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Old 01-15-2022, 03:56 PM   #897
bcedhk
RS has made me the bitter person i am today!
 
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Quote:
Originally Posted by whitev70r View Post
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.
Used EVs hold their value a lot better though. so after 5-6 years ownership, you might still be able to sell the Tesla for 25k+. 10k to operate a new high-tech vehicle isn't to bad if it can be stretched out for 5-6 years.
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