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Reply to "Anyone looking to buy an EV because of gas prices"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I actually ran the numbers this morning and I would have to drive an EV 176,000 miles to make up for the difference in cost when trading in my existing car. Oh well…[/quote] +1 the math does not check out here. [/quote] $5 gallon gas Current car gets 24 mpg 0.23 c per mile $21k trade in value EV 55k - 21k trade in = 34000k $9 charge for 210 miles 4.3c per mile 34,000/19 c difference between cost per mile = 178,000 And yes, I did not calculate the savings in maintenance but I also didn’t add the costs to add a charger to my garage. [/quote] This is false equivalency - you are comparing your current car, which by your math would appear to be paid off, to purchasing a new vehicle. So of course it'll never make sense to purchase a new electric car instead of just keeping your current car. You need to compare purchasing a new gas car to a new electric vehicle to see how the costs compared.[/quote]
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