Burrito of Peace wrote on May 22, 2022, 11:04:
bigspender wrote on May 22, 2022, 05:44:
Over a 5 year period averaging a total of 100,000 miles the lack of the service and fuel costs make it the same total price as a much cheaper combustion vehicle. So while you pay 25% more up front, you get it all back. But during those 5 years you're driving a much nicer car.
OK, now do it over ten years including the battery replacement that will be necessary, the initial investment in infrastructure to charge this thing at your house and the added kwH costs in your home utility bill. This is where your "savings" begin to bottom out. Nobody with any financial common sense replaces their vehicle every five years.
I explained that poorly, it's in a price range and category where people lease cars for 3 to 5 years because it's part of their salary package or business expense. For a lot of people they won't be shopping in that price range, and for them value is a Kia Rio. But when they're looking at model 3's fossil fuel competitors, it's a far better value proposition in just about every way.
The current battery is good for at least 300,000 miles, the new one just about to come out will go a million miles. Unfortunately for electric cars highway cruising is worse than city driving for them, unlike gas cars, so it's buying used "highway miles" for an electric car is somethign to stay away from, better off buying the low miles city car.
I would also expect the price of batteries to fall over the next 10 years, as well as improve too. It may not be long until you can keep a car for life, which is an interesting idea.
"Money doesn't exist in the 24th century, the acquisition of wealth is no longer the driving force in our lives. We work to better ourselves and the rest of humanity." - Jean-Luc Picard