Quote:
Originally Posted by Efthreeoh
Economically it makes no sense to buy a $50K car to save $1,000/year in fuel cost. A decent econobox can be well had for under $20K. $30K of gasoline buys hundreds of thousands of miles of travel. Most people, who have concern regarding their commuting costs, and who have to balance their budget allocations between transportation, food, housing, etc. realize this and buy low-price ICE vehicles, and why the EV percentage of the total automotive marketplace remains at 1%.
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Agreed, but the fuel savings isn't even that favorable. Tesla themselves assume $720/year...($3600 over 5 years) And their calculations use premium-grade gasoline cost in the comparison.
My personal Model 3 fuel calculations assume best-case 75% efficient charging; and use my June 2018 electric cost of $0.17479 per kWh (delivered). I am also using the .233 kWh per mile consumption rate I've seen Model 3 owners report online.
Result is ~$5.10 per 100 miles of driving.