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Reply to "Do EVs really save you money?"
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[quote=Anonymous]1. We charge our 2 EV’s from solar panels and use free charging at work, which equals about $5200 a year for both cars (gas savings plus electricity savings). 2. Less maintenance on EV’s (no oil change, transmission issues, etc) which averages to $840 in savings a year per car (industry average numbers https://caredge.com/tesla/model-3/maintenance), so $1680 total for both cars 3. Free street parking in our city for EV’s, around $200 a year per car, so $400 total 4. Purely subjective, but I would pay $10k extra for a car to be environmentally friendly, just like I pay for composting service etc. So the total savings per car is $3640 per year. If we keep these cars for 10 years (I drove my last ICE car for 20 years), it will be $36,400 per car. You can see above that the biggest driver is gas cost. We drive quite a bit compared to when we lived in ny and put 10k miles on our car in 3 years. In that scenario, an ev would not have been cost effective, and parking garages tended to gouge you on charging cost. For a person who drives 25k miles a year, the gas savings go up to $4300 a year, and $5200 including maintenance. [/quote]
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