CR: EVs MORE expensive than ICE over 5 years
Yeah, I know, nothing like throwing rocks at a hornet's nest with you all and your passions.
Still, I nearly fell out of my chair when I got the latest Consumer Reports car issue. IN GENERAL, while an EV costs about 1/3 to fuel up than an ICE, if depreciation is taken into account over five years the EV probably fares worse than an equivalent ICE car.
One example cited was a 2017 Leaf that sold for $35K (before credits) and now has a wholesale value of just $10.6K. It added that the Volt is in a similar situation. The article mentioned that Teslas do much better at this.
I'd love to see a rigorous writeup on long-term cost comparisons for EVs. I seem to recall reading in CR a year or two ago a comparison for ICE cars and that the Prius was king, with an annual cost of about $5K when everything is factored in--maintenance, fuel, depreciation, insurance, and such.
And, of course, it also means that a used Leaf, say, is a really good deal as long as you can live with the limitations. Better yet, the Volt, with far fewer limitations.
Still, I nearly fell out of my chair when I got the latest Consumer Reports car issue. IN GENERAL, while an EV costs about 1/3 to fuel up than an ICE, if depreciation is taken into account over five years the EV probably fares worse than an equivalent ICE car.
One example cited was a 2017 Leaf that sold for $35K (before credits) and now has a wholesale value of just $10.6K. It added that the Volt is in a similar situation. The article mentioned that Teslas do much better at this.
I'd love to see a rigorous writeup on long-term cost comparisons for EVs. I seem to recall reading in CR a year or two ago a comparison for ICE cars and that the Prius was king, with an annual cost of about $5K when everything is factored in--maintenance, fuel, depreciation, insurance, and such.
And, of course, it also means that a used Leaf, say, is a really good deal as long as you can live with the limitations. Better yet, the Volt, with far fewer limitations.
Is that the trend for ALL EVs or just vehicles like the leaf?
Last I checked from used Teslas, it seems the folks who add on their value added reseller tax on certain Toyota products (200k 1999 LX470 for $14k) have entered the Tesla game...
Last I checked from used Teslas, it seems the folks who add on their value added reseller tax on certain Toyota products (200k 1999 LX470 for $14k) have entered the Tesla game...
Yeah, I know, nothing like throwing rocks at a hornet's nest with you all and your passions.
Still, I nearly fell out of my chair when I got the latest Consumer Reports car issue. IN GENERAL, while an EV costs about 1/3 to fuel up than an ICE, if depreciation is taken into account over five years the EV probably fares worse than an equivalent ICE car.
One example cited was a 2017 Leaf that sold for $35K (before credits) and now has a wholesale value of just $10.6K. It added that the Volt is in a similar situation. The article mentioned that Teslas do much better at this.
I'd love to see a rigorous writeup on long-term cost comparisons for EVs. I seem to recall reading in CR a year or two ago a comparison for ICE cars and that the Prius was king, with an annual cost of about $5K when everything is factored in--maintenance, fuel, depreciation, insurance, and such.
And, of course, it also means that a used Leaf, say, is a really good deal as long as you can live with the limitations. Better yet, the Volt, with far fewer limitations.
Still, I nearly fell out of my chair when I got the latest Consumer Reports car issue. IN GENERAL, while an EV costs about 1/3 to fuel up than an ICE, if depreciation is taken into account over five years the EV probably fares worse than an equivalent ICE car.
One example cited was a 2017 Leaf that sold for $35K (before credits) and now has a wholesale value of just $10.6K. It added that the Volt is in a similar situation. The article mentioned that Teslas do much better at this.
I'd love to see a rigorous writeup on long-term cost comparisons for EVs. I seem to recall reading in CR a year or two ago a comparison for ICE cars and that the Prius was king, with an annual cost of about $5K when everything is factored in--maintenance, fuel, depreciation, insurance, and such.
And, of course, it also means that a used Leaf, say, is a really good deal as long as you can live with the limitations. Better yet, the Volt, with far fewer limitations.
Terrible. People rarely lease because Tesla gives such bad deals. The used car market for Tesla sellers is good because Tesla leases have no buyout option. So Tesla takes ownership and sells the used cars for too much (or keep it for fleet robotaxi). Inflates the market. Don't lease a Tesla. Just buy it and sell it later if you only want it 3 years.
Correct. They picked two poor examples, with bad resale. However, much of that is regional. At least the Volt holds up halfway decent here in CA. So really, these test results depend upon where one lives.
Trending Topics
Originally Posted by 4TehNguyen
what about that Tesla Model X that had 500k miles, some hugely expensive repairs on that one and it chews through rear tires like nobodys business
$29k maintenance and fuel costs over 400k miles seem reasonable for a $100k+ car.










