this post was submitted on 26 Jul 2023
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I haven’t purchased an EV because they’re more expensive than an equivalent ICE vehicle. My current vehicle cost me $2,500 USD. My hope is that the used EV market continues to expand while economies of scale push prices down.
Depending on how much you drive and how expensive your local energy bill is, the economics can work out better than you think.
I usually charge at home, and my equivilant cost per gallon (assuming 25mpg) is about $0.50/gallon.
If I drive 1000 miles per month, that's about $140/month I'm saving. If gas prices increase to $6/gallon, which I'm sure they will eventually, that's $220/month.
It doesn't justify a new Tesla, but used ones are getting cheaper finally.
Lol I will not purchase a Tesla out of principle. I get your point though. It feels like we have some ways to go before the used EV market is actually competitive, but I am hopeful for the future.
I don't blame you. I bought mine before I really knew how far off the deep end Elon was, and while I like the car, I doubt my next one will be a Tesla again