Ugh. I saw the headline and I was hoping it would be an entry-level, low cost, highly analogue, "looks just like a normal car but electric" car.
It is low cost! The Tesla Model 3 was twice the cost almost a decade ago.
BTW: The price premium for electric is offset by the lower cost of electricity, and the fact that electricity's cost is much less volatile than gas.
Depends on where you live. In states like Connecticut, or certain areas of California (PG&E Bay Area customers), the ROI is very long or simply doesn't pencil out at all. I think for Connecticut, which has high electricity prices but low gas prices, it's just net negative. For me in SF, despite high gas prices the ROI is just too long (5-10 years?), and that's before factoring in the ~$5000+ required for updating my electrical box, which is a conservative estimate because now the city requires the meter to be outside the house, whereas it's currently in the garage.
I drive an EV because in every dimension I care about it’s a superior vehicle. They drive better, sound better, and use a fundamental force rather than flintstone fire smoke stink. It’s time to move on from pouring distilled dinosaur juice into your explosion mobile and join the Maxwell equation crowd. The upgrade of your electric is a one time cost that will enable you to use an EV until you move, and improves your home value, so hard to count it into the cost of the car.
Plus they last basically forever and require almost no maintenance. I like being able to never change oil, tune up, belts, whatever every few months. Every few years I get the cabin filter changed and that’s it. In 10 years the battery might be reduced by 20%, and I might replace the batteries around 15-20 years out, but I expect to literally drive it into the ground. (Mine is a Tesla with unlimited super charging for life, and I live next to a super charger)
I have family overseas and will likely buy them one of these EV Camrys. If they’re good, I might get one for my daughter. At $30k it’s fairly affordable.
I'm not anti EV. I would love to own an EV. I just can't justify the expense. In my case a big part of it is the cost of upgrading the electrical, otherwise I might be inclined to pay the premium.
However upgrading the electrical is a capital improvement process on your home isn’t it? That’s an investment that doesn’t deprecate like the car, no? It also increases the cost basis of the home which can have tax benefits in the long term.
zacharycohn · · focus · HN ↗
gwbas1c · · focus · HN ↗
BTW: The price premium for electric is offset by the lower cost of electricity, and the fact that electricity's cost is much less volatile than gas.
wahern · · focus · HN ↗
fnordpiglet · · focus · HN ↗
Plus they last basically forever and require almost no maintenance. I like being able to never change oil, tune up, belts, whatever every few months. Every few years I get the cabin filter changed and that’s it. In 10 years the battery might be reduced by 20%, and I might replace the batteries around 15-20 years out, but I expect to literally drive it into the ground. (Mine is a Tesla with unlimited super charging for life, and I live next to a super charger)
I have family overseas and will likely buy them one of these EV Camrys. If they’re good, I might get one for my daughter. At $30k it’s fairly affordable.
wahern · · focus · HN ↗
fnordpiglet · · focus · HN ↗