View Single Post
Old 03-21-2019, 02:28 PM   #289 (permalink)
redpoint5
Human Environmentalist
 
redpoint5's Avatar
 
Join Date: Aug 2010
Location: Oregon
Posts: 12,679

Acura TSX - '06 Acura TSX
90 day: 24.19 mpg (US)

Lafawnda - CBR600 - '01 Honda CBR600 F4i
90 day: 47.32 mpg (US)

Big Yeller - Dodge/Cummins - '98 Dodge Ram 2500 base
90 day: 21.82 mpg (US)

Chevy ZR-2 - '03 Chevrolet S10 ZR2
90 day: 17.14 mpg (US)

Model Y - '24 Tesla Y LR AWD

Pacifica Hybrid - '21 Chrysler Pacifica Hybrid
90 day: 85.85 mpg (US)
Thanks: 4,304
Thanked 4,460 Times in 3,426 Posts
The payback is likely never when you consider opportunity cost. Invest $15,000 in an index fund, and it will average a 7% return over time. That's $1050 per year, or more than I spend on electricity in a year. With heavy subsidy, or installing solar yourself, you can get a decent payback, but probably not when you have to pay the full cost out of pocket and pay someone to install it. Certainly not if the cost is financed.
__________________
Gas and Electric Vehicle Cost of Ownership Calculator







Give me absolute safety, or give me death!
  Reply With Quote