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This makes no sense to me. After driving around an extremely inexpensive Ford Fiesta (14k MSRP for a 2019) you purchase a 40k Tesla then think, "Maybe I should
by zcw100 7y ago
This makes no sense to me. After driving around an extremely inexpensive Ford Fiesta (14k MSRP for a 2019) you purchase a 40k Tesla then think, "Maybe I should get rid of the Fiesta"?
So you could have easily afforded a more expensive care but thought, "na, I'll go with the Fiesta. I don't like spending money on cars" but then said, "oh hell ya, I'm buying the Tesla" because you've got 40K burning a hole in your pocket?
- Robotbeat 7y agoBecause it's smelly, messy, and requires much more regular maintenance and weekly gas station trips. If you're not super cash-strapped, an electric car is a pretty fantastic value. And if you are cash-strapped, there are some great deals on used Nissan Leafs and Chevy Volts (depending on your use case) out there. End up saving the difference in money on gas and maintenance.
- ScottFree 7y agoI'll be very interested to see how Teslas hold up after 10+ years. I own a 15 year old Audi that I drive maybe once a week. Every time I start it up, something new has failed. It could be another broken sensor, a worn rubber hose, a broken plastic clip, a short in the electronics causing a parasitic power drain, etc. Part of it is the age, but part of it is that gas cars are designed to be driven. Letting them sit for any period of time will cause headaches. Electric cars should, in theory, be better in that regard as long as you leave them plugged in.
- tastygreenapple 7y agoYou're probably putting too much explanatory power in 'electric' vs 'gas'. I'll speculate that things are failing on your Audi because it's an Audi, not because its gas powered. Go find someone driving a 15+ year old Lexus and ask them if something new breaks every time they drive. It's unlikely that they'll commiserate.
- semi-extrinsic 7y agoHow is it fantastic value when it costs almost 3x as much? I'm actually buying a new (used) car right now. Around the $15k mark, I can get e.g. a 4 year old 7 seater that's done 60k miles. Based on my previous car ownership, I expect to spend around $700/year on average on maintenance, and around $1000/year on fuel. In total, I can expect a first year total cost of 700+1000+1500 = $3200 of which the biggest cost is a 10% depreciation. If I were to buy a $40k Model 3 (with less seats, less cargo capacity) that had 0 maintenance and 0 fuel cost, I'd still spend $4000 the first year to depreciation alone. 4000 > 3200. How are you saving anything?
- Robotbeat 7y agoI bought a used Volt about the same age and miles for the same price ($10k-$15k). Its starting MSRP was the same as a Model 3 is now. So I have almost all the advantages of an electric car. Model 3s will get there, too, eventually (the fact that used prices are still super high tells you that people love the car... also, they've only had the cheaper trims in large numbers for the last year or so). Your argument can be applied to any new car. Buying used EVs will be the better deal, just like buying a used ICE is a better deal than a new one. Certainly the case for me. I've spent nothing on maintenance (except tires and wiper blades) and very little on fuel (electricity is equivalent to $1/gallon gasoline).
- semi-extrinsic 7y agoSure. Buying a new car, whether EV or ICE, is irrational from a financial standpoint, no matter how you look at it. The argument that a new EV makes financial sense, which was what OP said, is quite clearly untrue and people should stop repeating it.
- esotericn 7y agoIt's in a different category. I'd think of it more like comparing a TV to a monitor. The latter is more expensive.
- SEJeff 7y agoYou're seeing it wrong. We figured the Tesla would be useful for some things but not for long trips. Since there are gas stations literally everywhere we were worried we'd not be able to take the Tesla on long drives. It turns out we can take the Tesla on long drives everywhere we want to go, so we got rid of the Fiesta. FWIW, we got every feature on a Model 3 AWD LR sans the 19" wheels, performance, and the white interior. After tax and whatnot it worked out to around $68,000. It had nothing to do with price, but with features / functionality. We bought one of the "higher end" Fiestas (the SEL) in 2011 and I think it worked out to around $20k after all of the options, dealer mess, and taxes.
- zcw100 7y agoI don't think I'm seeing anything wrong and you've only reinforced my point. You replaced a car with one that is over three times the price. Go ahead and compare the vehicles but it's not much of a comparison if you don't include that fact. What kills me about people that promote Tesla is how completely oblivious they are to how unique their situation is and how outside of the norm they are. I have a very high household income, probably in the top %3, and even I know most people don't just drop $68k for a car. I want to say something I find interesting about Tesla owners. They seem to have a persecution complex where they think every diesel pickup truck is out to coal roll them and those nasty ICE owners are out to key their car the first chance they get. I think it comes from how condescending they know they are with the, "They hate us because they know we're the future" to the "their dirty, stinking, smelly ICE vehicles". And it doesn't take very much to go from, "You're care is dirty, disgusting, and filthy", to "You're dirty, disgusting and filthy". It's the ultimate in hating someone because they're poor. You're dirty, disgusting and filthy and if you don't want to be that way you should drop the extra $40k for a new car like I did. The sad truth is most people driving either don't think about you at all in your Tesla or if they do think about you probably think, "I wish I had that kind of money, it's kind of neat".