You have commented 339 times on Rantburg.

Your Name
Your e-mail (optional)
Website (optional)
My Original Nic        Pic-a-Nic        Sorry. Comments have been closed on this article.
Bold Italic Underline Strike Bullet Blockquote Small Big Link Squish Foto Photo
Economy
It can take a decade to break even on an EV
2023-07-08
[MAIL] The US is in the middle of an electric car revolution. This week, Tesla announced a record surge in sales in the second quarter of the year - delivering 446,140 cars worldwide in the three months leading up to June, outdoing its own prediction of 445,000.

Business has been bolstered in the US by federal tax credits for electric vehicles that have made them more accessible than ever for Americans.

Electric cars are much more expensive to buy, but usually cheaper to run - as maintenance and fuel costs can fall substantially with an eco car.

However experts are warning that it takes an average of six years to break even on a purchase - and it can take up to a decade for the premium to pay off.

Customers are also taking to social media to express their regret at their EV purchase, with difficulties tracking down charging spots and unexpected costs. So how long does it really take to save money on an electric car - and is it worth the price?
Posted by:Besoeker

#14  Neocons are dumb. LePenn or her student is not going to play their games.
Posted by: Super Hose   2023-07-08 15:38  

#13  Some discussion that these "riots" in France are part of another neocon "color revolution" and a way to take out Macron, who, in their minds, is not going by the "script".
Posted by: DooDahMan   2023-07-08 14:33  

#12  The Dutch and Ukraine were supposed to be the forerunners of WEF policy in Europe the way that California, Oregon and Washington were in the US. It did not work out. Macron may fall next.
Posted by: Super Hose   2023-07-08 14:29  

#11  That Dutch PM is about as big as a water boy for Klaus Schwab as one can be.

That a government can just take farms away willy-nilly that have been in families for generations is just sickening.

And these Eurocrat/Davos scum are baffled as to why parties like the AfD in Germany are on the rise and label them as "extreme".

Speakin' of which: AfD party reaches another record polling high, achieves first place in 4 out of 5 eastern German states

Posted by: DooDahMan   2023-07-08 13:45  

#10  What is the math if there is no EV subsidy?

Ugly enough to make a blind man flinch...
Posted by: M. Murcek   2023-07-08 13:07  

#9  The Dutch government has fallen. Turns out bug pate does not appeal to all Europeans.
Posted by: Super Hose   2023-07-08 10:46  

#8  4,700 earthquakes in 72 hours could signal impending eruption of Icelandic volcano

Posted by: Skidmark   2023-07-08 10:23  

#7  I await one juicy volcanic eruption to blow the carbon numbers into the stratosphere. EV's won't matter much when crops fail and London has snow in July.
Posted by: DooDahMan   2023-07-08 10:03  

#6  It will never break even on the total carbon usage...
Posted by: 49 Pan   2023-07-08 10:01  

#5  What is the math if there is no EV subsidy?
Posted by: Super Hose   2023-07-08 09:44  

#4  /\ Hahahahaha.... too true.

Can't find the Burg comment to save myself, but someone recently quoted his father who said (paraphrasing here).

"Don't play the other man's game."

Posted by: Besoeker   2023-07-08 09:24  

#3  The bigger picture is this clearcut layman's translation of the Laws of Thermodynamics:

You can't win.
You can't break even.
You can't get out of the game...
Posted by: M. Murcek   2023-07-08 09:07  

#2  I believe Tesla cut prices at least twice this year in an attempt to boost sales. I guess it worked--for now.

It could have been fake news, but I thought I had read where after the "Biden" Administration announced federal tax credits for EV's, Ford raised prices by the amount of the tax credit.

And if you love to be under constant surveillance, then enjoy your EV and your part-time hustle to defray the maintenance costs.
Posted by: DooDahMan   2023-07-08 09:05  

#1  Average automobile ownership in the US is said to be about 8 years. So before you "break even" you're back in the hole again. Is this by design ?

What am I missing ?
Posted by: Besoeker   2023-07-08 08:57  

00:00