shooterdon
Elite Member
- Joined
- Nov 24, 2012
- Messages
- 4,118
- Tractor
- 2019 LS XR4140 HST Cab; 2020 Kawasaki Mule SX; 2021 Bad Boy 54" ZT Elite
IIRC you bought a deeply discounted EV from a company that may go "**** up". You are a braver man than I.Cheapest I can find is a ford maverick for $27.5k, toyota corola for $23.7, honda civic for $24.1k. Everyone has their preferences, but I wouldn't own any of those.
I would say cost of ownership is lower, charging, maintenance, etc. But I would say that's probably offset by a higher depreciation of the value when going to sell. It's hard to say, because there's not that many 10 year old used ev's. I would probably call it close to even.
If I pay 37k for an ev. Like I just did last week. It would have to be an SUV, because car's just don't work for me. With a tow package. If, after 10 years, it just completely died and I had to throw it in the trash, it would have cost me $3700 to own, per year, plus $333 in electricity, per year, to drive 10,000 miles per year. So just over 4k per year. Add 2 sets of tires plus fitting, that's an extra $800 per set, $1600, divide by 10, $16/yr.
So around 42k cost of ownership for 10 years. Resale of a 2014 nissan leaf right now shows about $3k.
ICE car is 25k, or 2.5k per year. Lets say you average 26 mpg, that's $1350 in fuel assuming $3.50/gal per year. Two $50 oil changes per year. Two sets of tires in 10 years. 2 sets of brake pads and brake pad service, that's about $250 these days if you DIY. So just over 4k per year.
Again, around 42k. Resale of a 2014 honda civic showed about $3000.
Brakes are funny in ev's. They have regen braking, and a guy i know has 100k on his tesla and we were just talking about this the other day and his pads look like they have about 70-80% life left.
I will not buy a Tesla because the closest "dealer" is 200 miles away. I will not buy an "off brand" vehicle (EV or ICE) unless it is a "disposable". A $37k vehicle does not fit my definition of disposable. If something happens in the first few years, and the company is defunct, it presents too much of a risk.
If your EV lasts 10 years, you will have a result acceptable to you, but only time will tell if it was a wise choice.
ICE cars retain value and are easily repaired with affordable and plentiful parts. Not an opinion but fact.
BTW, your $3k value for a used 2014 Civic is low. Cannot find one under $8k and most are in the $10+k range. Not a huge deal, but better than an orphaned EV.
But comparing a full size EV to a Civic is silly. Apples and oranges.
You need a full size vehicle and I already have one. I want something as a second car that keeps miles off my primary vehicle ($50k+ to replace), is affordable, and cheap to operate.