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That's not true at all. A 3-4 year old Tesla goes for approximately 35,000. A 6 year loan at 6.7% is a payment of $600 a month, and by the time you're done pa
by Arainach 3y ago
That's not true at all. A 3-4 year old Tesla goes for approximately 35,000. A 6 year loan at 6.7% is a payment of $600 a month, and by the time you're done paying you'll need to start over because your vehicle will be too old for Uber - assuming you haven't already had to spend tens of thousands more replacing the batteries.
- hrrsn 3y agoIn either case they'll still be spending tens of thousands on a vehicle (and dealing with the depreciation), but I'd imagine the fuel saving calculations pay off a lot quicker for a taxi than they would for most people. As an aside, locally the Model 3 starts at around $35k USD after rebates. <2 year old used models are around the $23k USD mark. We have a /lot/ of Teslas running around as Ubers now.
- Arainach 3y ago> <2 year old used models are around the $23k USD mark That's not what I'm seeing anywhere: https://seattle.craigslist.org/search/cta?max_price=25000&min_price=10000&query=tesla#search=1~gallery~0~0 https://seattle.craigslist.org/search/cta?max_price=25000&mi... https://chicago.craigslist.org/search/cta?max_price=25000&min_price=10000&query=tesla#search=1~gallery~0~0 https://chicago.craigslist.org/search/cta?max_price=25000&mi... https://www.ebay.com/sch/i.html?_sacat=6001&makeval=Tesla&LH_ItemCondition=3000%7C1000%7C2500&_stpos=98011&_nkw=Tesla&_udhi=25%2C900&LH_Sold=1&LH_Complete=1&rt=nc&Model=Model%25203&_dcat=180041 https://www.ebay.com/sch/i.html?_sacat=6001&makeval=Tesla&LH... 5 years old with battery troubles, 8 years old with 142k miles, 3 year old with bumper damage.... not a huge selection here.
- hrrsn 3y agoThat'd be because I don't live in the US. The one I was looking at when I wrote that comment has (unsurprisingly) sold already, but it was 3 years old, 23k miles, with a small scratch on the bumper for $39k NZD. https://www.trademe.co.nz/a/motors/cars/tesla/model-3/listing/4315751620 https://www.trademe.co.nz/a/motors/cars/tesla/model-3/listin...
- FireBeyond 3y agoTesla NZ says that the actual on-road cost is NZD$69,988. USD$41,200.
- hrrsn 3y agoThe rebate I mentioned is NZ$7,000, bringing the total to USD$37,000. My memory wasn't far off.
- AnthonyMouse 3y agoA new Tesla is less than $35,000. You can get a used one for ~$20,000. And that's right now, when used car prices are still crazy. Repair costs are common to all vehicles. Battery replacements are around $13,000, but batteries generally last 300,000-500,000 miles, during which time you might have needed 2-3 engine and transmission repairs at a similar total expense.
- hedora 3y agoUnless Tesla is giving up on the federal rebate, if you manage to kill the batteries in 4 years the warranty will cover the replacements.
- hibikir 3y agoSpain is full of professional taxi drivers (not on Uber) driving Teslas. People that had been driving before, for years, and do it full time. They drive Teslas because they are big enough for a taxi, and they really end up ahead. And take into account that the other normal Taxi cab there drive isn't a 4 year old Kia, but a Mercedes.
- SoftTalker 3y agoMercedes makes base model cars for taxi duty that they don’t sell in the USA. In the USA they are a luxury brand, in Europe they are just cars.