Quote:
Originally Posted by whitev70r
Thanks for all the details but it is still a bit 'deceiving'. For sure, no one would question how much you save on gas per month. What your calculations tells me is that even after 96 months (8 years) of savings from ICE to EV, you'd still have to put out $35,366.86 for the Tesla. Am I reading your figures right?
I think most of us is stuck on that part. If I keep my present car, how long will it take for me to recover my initial outlay of >$70K for a new EV or Tesla. What your figures tell me is that after 8 years of savings, I still have to put out $35K now.
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I think the approach to something like this wont' really make sense if there is no "need" to change your car?
The ICE to EV comparison is really only applicable on a cost effective basis if you needed to buy/replace your car anyways and the cost delta is between changing to a ICE car or a EV car. There may come a time when the upfront costs of buying a new car ( by that point they'll likely be all EV's ), will make more sense than paying to maintain your old gas mobile but that time is far far in the distance if it ever comes.