Thread

1. cmiles8 · 1790590664 · focus · HN ↗

   Headline is misleading. Cheaper on per-mile operating costs but typically more expensive to purchase and insure. There’s also a nasty depreciation curve to contend with. Nobody wants a 10 year old Tesla, but a 10 year old well mentioned petrol car still has a ton of life left in it.

   It still often ends up a bit cheaper across comparable vehicles but not a slam dunk and nowhere near as good as the headline suggests.

   1. bArray · 1790591672 · focus · HN ↗

      > There’s also a nasty depreciation curve to contend with. Nobody wants a 10 year old Tesla, but a 10 year old well mentioned petrol car still has a ton of life left in it.

      It's worse, there's almost no second hand market for the vehicles. There is barely anybody trained to repair them (even if they will sell you the parts) and if they are crashed significantly it's almost always a write-off.

      > It still often ends up a bit cheaper across comparable vehicles but not a slam dunk and nowhere near as good as the headline suggests.

      Only because of government meddling. Fuel is almost uniquely taxed 3 times, which pays for subsidies to pay for green energy initiatives.

      I think I'll hold out with my diesels and petrols and see how this all goes.

      1. thedougd · 1790594466 · focus · HN ↗

         In the US, the used market for Teslas is quite strong, even into the high miles. I recently purchased a used EV and found the Teslas weren’t discounted enough from new for my liking. They moved quickly too, except for the ones with salvage titles.

         I ended up getting an off-lease Hyundai EV because they tanked in value in part due to their ICCU failures, which are now covered under an extended warranty.

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