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USA cars, USA gallons, and USA dollars: The cheapest Model 3 available near me is $58k according to Tesla's site (Dual Motor LR). A BMW 330i xDrive has a base
by Kon-Peki 4y ago
USA cars, USA gallons, and USA dollars:
The cheapest Model 3 available near me is $58k according to Tesla's site (Dual Motor LR). A BMW 330i xDrive has a base price of $46k and includes the first 3 years of maintenance costs for free. Now, it's a BMW so you need to buy a bunch of options just to get front seats and a steering wheel. Should we put it up at $50k for the equivalent equipment level as a $58k Model 3?
How much does 14,000 miles worth of 3-series gas cost? If you average about 28mpg (it's rated for 33mpg highway), you'll use 500 gallons. If you're paying $4 per gallon, that's $2000. The Model 3 is apparently a few hundred dollars in electricity for the same distance - let's say $300? So, (58000-50000)/(2000-300) = 4.7 years to break even.
I'm not arguing against getting an EV. But you need to drive a lot of miles before you pay off that really big battery. Smaller, cheaper EVs that don't need such big batteries pay off a lot sooner. If that kind of car works for you ;)