Thread: Tesla Model 3
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Old 03-31-2019, 11:12 AM   #1017 (permalink)
Xist
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Join Date: Jun 2012
Location: Show Low, AZ
Posts: 12,186

Chorizo - '00 Honda Civic HX, baby! :D
90 day: 35.35 mpg (US)

Mid-Life Crisis Fighter - '99 Honda Accord LX
90 day: 34.2 mpg (US)

Gramps - '04 Toyota Camry LE
90 day: 35.39 mpg (US)

Don't hit me bro - '05 Toyota Camry LE
90 day: 29.44 mpg (US)
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"An electric car is the perfect thing for a guy who doesn't need a car at all."

I feel like electric cars are hobbies for rich people.

If something happened to my Accord before I got my Civic back on the road I would probably try to find the most reliable $1,500 beater that I could. Many things would need to change before I could put together the $6,000 that I paid for my Subaru.

How many people are in my situation?

Let's go along with the argument "You can't afford not to!"

Good news everyone! I finally found an electric vehicle with a 228-mile range for $6,000!

It is a bicycle and they averaged 13.5 MPH for 17 hours. https://electrek.co/2018/08/22/delfa...ll-production/

The writer estimated 85 - 100 miles at 25 MPH.

Looking in the Phoenix area, I found:
$4,000 for a 2013 Leaf with 92,000, six bars, and a lien:
https://phoenix.craigslist.org/nph/c...832147566.html
$6,998 (plus tax?) for a 2011 Leaf with 69,000 miles and a new hybrid battery: https://www.facebook.com/marketplace...place_pill_tab
$6,800 for a 2012 with 58,000 miles and a new battery: https://offerup.com/item/detail/652170125/
Emissions are good: https://offerup.com/item/detail/625513051/

So, for $7,000, I could have a basically new six or eight year-old car--which would seem quite new to me. I would need to finance, which would be a pain for a private party sale. I read that banks charge more interest, if I can even get approved for a loan, because being able to have a mechanic inspect it means it is riskier.

Wait.

Let's say that I put down $1,500, finance $5,500 at 8% (is that realistic? I do not have any idea) for 36 months. I pay $172 monthly towards the loan, $45 monthly for electricity, and charge over two hundred times a year. After three years and $7,812 I have a paid-off car with a degraded battery. After five years the possibly aftermarket battery will have as many miles as when it was originally replaced.

Let's say that I charge three hundred times a year, but still pay $540 annually for 15,000 miles. $8,892 plus a set of tires for five years and 75,000 miles, $1,778.40 annually, $148.20 monthly, and 12¢ per mile.

I do not understand the argument that electric cars are more convenient because you do not spend all of that time at gas stations. Seven minutes every week or two? I insert the nozzle, clean my windshield and back window, and put the nozzle back.

Anyway, my Accord is twenty years old and goes 550 miles every single tank, using an average of 16.6 gallons. Right now a tank costs $45.15.

Dang.

So, $102.61 monthly for gas, plus oil changes, and other ICE-related maintenance.

Mr. Money Mustache explains the convoluted way he bought a new Leaf for about $16,000: https://www.marketwatch.com/story/ho...000-2016-11-02

Fun fact: "Over half of Colorado's electricity comes from coal-fired power plants." https://www.eia.gov/state/?sid=CO

Source for $540 for 15,000 miles: https://pluginamerica.org/how-much-d...-electric-car/
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