top of that you used a luxury car with the Tesla with a lot of features and not a very nice car for the Prius, which is quite ugly and doesn’t drive that well.

Of course you need to consider other costs like insurance, taxes, rebates, etc, maintenance and so on, so say you are about to buy a new car.

I would choose a bare bones Tesla 3 over a Prius any day (and I have). I think it’s hard to make an argument for a Prius under these conditions.
It’s even harder to make the same argument for a BMW, Mercedes, Lexus or Audi, which is why Tesla is absolutely clobbering them in the small/medium luxury segment.

So Tesla doesn’t directly compete exactly with Prius on the cost, but it does compete for the same customers and typically wins them over. If you check which cars are the most traded in for a Tesla, that’s Honda, Toyota and Ford, plus the luxury brand I mentioned before.
[/quote]

I didn’t buy a Prius. I bought a 2-year-old Toyota Avalon hybrid limited. And I love it. I’m guessing whoever traded it in bought a Tesla, but I felt more comfortable with the reliability of a Toyota—and we do a ton of long road trips. I guess since I bought used (and not luxury) this thread isn’t really about me. I just know that aside from Tesla, electric cars do see some pretty significant depreciation. It was a factor for me when I was car shopping.[/quote]

I used to buy a lot of cars that were 2 year old from rental fleets. Still, I’d guess a new Avalon is not that much of a better deal comparable with a Tesla 3 or Y.

I think the reliability of Tesla is as good as any. I’ve had Toyotas, Mazda, Hyundai, and Teslas, used them up to 10 years. Anecdotal Toyota was the worst because I had to change the shocks, by the time I sold the second Toyota there were some metal shavings in the oil bath that I couldn’t figure the cause, nothing on the rest. I was taking care with regular maintenance: oil, filters, breakers, tires. This maintenance is 0 for Tesla and about $2k a year for the other brands. Also, interacting with the Tesla dealership is a pleasure, while for Toyota I hated it, they always try to sell you stuff, recall things etc. at Tesla even when they Gad to upgrade the car computer, they gave me a Uber voucher to move around.[/quote]

We’ve had a great experience with all our Toyotas. I’d never buy from a rental fleet though. Anyway, my only point was that people are assessing their individual needs. I care very much about the environment but also have a kid who plays travel hockey,. We have to be able to leave on Saturday morning and be back Sunday night and not take long stops to charge or we’d be getting back super late. My car was $29k and a Tesla long range of similar vintage would have been $43k. We could have bought a big suv but I wanted to get good gas mileage. This car gets 45mpg so we can get to most places without stopping at all. So this was our choice. Everyone has a huge range of individual needs. When we replace our other car, it will be electric. [/quote]

Of course buy what you like.

The point of this discussion is that a lot of the arguments that people bring as an advantage of gas cars are not necessarily so.
Time to charge on a trip: 30 min on a 400 mile trip, it really is insignificant as you’d need to stop or eating, restroom, stretching.
Cost: if you’ll do a calculations for your total cost of ownership, I bet your 29k gas car will cost more than a 35k Tesla 3.[/quote]

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