JD Power says 5 year cost of ownership much cheaper for EVs VS Gas cars

JD Power says 5 year cost of ownership much cheaper for EVs VS Gas cars
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[@airparnes]

Six yrs ago a Subaru dealership employee admitted that EVs would put them out of business eventually due to lost revenue from repairs and servicing. Change is never easy. In many cases people realize the EV advantages outweigh the noise from naysayers.

[@toriwatson9655]

You are correct, my friend tried to buy a MG EV here in Australia, the salesman spent the whole time trying to convince him that a hybrid would be better. Dealerships are really worried about EV's and online ordering like Telsa does. I think this may be why Toyota pushes hybrids so much, they have a massive infrastructure in building combustion engines and spare parts for them. They don't want minimal maintenance BEV's taking over.

[@GoodBoyGoneDad]

​@@toriwatson9655 I sold cars in college. Car salesman spend their time trying to convince you to buy whatever car they will receive the highest commission on. Dealerships offer special sales bonuses on certain vehicles for various reasons. Poor sales, excess inventory, manufacturer incentives, etc. Your commission could literally be 4 or 5× bigger than other cars, maybe even more. So salesman will get extremely aggressive to get you to buy one.

[@Bcz06]

I live in Vernon British Columbia and solar panels work! I make enough solar to power my home completely with AC, Electric dryer, Electric range, 240 volt humidifier + a 60 amp 240 volt Tesla charger power needs with 32 solar panels. B.C. Hydro banks our excess solar power generation and we use this in the winter or on cloudy days.They buy the excess banked power if any annually. Our hydro bill is less then 10.00 a month to be connected to the grid to allow us to bank power or consume power. This is a no brainer in our opinion! 😎🇨🇦 P.S. We also got 5000 grant for solar and a 40,000 interest free loan for 10 years that paid for the solar, additional insolation in the roof & new 3 pane windows! The savings in our power bill pays the payments on our 10 year interest free loan with money to spare! Win Win Win in our opinion and we are much greener than before!

[@kevinW826]

My question is when the weather damages those solar panels who pays for the replacements? And when they break how much do they cost?

[@martinutr]

@@kevinW826Who pays when another part of your house is damaged? Home insurance.

[@GoodBoyGoneDad]

​@@kevinW826 Solar panels come with a warranty and there is special insurance for them, but your homeowner could also cover them if you add them.

[@Kithara111]

My neighbor started asking me a lot questions a while back about my EV. He finally bought a used 2021 Bolt in pristine shape with a new battery and 15k miles for $13,500 which we both considered a steal. He did the math and is amazed at the fuel savings he'll be getting. He's been delighted by his decision and loves the vehicle.

[@frankcoffey]

I have a family member who has a long commute and he got a Bolt. The amount of gas savings alone makes the payment so it's basically a free car.

[@jimhimesjr]

The area I live in has quite a few ev’s around but lots of people are unaware of how they actually are to own. Am asked about mine all the time and I pretty much hear the same thing (where are you going to charge it and what’s the range), I then tell them I charge it at home for half of what gas cost me and I have over 250 miles real world range and in my job I typically drive 130 miles a day (sometimes 200). Why would I need fast chargers? Insurance cost wasn’t ridiculously higher like some say either. $25 a month more

[@user-kc1tf7zm3b]

In Australia, it costs AUD $2,100 to fuel and maintain a petrol car over a calendar year. An EV, which is essentially maintenance free, charged with public electricity grid can cost as low as $330, which represents a 84% saving. For those with home solar the charging cost is naturally zero dollars, which is a 100% saving! A 2 EV household will save a massive $84,000 over 20 years with home solar. And you wonder why nearly all Australians new build homes have solar panels.

[@fergyspoolshots]

@@jimhimesjr I hear you. Usually when people ask about my Tesla they’re trying to get me to tell them how it doesn’t work as well as gas. If they could charge at home and borrow it for a month they’d see it’s a massive step forward in the world not a step backwards like they’re led to believe. Makes gas vehicles look incredibly dumb for the most part but all they see is lack of range and an expensive battery.

[@h-e-acc]

Of course it does! Don’t need to be a math whiz to realize that. Internal combustion engines easily wear and tear and you literally have to worry about maintaining/repairing/replacing those parts in the internal combustion engine (pistons, sparkplugs , the rubbers, “oil change” that’s “supposedly keeps the internal combustion engine parts clean”, etc.) and its proper maintenance is only as good as the technicians who work on it at the stealerships or mechanic shops and that’s not saying much because most of these technicians literally don’t do any work and just simply adjusts the computer as proof to show they did any work. With a Tesla, what you only need to do is properly care and manage the batteries (not degrading them fast, not stressing them out, not overcharging them, etc.), and they literally can last 30+ years.

[@nonexistent5030]

Lol not educated enough to maintain your own vehicle? Yikes. Maybe you should lease.

[@user-kc1tf7zm3b]

@@nonexistent5030You muppet! Most people do not have the skills, interest or time to maintain their own vehicles. In Australia, completing scheduled maintenance and serious repairs yourself voids the all-important new car warranty.

[@Dan-km7nu]

Because managing the batteries is so practical 😂😂 funny guy

[@graantmnz]

my toyota ute will be going perfectly in 20 years with normal maintenance and will still be worth good money ...your 20 year old EV wont be worth a plugged cent if it hasn't been scrapped already ....

[@alex.velasco]

@@graantmnz that's ridiculously upside down. Once EVs reach critical mass, consumers will switch knowing that the future is electric, and you'll be lucky to get 1000 bucks for your ICE car.

[@Chainyanker007]

Then there are those of us Tesla owners who bought at a time when you got free Supercharging in some form. I got free SC for life of ownership of a ‘20 MS. With a SC station 0.3 miles away from my house it sure beats pumping gas. While the MS was not cheap I bought it using money I made in a tax free Roth IRA account, this was prior to the 15x stock splits of TSLA and it’s subsequent rocketing so for me it was essentially ‘free’. I’m retired so withdrawing from a Roth account was not an issue. I got lucky, ymmv. Best and most fun/enjoyable car I’ve ever driven in decades of driving. And I used to be a hot rodder in my youth, ‘32 Ford roadster with the works.

[@brentcowan8077]

Did they take into account depreciation? My 4 yr old mazda 3 just traded for a 2024 model only depreciated 27% over 4 years. THAT CANNOT BE BEAT!!!!

[@GoodBoyGoneDad]

Used vehicle prices have been sky high for years due to covid. Since prices are high then trade-ins are high. It sounds like you also got a loyalty bonus on your trade due to going into another Mazda. New car sales are down so dealers really want you to buy a new car.

[@fergyspoolshots]

Anyone who actually owns an Tesla and charges at home already knew this. The EV hate is all about ICE industry job losses, future EV mandates and muscle car guys sore from getting beat by teslas on the drag strip.

[@marvenlunn6086]

What about if you can't charge at home or if you regularly drive farther than an EV's range . I know people who have their vehicle travel 1000 miles twice a week drives to work wife take vehicle home then picks him up at the end of the week

[@HectorGarcia-nb2ld]

Spot on

[@FrunkensteinVonZipperneck]

Muscleheads are in for a humiliating decade 😂

[@user-kc1tf7zm3b]

@@marvenlunn6086 Tough bloody luck. Driving an insane 3,218km each week to reach work is not rational. Move elsewhere and find a job which is less than 100km from home. For those without access to home charging, they will need to wait for future EVs with ultra fast charging where 500km of range is gained in 5 minutes. When these EVs come about ultra fast public charging stations will quickly materialise.

[@superbigblack]

​@marvenlunn6086 if you can't charge at home, you charge at a public charging station. If you drive 2000 miles a week keep your gas car until it dies, if adding an extra hour or two to your driving is too much for your friend. The govt isn't taking away existing ICE cars. Do you also worry that they aren't driving the most fuel efficient car? Do you really think EVs are bad because you found the most extreme commute and act like it's normal? 2000 miles is driving from Florida to New York then back to Florida every week. That is insane just move or find a closer job. Two 500 mile trips wouldn't be that crazy as you would need to charge 3 times for maybe 25 min or less. New model 3 has 368 miles of range. Why doesn't your friend fly? When you add in gas, tires and oil changes they would be better off flying. That's 120,000 miles a year they are putting on their car. How many cars do you know can do that for 5 years? 600,000 miles.

[@johnross9805]

We just sold our Tesla , it took almost 8 months to get rid of it . The cost to own and operate was way to high . It was Very hard to sell used . I lost money on it ,but i couldn't be happier its gone.

[@mavelous1763]

Cars lose money. Was the initial price & insurance cost the main issue? What else?

[@charleshill7184]

I drove 22,000 miles over the last year on a new Hyundai Ioniq 6. Averaging over the year 3.75 kWh/mi gets me 5,867 kWh of electricity used. Charging (L2) at home my electricity rate is $0.135 per kWh. That works out to be $792 in annual fuel costs. Add in another 20% for charging efficiency losses means total cost $950. A gas car that gets 30 MPG at an average of $3.45 per gallon means $2,530 in fuel costs over the same 22,000 miles. Extra $200 in my State for registering an EV to offset the lost road tax, but $360 extra for the 4 oil changes the car would have needed gives me a savings of over $1,000 just in fuel and the oil/registration costs. The more you drive, the more the savings. This doesn't include any "free" charging I got with the 2-year Hyundai/EA deal with my new car. And I really traded in a big truck that got 15 MPG which put my annual savings over $5,000, but I want to consider a similar body styles. Just DoTheMath!

[@FrunkensteinVonZipperneck]

Wow! Overnight electricity cost in Nova Scotia is $0.09 (CDN)/kWh.

[@JamaicanMeCrazy]

If you don't count depreciation

[@FrunkensteinVonZipperneck]

Don’t have longitudinal data to reliably calculate depreciation.

[@user-kc1tf7zm3b]

Ha! Ha! Ha! Petrol cars will be worth _nothing_ in 2030 as EVs will render these obsolete cars are utterly inefficient, pointless and anachronistic.

[@KlanHoffman]

Must be very long term compared to my old ice car. About 500 USD per year in costs other than gasoline.

[@KlanHoffman]

My older brother has solar panels and EVs. If I would get an EV, I can go visit him on sunny days charging almost for free...

[@esxlab]

I expect my new Tesla MYLR to last twice as long as my last ICE vehicle. I also expect it to cost much lower to fuel and that it will require very few repairs. So, I expect lifetime costs of my EV to be about 30% of the cost of buying / fueling / servicing / insuring ICE vehicles. My experience after 1 year is showing me that I'm on the right track

[@iscadean6038]

My last ICE car is still running around with 250k miles and 21 years old. Servicing, maintenance and fuel annually was about £3000. My EV costs £300/yr, no servicing for another two years (4 in total) every 20k miles.

[@esxlab]

I live in Canada where road salt is heavily used. Most cars here show heavy rust in 10yrs or less so it doesn't matter how long your drive train lasts because the body will rust out.| With Tesla's heavy use of aluminum in the body, I expect it to be much more rust resistant than incumbent made cars. This was a major factor in my deciding to get a Tesla.

[@user-kc1tf7zm3b]

@@esxlab In Australia, it costs AUD $2,100 to fuel and maintain a petrol car over a calendar year. An EV, which is essentially maintenance free, charged with public electricity grid can cost as low as $330, which represents a 84% saving. For those with home solar the charging cost is naturally zero dollars, which is a 100% saving! A 2 EV household will save a massive $84,000 over 20 years with home solar. And you wonder why nearly all Australians new build homes have solar panels.

[@yaobin1]

should not be a problem if use just for daily commute. My M3LR is 5.5 years old, almost 90k miles. Range went down from 310 miles to 260-270miles.

[@yaobin1]

@@iscadean6038 My M3 need secondary battery replace after 4.5 years($120). change cabinet filter every year(DYI). Tire rotation, wheel alignment every 1 year. Will need to get 3rd set of tires next few weeks.

[@keith8346]

Thank you. You do a wonderful job of sharing what everyone should see as a ray of sunshine in a stormy world.

[@manuelferreira4622]

So poetic and pathetic!!!

[@GWAForUTBE]

Someone is pathetic.

[@theknifedude1881]

My CYBERBEAST was kinda pricey but it doesn’t cost much to drive. I know I’m going to save money in the long run.

[@halixol]

How about insurance and reparations? Those are way more expensive than for ICE. Moreover, they lose value twice as fast as ICE.

[@FrunkensteinVonZipperneck]

“reparations?” To First Nations people?

[@user-kc1tf7zm3b]

In Australia, the insurance costs difference is only marginal. In any case, petrol cars are still far more expensive to fuel and maintain compared to EVs.

[@vikvin2784]

@@user-kc1tf7zm3b Really interesting, in Europe the EV insurances premiums are higher than what you would save on fuel (if you could do it at home)... and actually the public EV charging is as expensive as fuel.

[@i6power30]

5 years is long term? hahahah. If any car requires major maintenance and repair cost it's a lemon! or had been abused. Wait till EVs need repairs at year 8 and beyond, all of its parts and labour are more expensive than ICE car at the moment. I'm not just talking about batteries which will pretty much write off your EV if it needs replacement. For example, AC or heat pump costs more to replace than AC units in a ICE car, among many other things. Battery pack is the biggest risk. If just one module or cell goes bad,, or BMS circuit is fried, the entire pack needs to be replaced. Rarely can they be taken apart and repaired. Whereas, a ICE car's engine can be repaired at fraction of cost (timing belt, spark plugs, coolant pumps etc. ) Yes, there are many more things can go wrong in ICE cars, but each repair is much less than the entire battery pack of an EV. A well built and maintained ICE car shouldn't have things constantly go wrong with it, especially it's from reliable brands such as Toyota and such. European brands will bankrupt you when they are old though, it depends on brands and model .

[@AlanBarnes1013]

You suck. Haha

[@eaglestar2962]

Everytime the ICE owner fill up the fuel, it will cost much much more. The pollutions of ICE cars also a huge factor for the user later on.

[@i6power30]

@@eaglestar2962 I agree on pollution part. But the cost of fueling depends on how many miles you drive and depreciation of EVs still up in the air.

[@eaglestar2962]

@@i6power30 because of quick ev battery technology advancements, ice cars will depreciate faster and faster as well.

[@i6power30]

@@eaglestar2962 high repair cost is the main reason EVs depreciate fast. The newer and flashier the tech the more expensive the repairs are. For an EV to be competitive with old ice cars is not just more tech, but more reliability and robustness and repairability not just by the manufacturer but easily done by any mechanic.

[@marvenlunn6086]

I see a lot of people saying how good an EV is and if you are as lucky as them and can do all your charging at home because you don't drive farther than your range a day they would be cheaper my advice is to keep track of your driving to see if an EV will work for you

[@FrunkensteinVonZipperneck]

Nobody I know drives 200 miles a day. Not even taxi drivers.

[@Chainyanker007]

Most people don’t drive long distances daily so charging at home or at a hopefully nearby public charger should not be a problem. Otoh, for those that drive lots of miles an EV is much cheaper to operate. The MPGe equivalent of the Tesla model 3 is 132 combined city/highway, city is 138, highway 126. No ICE comes close. 25 kWh/100 miles, do the math. No oil changes, no tuneups, very seldom brake jobs if ever, thanks to regen braking. Check fueleconomy ^ gov site and compare your car with that of any Tesla. The base price of a Tesla model 3 RWD is currently $38,990 less any current tax credit if one qualifies. This is less than many new ICE whose average cost in Nov 2023 was $48,247 per Kelly Blue Book. Of course you can get a sub-compact for a lot less but the overall cost of ownership for an EV like a Tesla is very hard to beat. If you have your own home with solar panels, net metering and TOU rates it’s a no brainer. Many people are realizing this and getting EVs, esp. Teslas for its great specs and features and the awesome Supercharger global network. Check out supercharge ^ info site (no r) updated daily in North America, the map is global.

[@user-kc1tf7zm3b]

EVs have 500km of range. Who really drives 600km 6 days week to make it to the workplace and go shopping on Saturday? That’s right. Nobody. In Australia, the average daily drive distance is only 33km. So, the EV can travel for more than 2 weeks before a recharge is required.

[@user-kc1tf7zm3b]

@@FrunkensteinVonZipperneckIn Australia, a Sydney taxi driver would travel 200km max in a day.

[@marvenlunn6086]

@user-kc1tf7zm3b Twice a week 500 mile about is about 800 km . A couple drives down, drops him off at work, takes the vehicle home for the week, and goes back to pick him up to stay home for a couple of days, then drive back to work one of them usually sleeps for part of the trip ( daily average for everybody doesn't matter your.daily average is what matters to yourself)

[@norvellharris1792]

I mean for me I am upset I do not have a BEV currently but am in the process of making that purchase. Darn ICE repair facilities do not give a crap about anything except bringing your ICE platform in for routine expensive maintenance plus what they recommend I cannot stand it anymore!!!

[@rogerfroud300]

Does that include insurance, tyres and depreciation, because those things cost a lot more than ICE cars. Sure, fuel and maintenance are significantly less, but the savings are dependant on your yearly mileage. If your mileage is low, I don't believe these figures.

[@jjamespacbell]

What ICE car is "equivalent" to my Tesla Model Y LR? Acceleration 0 to 60 mph 4.8 seconds No required maintenance, no smog check, no oil changes. Never having to fill up at a gas station. FSD capable ( I use it every day) It would be easy to add 10 more features that are unavailable or unmatched on most ICE cars

[@hardi.howdy.983]

EVs Cost Less Long Term Than ICE in America - thumbnail Which country in particular as America comprises 35 countries 🤔

[@FrunkensteinVonZipperneck]

True. In all countries

[@hardi.howdy.983]

@@FrunkensteinVonZipperneck But he didn't say that!

[@GV-xx7vh]

I bought a nice second hand EV and have never looked back, it costs me literally nothing to run and I worked out I will recuperate my outlay within 18 months from what I was spending on fuel with my ice engined car, no brainer. Don't let the oil companies fool you with their untruthful propaganda.

[@omarsimpson6542]

I did the same. I got my electric car second hand as well and it was perfect. It already has paid for itself on my end in Canada.

[@capnkirk5528]

@@omarsimpson6542 I call BS. I have been watching the used EV market in Canada and it's a flat-out crapshoot (and I am decidedly pro-EV). In the US? Yes, you can "luck" into a cheap reliable EV. Canada? Anything cheap you are definitely playing "battery roulette". Did you have a way of verifying battery integrity? A used Tesla FROM Tesla? The prices (in Canada in the GTA) make no sense. Buying from somewhere else? Not sure I would risk that. So, what did you buy?

[@martinutr]

I am from Canada too and I bought a used Nissan Leaf and it is great. It cost $40-$50Cdn in electricity as it costs less overnight in Ontario. I paid about $10k total and haven’t had to do any maintenance in 2 years (30,000kms).

[@omarsimpson6542]

@capnkirk5528 I'm not here to argue with you. It's a choice for everyone if they choose to go electric or not. I think we all are adults here when it comes to figuring out what we want to spend our money on. I chose to save money. I have a Chevrolet bolt 2023 model year with the improved battery architecture. And a battery warranty. You can do your research on your own if you like. Let's stay positive in our conversations. Thank you. Please do your research.

[@capnkirk5528]

@@omarsimpson6542 Thanks for your reply! According to AutoTrader the cheapest Bolt in GTA with a valid warranty is still $22K. If my existing ICE vehicle dies - and that's a real risk with a 14 year old Ford, that is one of the vehicles I would consider. I would really want a used Leaf, but concerns about the battery pack are holding me back (I do not drive out of town anymore). One of the real challenges is that it is hard to find HONEST information - and you certainly can't trust the dealers.

[@andrewvercillo7584]

This is finally the first true and honest media report concerning EVs and it’s really sad it has taken this long for the American media to make a story like this. The American media has been lying to Americans for 10 years. Teslas are actually much cheaper than gas cars to own. My Model Y, which is the first brand new car I’ve ever bought has saved me $3000 in fuel and oil changes in 25k miles.

[@terrylane1492]

I am not a greenie I don't care about CO2 emissions at all, but I do care about my wallet. Eevee's are more energy efficient per mile driven. Much less energy is involved to move you around and they are definitely cheaper. My Kia was in the shop for an engine problem and during that time we used a leaf to commute back and forth to work. The leaf just using grid power was half the price of the internal combustion for gas alone. Factor in the repairs in the downtime of being in the shop costs, and it's a massive difference. I have ordered three cyber trucks and I'm building an off-grid house. Just like Tony Seba said, it's all about the money. Solar is 1/3 the grid price for power here on Maui and a stainless steel truck will be better against the salty environment.

[@mnhsty]

Depreciation plus insurance is big factor with EV’s.

[@user-kc1tf7zm3b]

Not in Australia. The residual values of EVs are high. Whatever slight insurance premium increase is totally offset by the massive savings the EV drives yields with reduced or avoided fuel and maintenance costs.

[@user-kc1tf7zm3b]

In Australia, it costs AUD $2,100 to fuel and maintain a petrol car over a calendar year. An EV, which is essentially maintenance free, charged with public electricity grid can cost as low as $330, which represents a 84% saving. For those with home solar the charging cost is naturally zero dollars, which is a 100% saving! A 2 EV household will save a massive $84,000 over 20 years with home solar. And you wonder why nearly all Australians new build homes have solar panels.

[@kubapuchar7069]

Sure, EV will be cheaper if: 1. I have my own electric energy source to charge the car. 2. I drive a lot (like A LOT!) 3. Car will not have any malfunctions. 4. I will not have any insurance claims. It is just too many conditions. EV can be cheaper in some circumstances, but not yet for average user.

[@Chainyanker007]

Depends on cost of gasoline and electricity in your locale and your average driving distance per day/month/year. EVs are very efficient. For example the MPGe equivalent of the Tesla model 3 is 132 miles combined city/highway, city is 138, highway 126. No ICE comes close. 25 kWh/100 miles, do the math. If you have solar panels, net metering and TOU rates better still.

[@user-kc1tf7zm3b]

In Australia, it costs AUD $2,100 to fuel and maintain a petrol car over a calendar year. An EV, which is essentially maintenance free, charged with public electricity grid can cost as low as $330, which represents a 84% saving. For those with home solar the charging cost is naturally zero dollars, which is a 100% saving! A 2 EV household will save a massive $84,000 over 20 years with home solar. And you wonder why nearly all Australians new build homes have solar panels.

[@cordkretzschmar5693]

I live in Germany Hannover about 52° north, where it rains about 120 days a year. I have solar on my roof (6KW peak) for 11 years. And it had pay of. If i can do it, so you can do it nearly everywhere.

[@neildolan7177]

You should be factoring the cost of the solar system & batteries in the cost of running EVs.

[@user-kc1tf7zm3b]

In Australia, it costs AUD $2,100 to fuel and maintain a petrol car over a calendar year. An EV, which is essentially maintenance free, charged with public electricity grid can cost as low as $330, which represents a 84% saving. For those with home solar the charging cost is naturally zero dollars, which is a 100% saving! A 2 EV household will save a massive $84,000 over 20 years with home solar. And you wonder why nearly all Australians new build homes have solar panels.

[@neildolan7177]

@user-kc1tf7zm3b You need solar & batteries because by the time people get home, the son has gone. If not it's mains electricity which is cheaper than gas. Are you prepared to guarantee that given the reliance on electricity, it is never going to be unaffordable like it is now?

[@Jeffgarmon-ji5iu]

Thanks!

[@electricviking]

Welcome!

[@superbigblack]

The issue is these articles are using bad math. The average cost of a car is a pointless metric because it doesn't take into account sales data. Avg price of a tesla all wheel drive (excluding cybertruck) is $61,750. When you factor in sales numbers the median purchase price of a tesla is 51,055.55. That's 10 MY and 6 M3 to the 1 MS and 1 MX. Add in the tax credit and it's probably closer to $44,000.

[@FrunkensteinVonZipperneck]

using mathematical mean - rather than median - is bad math.

[@johnbirk843]

When is cars first came out late 1800 early 1900s, it was way more expensive to own a car then to own a horse, was in about 15 years, vastly more expensive to have a horse than a car. Future generations, look back at these discussions and laugh at those who thought that EVs were more expensive

[@nelsonoliveira1007]

I'm in Toronto and at almost 3 years with my EV and have driven 50K kms. Cost me $20 a month to charge from home. Solar panels are too expensive to install compared to my monthly electric bill. My yearly electric bill is $1100 and a solar panel system is about $27K and that doesn't benefit me at this time.

[@litestuffllc7249]

A key factor is that JD Powers rates certain ICE/Hybrids highest and no BEV has ever made even the top 10 in reliablity.

[@netgnostic1627]

I'm still a bit concerned with the ability to keep an EV safe from tampering while it's charging. If I plug it in at a shopping mall while I'm in the store, I would be concerned that some idiot might mess with my car while it's plugged in and kinda vulverable. On my present ICE vehicle, I have a locking gas cap for a similar reason. What are people doing to protect their EVs?

[@fredbloggs5902]

Most EVs have locking mechanisms to secure the charging cable while the vehicle is charging unattended.

[@whetwilly1]

To own or maintain? The caveats to this make me wonder. To MAINTAIN I could squint and see it…maybe. However to OWN is a little different. My state has an annual property tax penalty of $126 for EV’s to cover lost fuel tax revenue and insurance premiums for coverage are 10%-20% higher for comparable machines (Hybrid Camry VS Model 3). Even with 2 oil changes a year (assuming 12k miles driven per year and an aggressive oil change regimen) for the Camry, and fuel costs VS electric, I would have to see some hard numbers to compare before I would believe a clear winner…

[@wj9494]

Are they including the battery pack replacement? If not, are they including the purchase price of a new car after 8 years? Did they include the insurance? The cost of my insurance (no accidents, no tickets for 10 years +) on a new Model Y was more than my payment. I think the cost of a BEV is still too high for me.

[@h-e-acc]

Battery pack replacement is going to go down in cost. Right now brand new battery pack costs around $13,000-$20,000. The price is just about in the range if buying a new car so the buyer, if they still have the income, has the option to keep their car but get a brand new battery pack installed through one time payment or by some other means of financing, or trade it in for a newer model. But those battery prices are going to go further down in cost as technology becomes more pervasive and as newer battery technology becomes available (lighter and more efficient solid state, sodium ion, etc.). This doesn’t even take into account newer, more advanced technologies that may come up (compact fusion, e.g.).

[@craigweems]

I live in Vail the center of Colorado and there are plenty of Superchargers not to mention the other brands plus there are plenty of public overnight chargers at condos and hotels. Your charger info source is crap. Suggest you depend on what you know.

[@Michael-yi4mc]

Did you vote for Bobert?

[@richardalexander5758]

Duh, even my model X is way less expensive to operate over my 6 cyl ICE pickup, including the higher insurance cost. Yes I do charge at home with solar panels on the roof, and so far this year have produced 773 kWh more electricity than I've used. The cost to fuel and maintain a SUV with the performance of the Model X would be freaking huge. No worries about emission control sensors, EGR valves, transmission services, cam belts, hoses, antifreeze, exhaust system, or brakes. My lawn mower, chainsaw, and weed eater are all electric as are all my other power tools. ICE sucks in so many ways, glad to be done with it, don't even own a gas can any more.

[@timothykeith1367]

JD Power is a marketing organization. They will say whatever they are paid to say. How does JD power make its operating income? What product does it sell? JD Power does kind of what Sam does and gets paid to do it. 5 years might be long-term for an EV. 60 months is not even the terms of payment for most new car purchases. My vehicles are 30 years old - that's long-term for me, some of my cars are 80 years old.

[@alexco5881]

I recently bought a 2016 leaf, driving 8000km per year saves $1200 - $1500 despite the idiotic right wing NZ govt slapping road use taxes on EVs. I looked at a 2022 ZS EV, $23000 NZD with 10000km. That cost the previous owner over $1 per km depreciation. I chose to pay cash for the leaf, because paying 11% interest would eat up any petrol savings. Saying EVs are cheaper : it depends on how much petrol you don't need to buy. Am loving the leaf, it makes our old Toyota road trip car seem very noisy, rattley and smelly when I need to scrape ice off the windscreen

[@ronvandereerden4714]

One moment you say you've never exaggerated on this... a moment later... In British Columbia where it rains every day. And you say it twice even. Huh? It rains a lot for three months of the year. Not every day even then. It rains maybe 15% of the time through the year. Rooftop solar works here too.

[@fredbloggs5902]

Parts of B.C. have 236 days of rain per year on average, that’s 65%.

[@ronvandereerden4714]

@@fredbloggs5902 But parts of BC are very arid and get little rain at all. The coast is rainy, the interior not so much. It's where most people live that matters , so essentially the Okanagan (very dry) and The Lower Mainland (wet, but not anything anywhere near 236 days of rain). In any case, that type of number is what most people use to bolster their argument - usually to make excuses for not riding a bike - and it's wrong. That statistic is based on the number of days that have rain, not how much of the time it is raining. If it rains for an hour, that's a rain day. I know from riding my bike year round in Vancouver that it rains way less than people complain about. I stand by 15% in the region that has half the population of the province. Most of the rest live where it is substantially dryer.

[@fredbloggs5902]

@@ronvandereerden4714 Wrong, what’s important here is the world’s perception, your inability to understand that indicates you have cognitive difficulties, I suggest you get diagnosed.

[@mpmcallister]

The J.D. Power 2024 U.S. Initial Quality Study (IQS) reveals that battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) still face significant quality challenges compared to gas-powered vehicles. Despite traditional automakers closing the quality gap with Tesla, BEVs have a higher incidence of issues, averaging 266 problems per 100 vehicles (PP100) compared to 180 PP100 for gas-powered vehicles.

[@jameshernandez5766]

Hertz has used Tesla's for 20 grand with about 50k miles on it. If anyone wants an EV, I would recommend used.

[@manuelferreira4622]

JD power are messing with you, they do not have a clue about the subject, but they need to say something about it, but as i used to say, tic tac tic tac, and then we will see who is right!

[@timothykeith1367]

JD Power is a marketing organization - they aren't credible

[@brendanpells912]

Hang on, is this the same JD Power you accuse of being oil industry shills whenever Tesla appears at or near the bottom of their reliability surveys?

[@rocketrollsvlogs7625]

I live in an apartment in a metro area and even with that, it's time to switch. If you rent in a rural area, i get it. The last nail will be the other companies building their cars with NACS chargers. That's it.

[@asianamericanadvice6016]

But if I need to take a trip I may have to rent a car. I agree with the study, but what if I need to make a 300 mile trip regularly and don't want to worry about unexpected problems.

[@billienomates1606]

E.V's overweight, limited mileage, heavy wear on tyres, expensive repairs, excessive initial cost relative to i.c.e vehicles. Only being deaf, dumb and blind would make you actually want one of these roman candles in my opinion.

[@user-kc1tf7zm3b]

In Australia, it costs AUD $2,100 to fuel and maintain a petrol car over a calendar year. An EV, which is essentially maintenance free, charged with public electricity grid can cost as low as $380, which represents a 84% saving. For those with home solar the charging cost is naturally zero dollars, which is a 100% saving! A 2 EV household will save a massive $84,000 over 20 years with home solar. And you wonder why nearly all Australians new build homes have solar panels.

[@user-kc1tf7zm3b]

EVs have 500km of range. Who really drives 600km 6 days week to reach work and go shopping on a Saturday. That’s right. Nobody. The responsible EV driver does not wear through tyres faster than his previous petrol car. EVs weigh no more than petrol cars. Petrol cars cost more than EVs, especially when budget EVs are considered. In any case, the petrol and engine maintenance costs always make petrol cars more expensive than EVs over time.

[@mxguy2438]

Ownership of a vehicle that can be remotely controlled, data mined or software updated starts to get hazy. EV's are great, but too much baggage. Elon referred to privately owned teslas as "the tesla fleet". Does not bode well.

[@FrunkensteinVonZipperneck]

You do know that every new ICE Ford can be “remotely controlled?” Don’t look behind you….😂

[@mxguy2438]

@@FrunkensteinVonZipperneck and how does that change my point? One of the reason EV's are not being adopted is as I've mentioned. I might be an EV fan, but will not own a vehicle that can remotely software updated, etc.

[@laurazeros6970]

Most people in the US want big suv so compare a chevy spark ice with an electric hummer and then you will see comparisons its what you buy that makes the difference I will pay a few extra bucks of gas for the convenience it provides from electric

[@dougsheldon5560]

I hear the insurance is terribly more expensive.

[@charleshayden1400]

Wrong.

[@patrickhenigin4805]

How long will these tiny turbocharged cars with cvt transmissions last. Compare sticker price of Tesla with similar ice luxury cars.

[@ttkddry]

Does this include the overal lifecycle cost, buying it and then selling it after 5 or 10 years, taking in account depreciation?

[@ronfarnsworth7074]

I'd say that's hard to predict given the rate of change right now. But the obvious trend is that gas cars are already and increasingly a worse investment even though we're now in a transitional phase. I fixed all sorts of tech for a living, seen many changes in 74 yrs, and can say this issue is a no brainer for me. But skepticism isn't bad, just do your homework and know your sources.

[@user-kc1tf7zm3b]

In Australia, it costs AUD $2,100 to fuel and maintain a petrol car over a calendar year. An EV, which is essentially maintenance free, charged with public electricity grid can cost as low as $330, which represents a 84% saving. For those with home solar the charging cost is naturally zero dollars, which is a 100% saving! A 2 EV household will save a massive $84,000 over 20 years with home solar. And you wonder why nearly all Australians new build homes have solar panels.

[@neildolan7177]

How many is, "a lot of electric trucks?" This must be overstating the position

[@litestuffllc7249]

It certainly would matter what cars one is talking about - if this was a 5 year study; you are talking an EV from 2018 vs some unknown vehicle. To make any sense out of it; you'd need to know the brand and model of the ICE car; etc. 5 years supposes really only 2 makes of BEV in the USA - Tesla Model S and Nissan Leaf; Unless like China they incude hybrids - which makes it a more complicated set of choice comparisions. Maybe they could compare a RAV4 hybrid vs a RAV4 Ice vehicle then. Which is a very direct comparison - Comparing a Nissan Leaf to a Ford F150 or a Tesla S to a Ferrarri are not useful comparisons.

[@ElMistroFeroz]

Next on this series: Recent studies revealed water is wet.

[@philipbrown9006]

Whether an EV is cheaper to run than an ICEV is to a large extent dependent on the relative costs of electricity and petrol. If the government put a tax on using electricity to propel a car to make up for the loss in fuel duty, or because the grid cannot cope with the extra demand, this may no longer be the case.

[@GruffSillyGoat]

Renewable energy costs a lot less than fossil fuel generated energy, once they become the majority energy in the next couple of years then the price will shift from being determined by fossile fuels to renewables, governments will save vast amounts of money with this shift and the consumer price much lower as well. Hence the tax take will be less importants than it once was with fossil fuels. Most grids have more than enough spare capacity available, the problem is one of red-tape and planning to support a faster pace of renewable generation, battery storge and charging site connections to the grid. For example, the UK's grid is sized for 80GW capacity, but currently only utilises 30 to 35GW a day - down from the highs of the early 2000's due to improvements in energy usages by heavy industry and better overall efficiencys (such as the big shift to LED lighting). This can easily support all EVs on the road today, as well as offering capacity to support everyone of the millions of cars on the UK's roads becoming EVs overnight (which would only take up about 2% of the UK's grid spare capacity).

[@binjones]

The cost of solar installation adds to the calculations.

[@ronfarnsworth7074]

But there's a roi. With fossfuel there isn't. And that's ignoring costs of pollution, health, and more fires.

[@user-kc1tf7zm3b]

In Australia, a 2 petrol car household will spend AUD $133,000 on petrol, engine maintenance and home electricity over 20 years. A $30,000 home solar and battery system, which enables the home to be totally self-sufficient with energy to run their EVs and home appliances, means the traditional $133,000 expense is removed from the outset. Moreover, the solar panels becomes a perpetual revenue earner for the household after the 4.5 year financial break even point. This is because the electricity company pays the householder for the solar energy, in the form of feed-in tariffs (FiT) which is generated from as soon as the solar system is installed. In fact, most of the solar energy is surplus to the household’s needs.

[@snodgee]

One more thing a 5 year old Taycan would have lost about £100,000 also a ex work colleague rents out house and he is installed EV chargers has they become vacant and then rents it out 30 to 40 pound a month more

[@MrGMawson2438]

Cheers mate I've been out cutting the grass

[@ralphzoombeenie2330]

Americans could have far cheaper EVs if the government wasn't working against them with 100% duty.

[@mpmcallister]

So, I have a new 2024 Chevy Trax that gets 33.5 MPG. The total cost to drive it off the lot was $24300. I travel 12000 miles a year at an avg cost of gas of $3.50 here in PA. Over 5 years I'll use 60000/33.5 1791 gallons of gas. 1791 gallons x $3.50 is $6268. $24300 + $6268 = $30568 that's $6113 per year plus maintenance. Sorry an EV is not in my future, although I do love the technology.

[@thorium222]

why didn't you buy a used tesla 3 for 25 k and save 5 k on fueling per year from then on driving a much better car? smh

[@user-kc1tf7zm3b]

In Australia, it costs AUD $2,100 to fuel and maintain a petrol car over a calendar year. An EV, which is essentially maintenance free, charged with public electricity grid can cost as low as $330, which represents a 84% saving. For those with home solar the charging cost is naturally zero dollars, which is a 100% saving! A 2 EV household will save a massive $84,000 over 20 years with home solar. And you wonder why nearly all Australians new build homes have solar panels.

[@mpmcallister]

@@thorium222 I have a condo without a charging station and I spend only $1253 on fuel per year.

[@thorium222]

Yes, sorry I meant 5 k per five years.

[@davidbrayshaw3529]

Any chance of citation for that article, Sam? The only material that I can find linked to JD Power was from October 23 and states that EV's are 18% higher in cost to own than a comparable ICE vehicle over a 5 year period. Interesting. It was even reported in EV news.

[@user-kc1tf7zm3b]

In Australia, it costs AUD $2,100 to fuel and maintain a petrol car over a calendar year. An EV, which is essentially maintenance free, charged with public electricity grid can cost as low as $330, which represents a 84% saving. For those with home solar the charging cost is naturally zero dollars, which is a 100% saving! A 2 EV household will save a massive $84,000 over 20 years with home solar. And you wonder why nearly all Australians new build homes have solar panels.

[@davidbrayshaw3529]

@@user-kc1tf7zm3b When I worked in aviation maintenance, we had a particular descriptor for those who focused on fuel burn. It wasn't kind. Hanger fees, annuals, insurance and repairs was where the big bucks went. Fuelling a car is only one of several major costs. The biggest cost consideration of all is depreciation. Then, depending on the vehicle and usage fuel costs or insurance are usually next with maintenance a distant last. Financing is also a consideration, but that's just relative to price. The biggest killer with EV's to date has been eyewatering depreciation, at least it has in Australia. My wife and I were going to buy one until we realised that. Trade in your 4 or 5 year old Tesla model 3 and you're going to drop $35k, and that's being generous. Now try the same thing with a Mazda 3. You're unlucky if you've dropped much over $12k, and you had half the finance costs as well. Go figure. We did.

[@timothykeith1367]

JD Power is a marketing organization. They don't publish out of the blue - manufacturers pay them

[@davidbrayshaw3529]

@@user-kc1tf7zm3b Cost of ownership also takes into account, finance, depreciation, insurance, and maintenance costs. Depending on the vehicle, and the use case, fuel tends to fall somewhere around third or fourth place.

[@davidbrayshaw3529]

@@timothykeith1367 JD Power is owned by Thomas Bravo holdings. JD Power, nor Thomas Bravo holdings don't have anything to do with marketing. JD Power is a data collection and market analytics business. JD Power sells that information to whoever writes them a cheque. Yes, it may be used in marketing, but they are not a marketing company.

[@jasonviberg9807]

I'm in BC and solar panels are still a good investment. Even without solar panels our electricity is fairly cheap and the majority of which comes from renewables like hydro electric. Our summers are pretty sunny. The past week average temperature highs were 28C. Hope your wife has a good recovery. ❤️‍🩹

[@brucec954]

I don't know, it really bugged me that I had to refill the windshield wiper fluid bottle in my Tesla MY. I mean I had to even go to the store and buy another bottle as I was almost out.....Only thing I have done to my 2021 MY, well except for adding some air to the tires.

[@johnbirk843]

I keep on hearing that if I charge my EV at home I can take 6 to 8 hours to charge. I don't know is your car out driving around itself while you're sleeping? These arguments are ridiculous and probably provided by people who are selling oil products and or ice cars

[@TRAVELYIP]

It’s a fact needless to say!

[@snodgee]

Did they mention insurance costs because here in the UK my insurance would go up by over £600 more a year for the same Citroen C4 Diesel to a C4 EV also your house insurance could go up if charging at home

[@jsanders100]

Do you have any evidence that home insurance costs more if you’re charging an ev?

[@iscadean6038]

Rubbish comment here. Insurance costs are not necessarily based on the value of the car but a mix of location, storage, age of driver, local crime rate, etc. my £40k EV costs £350/yr or £30/month. Never heard of addition home insurance for charging an EV. Did you dream that?

[@fyeofyeo402]

This person just gives California, USA insurers a reason to raise rates. Soon in this state, it will be nearly impossible to find property insurance.

[@Chainyanker007]

@@fyeofyeo402- Yes, some insurance companies such as State Farm are no longer insuring newly acquired homes, just maintaining previously insured homes. I expect premium rates to go up. I think that one big reason is the cost of paying insurance to homeowners who lost homes to wildfires which have increased in frequency and breath thanks to climate change which has dried up more brush lands. I got mine thru AAA.

[@snodgee]

@@jsanders100 I have to inform them and they said it would go up but until I had it installed they couldn’t say how much so it could only be a few pounds

[@magnuslarsson337]

Long-time Tesla shareholder: nothing premium about the Tesla Model Y, but it has a lot of features and statistics that is a must to be considered a premium car; energy efficiency, 0-100 time , the “just works”-charging network, the App, the in-car SW, and OTA, rear seat heating. But the interior design and materials, ride quality, noise level, no interior roof handles, no cover for the panoramic roof (should be electric), , cargo net/bar separation absence- even not fitting for one when all other have this behind second row AND front row, the trunk cover is a joke, the material in the trunk is poor, the light output from the headlights is a shame,

[@ColinFox]

"Premium" is in the eye of the beholder. You also directly contradicted yourself in the first sentence: "Nothing premium about the model Y" and then "it has a lot of features and statistics that are required for a premium car". So which is it? Personally, I think Teslas are a significant cut above Mercedes. They put the time, money and effort into the things that actually matter. Mercedes has perfumed air sprayers, that I don't care about. Tesla has world class engineering that I DO care about. The software is the best in the business. The FSD is the best in the business. The safety is the best in the business. The efficiency is the best in the business. Teslas make the best cars, period. If you care about frippery, buy something else.

[@gregchapman6056]

Is that over 20 years

[@davidbeppler3032]

Tesla should sell an EV that charges their account at industry average fuel milage and gas price per mile every month. Free supercharging for life. And sell the car for just $8k. Then collect money every month for 20+years. Every time the car is charged, at home, or a supercharger. The owner gets a bill for the gas equivelent. Everyone would run out and buy one, two, or even 3 of them!

[@thystaljaard7607]

Nice idea. That would need a balloon payment that reduces over time.

[@durinok]

JD Power uses carefully selected criteria and information sources for their analyses, so if they’re saying it costs $27K over 5 years to operate an EV, it’s probably right - insurance, maintenance, tires, average repairs, taxes, registration fees, etc. - on average. Buy/lease a specific EV, and this could be a lot more or a little less. Wondering how they dealt with federal, state, and local EV incentives of various types.

[@FrunkensteinVonZipperneck]

Wrong. J D Power collects data from companies that pay them. Tesla won’t pay: J D Power is an advertising business- Mad Men.

[@durinok]

So what is your specific critique of this study? What data is wrong?

[@user-kc1tf7zm3b]

@@durinok In Australia, it costs AUD $2,100 to fuel and maintain a petrol car over a calendar year. An EV, which is essentially maintenance free, charged with public electricity grid can cost as low as $330, which represents a 84% saving. For those with home solar the charging cost is naturally zero dollars, which is a 100% saving! A 2 EV household will save a massive $84,000 over 20 years with home solar. And you wonder why nearly all Australians new build homes have solar panels.

[@durinok]

@@user-kc1tf7zm3b How much are taxes? How much is insurance? How much is maintenance? Repairs?

[@timothykeith1367]

JD Power cherry picks data - they are a paid marketing organization. JD Power data is generally not credible. Consumer Reports is probably more reliable, but CR data is from their own subscribers - they are a monthly magazine. If you look at any data, say the average balance in a 401K - the figures will vary according to the source because there is no database that contains the actual values. The statistical methods of JD Power can prove whatever they are being paid to promote. My 30-year old $1,500 Geo Metro is cheap to operate, a new battery cost $70, tires cost $35 each. Insurance is low cost. The negative is hospital costs if I'm in an accident, but long-term cost is extremely low. These cars were produced in 3rd world nations years after NLA in the U.S. so parts are abundant and cheap. For others, perhaps an EV is the lowest cost alternative - if they can't do simple maintenance.

[@matthewsands1453]

And the fossil fuel industry has never bank rolled their own narrative, right???😂

[@zes7215]

no usch thing as respecx or for x or etc, sayx, outx, can sayx, outx etc any nmw and any s perfx

[@Fred-Jai]

Does this 5 year cost take into account the fact that depreciation is significantly higher than ICE vehicles? So from point of purchase to point of resale I would suggest that EV's cost more than ICE. Cost of ownership has to take into account resale. Also cost of insurance is at least 30% higher than an ICE vehicle. Ice vehicles are not subsidized. This comparison is bogus !

[@user-kc1tf7zm3b]

In Australia, it costs AUD $2,100 to fuel and maintain a petrol car over a calendar year. An EV, which is essentially maintenance free, charged with public electricity grid can cost as low as $330, which represents a 84% saving. For those with home solar the charging cost is naturally zero dollars, which is a 100% saving! A 2 EV household will save a massive $84,000 over 20 years with home solar. And you wonder why nearly all Australians new build homes have solar panels.

[@user-kc1tf7zm3b]

In Australia, petrol cars cost more than EVs.

[@That-Guy_]

Depreciation is only an issue for the rich people that get a new car every 3 or 4 years. I will own my Model 3 for 10+ years which is about 200k to 240k miles with my driving. I saved $5k last year with my EV. At that rate it will pay for itself before I get rid of it.

[@GolLeeMe]

What did JD Power have to report on reliability?

[@FrunkensteinVonZipperneck]

bullshit

[@timothykeith1367]

​@@FrunkensteinVonZipperneckJD Power is a marketing organization. They publish what they are paid to say

[@bridgesnet]

This report is so one-sided. For example, if you bought a Tesla just before Hertz Rent-a-Car big purchase. Your cost, let's say was about 60 thousand. Then Hertz flood the market with used Tesla. The value of your 60 thousand dollars car took a nose down. Not to mention Elon cutting the price on new cars. So if you decide to sell your car. Good luck. You looking at probably $20,000 depreciation within 2 years. Not to mention the increase cost for insurance, compared to ice vehicles. Lord help you for getting it into an accident. And when you talk about solar panels. It will take you about 15 to 20 years just to break even after you pay for the installation. The math ain't mathing. In a long term, I think a hybrid vehicle would be a better choice.

[@That-Guy_]

Maybe not in your area but the math is working out great for me. I plan on keeping my Model 3 rwd for 10+ years so depreciation is not a concern. Last year it saved me $5,415.13 in fuel, maintenance and insurance over the gas car I was going to buy. The ROI on my solar panels and powerwalls is 11 years and I have backup power built in. But if I counted the fuel savings from my EVs the solar ROI is 4 years.

[@Michael-yi4mc]

I rather have a EV than a ICE with a turbo, start/stop, emissions system, the complex OBD codes, and waiting in a gas station line. And my dog needs the “dog mode “.

[@kevinW826]

ODB codes still exist in an EV. Where I work we still scan for errors on EVs before repairs.

[@richardalexander5758]

yeah, I actually forgot how much I don't miss having to fuel up, getting to a pump that works, going the right direction, hanging around smelling the fumes. Charging at home is so painless.

[@Michael-yi4mc]

@@richardalexander5758 👍Keep the pain in the bedroom and not in the fuel tank. For me, at least.

[@scottmcshannon6821]

this is so very obvious. has been obvious for at least 10 years. you just have to have a basic understanding of time value of money.

[@tysonn4736]

Conspiracy theorists are usually pretty dumb.

[@marcionphilologos5367]

Socialist China shows that within Western crony capitalism everything is too expensive: 1. food 2. electronic goods 3. housing 4. cars. 5 energy.

[@timothykeith1367]

Move to China, I heard Chinese food is good

[@johncahill3644]

Five years is only the beginning. The big savings show up after 10 or even 20 years (seriously). It’s when the drivetrain lasts 2x-3x of an ICE car that things get really interesting. Imagine buying a lightly used Tesla Model 3 today for $25k and then driving it 500,000 miles of cheaper fuel / mile, maybe only 2 or 3 sets of brakes and roughly 10 sets of tires. That works out to about $.10/ mile! (and that assumes you just junk the car, whereas in reality you will be able to recycle the battery pack and probably still have value in the drivetrain). Meanwhile all that time you have a really high quality and really FAST car to drive, and a national charging network (!). PS for what it’s worth, I found that Connect through Costco has the cheapest insurance rates. One assumes in time though Tesla insurance will be in all 50 states.

[@FrunkensteinVonZipperneck]

Stephen King drives his 2013 Model S between homes in Maine and Sarasota…

[@bridgesnet]

500,000 miles? maybe I'm wrong. I haven't seen one yet. (with the same battery)

[@WilliamLeigh-cl9bq]

@@bridgesnet a taxi owner in the UK bought a model S in 2016 and has covered 440,000 miles on the original battery. He also got free Tesla supercharging for the life of the car, imagine how much he has saved in the last 8 years

[@bridgesnet]

@@WilliamLeigh-cl9bq I saw that on KZbin. But i need more data. Hard to trust one report. 🤔

[@WilliamLeigh-cl9bq]

@@bridgesnet kzbin.info/www/bejne/mqCklIGMqrmhjrcsi=lt9rnJuOSshWRaQn

[@frankcoffey]

There is a reason not the have solar panels. In the US you will be punished by governments, HOAs, insurance companies, etc (the list is growing). You can never keep the savings someone somewhere will take it from you. For example when I bought my EV registration was $79 and now it's $279. I got a tax break on my home and the very same year my homeowners insurance went up BY THE EXACT AMOUNT of my savings. See what I mean? I don't believe in coincidence, everything happens as planned and the little guy never gets to keep savings.

[@thorium222]

What wasn't included in the study and what you didn't even mention are the costs that are caused by exhaust induced illnesses, which are even more staggering for the average person in the USA where there isn't universal health coverage. Just think about respiratory illnesses, circulatory illnesses as well as cancer and you should be hellbent on getting an EV.

[@davehope2210]

Lithium battery poisoning and EMF Radiation ... is OK ?

[@thorium222]

@@davehope2210 That is just bullshit.

[@mattx4253]

Does anyone care? People buy cars that lose money because they want them. Its not all about saving money 😂

[@user-kc1tf7zm3b]

Yes, most consumers do.

[@mattx4253]

@@user-kc1tf7zm3b broke ones do

[@chrvids5846]

Duh

[@h-e-acc]

Man internal combustion engine vehicle shills keep getting my comment deleted 😅😅😅

[@ChicagoBob123]

They need to make them cost in the short term

[@Katarzyna-x4j]

This is my favorite channel. Despite the dip in crypto. I still thank you for the level headed financial advice I started crypto investment with $7,500 and since following you for few weeks now, l've got 25k In my portfolio. Thank you so much mrs Elizabeth Slone

[@Patricia-i2q]

Wow. I'm a bit perplexed seeing her been mentioned here also Didn't know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.

[@gabrieladaniel3015]

The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional.

[@Martinez-j8i]

Isn't that the same Mrs Elizabeth Slone that my neighbours are talking about, she has to be a perfect expert for people to talk about her so well

[@SgtAlexis-m6h]

I'm new at this, please how can I reach her?

[@SorezPatrick]

I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much

[@stevencole7331]

There is another leg up for EVs coming soon . I think a few places ice vehicles have an advantage on cost is insurance , repairs and registering a vehicle . I think comparing to ice is like comparing to apples and oranges except for emissions . If you own a EV your personal space has cleaner air as you don't breath tail pipe emissions or raw gasoline at the pump . This also includes your family and kids . I coached a softball team with my son . One other coach has a diesel pickup truck that on occasion left idling and the fumes were suffocating as the players breathed in the fumes including his small children totally oblivious of what was occuring and how this one individual affected so many in this localized spot at practice . We miss the true benefit of EVs which is the local space and air it occupies for the humans and other breathing animals within that space . It can't be argued like climate change . The evidence is clear tailpipe and gas emissions are carcinogenic to the body . Also a I w vehicle at rest still gives off gasoline vapors which can accumulate in a enclosed garage . I find this unusual as me being and electrician that enclosed spaces that are prone to computational fumes require electrical to be enclosed in explosion proof boxes so a electrical spark can't ignite those vapors

[@SingLee-on3yh]

i like engine nois

[@MrGMawson2438]

Afternoon mate

[@neildolan7177]

So, the false hood that you are peddling is that EVs include PHEVs that have an internal combustion engine. Click bait& fake news.

[@user-kc1tf7zm3b]

‘New Energy Vehicles’ (NEVs) are essentially EVs and PHEVs and is a statistical category that the car industry uses.

[@neildolan7177]

@user-kc1tf7zm3b True, but PHEVs need more maintenance than pure EVs. But PHEVs are counted as EVs for sales in this channel.

[@h-e-acc]

And owning Tesla would be even less expensive to own because all the regular proper maintenance and cleaning can be DIY (tire alignment and rotation, filter change, brake fluid check, etc.). It would be even less expensive if Tesla adopts GoSun’s roof rack-mounted EV solar charger making it more lightweight and higher capacity that should be able to be used to charge Tesla Powerwalls to supply power to a single family house so you get that multi-functionality.

[@LordTimelord]

I wasn't aware of this product. I'm going to research up on it! 👍

[@Michael-yi4mc]

Easier to pass emissions tests with a electric vehicle

[@richardalexander5758]

Absolutely LOVE not having a "check engine" light any longer.

[@safebatteries8315]

Not when you measure Lithium Battery toxins and EMF Radiation

[@Michael-yi4mc]

@@safebatteries8315 👍That’s not a requirement for driving on the public highway.

[@Michael-yi4mc]

Expect to trade your EV soon for a new EV with a longer range battery.

[@cleanenvironment8121]

And lose even more money

[@Michael-yi4mc]

@@cleanenvironment8121 👍All cars are a bad investment.

[@StuartConsulting]

My maintenance cost of my Tesla Model Y over the past 18 months ?, well I had to sneak into a petrol station to use their air hose to top up the tyre pressures.

[@antoinepageau8336]

We’ve owned our first Tesla model 3 for 2 years now and are at 115,000 km. Just on fuel alone we’ve saved $15,000! Not to mention, no oil changes, brakes, fuel injection system etc. Then there’s the fact that in the winter the car is always warm when we get in, cool in the summer, FSD v12 has completely changed the way we interact with the vehicle. Tires, cabin air filters, and 2 sets of wipers. That’s everything.

[@Michael-yi4mc]

Even EV battery costs are declining as quality improves.