Anonymous wrote:Nope. Not until the technology is better. I wanna be able to drive to at least NYC in one charge. I’ll wait until the range is better.
+1Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote: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…
+1 the math does not check out here.
$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.
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.
To be fair, this is the reality for a lot of folks. The bottom line is that it makes ZERO financial sense to ditch a car that you already own to buy ANY new car.
I'm going to guess that in two years (or less) that gas prices will be back in the $3 range and amnesia will set in, as it always does. Folks will need (or get the itch for) a new car and choose with the mindset that gas will be cheap forever. That will be the time to consider buying an electric car.
Anonymous wrote:Anonymous wrote:Anonymous wrote: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…
+1 the math does not check out here.
$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.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote: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…
+1 the math does not check out here.
$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.
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.
Anonymous wrote:Anonymous wrote:Anonymous wrote: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…
+1 the math does not check out here.
$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.
Anonymous wrote:Anonymous wrote: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…
+1 the math does not check out here.
Anonymous wrote:The average transaction price for an electric vehicle (EV) is $56,437, according to Kelley Blue Book — roughly $10,000 higher than the overall industry average of $46,329 that includes gas and EVs. In terms of pricing, an EV is equivalent to an entry-level luxury car.
https://www.foxbusiness.com/lifestyle/filling-gas-vehicle-cheaper-electric
+1 My next vehicle will be a gas.Anonymous wrote:No. Gas prices will come down.