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Old 01-06-2023, 10:38 PM   #1910
Alpine
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Join Date: Jan 2005
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Instead of a corolla vs model 3 comparison, why not do a corolla vs bolt comparison?

Bolt = $42k - $8k rebate = $34k.
$870/mo after tax financed over 5 years.

Corolla LE $27k = $580/mo after tax financed over 5 years.

Gap is $300/mo, essentially gas + maintenance. Break even for first 5 years. After 5 years, bolt comes out ahead.
Heaven forbid you're feeling fancy and you step up to the LE Hybrid, that's $670/mo. The gap becomes $200/mo and the bolt comes out ahead from the get go.


Or looking at it another way, a $27k ICE costs the same as a $42k EV for the first 5 years. After 5 years, the EV comes out ahead. It's that $15k break even gap again.

Last edited by Alpine; 01-06-2023 at 10:58 PM.
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