3 ms·
TCO is definitely one of the issues I considered. At the time I purchased my Chevy Bolt I calculated that the savings on fuel would roughly cancel out the diffe
by pavon 3y ago
TCO is definitely one of the issues I considered. At the time I purchased my Chevy Bolt I calculated that the savings on fuel would roughly cancel out the difference in purchase price compared to a Honda Fit, given relative electricity and gasoline prices in my area. I wouldn't say TCO was the reason I bought it, but it was essential in justifying paying more than I normally would for a car.
The numbers I ran have largely held up for me. The big surprise was finding out it costs way more to insure. Some of that I should have expected since the Bolt has a higher replacement cost, but that alone doesn't come close to explaining the difference.