Topic: Jaguar I Pace

[Ex-airbalancer]

Not sure why everyone is trying to make a financial justification of owning an EV? Neighbor at the cottage showed up last week end in a brand new top of the line Corvette. Could he get there in a $20K Corolla? Yep. That's his money he can spend it the way he wants. Is the Corvette more fun to drive than a Corolla? On a track yes, but in traffic with photo radar, cops, etc. I'm not so sure. But anyway..

Same for Tesla buyers, if they wanted basic transportation they would not buy a Tesla. They like the idea? They can afford it? Good to them! Let them enjoy.

BTW with all the doom and gloom said about Tesla in the last 5 years or so they are still around and looking at the price of used Tesla's on their CPO site and on Craig's list and Auto Trader, it looks like they retain their value much better than any other luxury car.

Add depreciation in the above calculation and the Tesla looks even better.

All of SE comments are about  financial justification of owning an EV.

[Guy]

I know... I fell into the trap too! 

[rrocket]

All of SE comments are about  financial justification of owning an EV.

This. All the gas he's going to save.

[bye]

you are writing about a $100,000 car , I am not sure if I can afford a $20,000 car 
I think everyone thinks EV are the future once the price is in the range for 99% of the population

I bought a Smart Electric, a $19K car.   Costs me almost nothing to commute in terms of fuel, maintenance.   This savings goes to paying for the Tesla.

Examples , two driveways:

1a.  Smart ED $19K.  Total fuel cost for 10 years = $1300K for 50000 km (100% charged in garage)
1b.  Tesla S.  $100K.  Total fuel cost for 10 years = $4K for 200000 km (40% of which is paid for by Tesla supercharging, other 60% is charging in the garage)
Total = ~$124K


2a.   Toyota Corolla.  $28K.   Total fuel cost for 10 years = $4000K for 50000 km
2a.   Ford Edge.  $45K.   Total fuel cost for 10 years = $27000K for 200000 km
Total = ~$104K


The difference of $20K over the life of these cars is $200/mo, that's not very much when considering the value of driving 100% electric in terms of convenience (no gas station stops, pre-heating car in winter, etc) and ultra low emissions.

Of course, the Tesla is holding it's value well as noted above, so the resale after 10 years might net $10K more than the Edge, so perhaps it's only $100/mo difference.
We haven't paid for cable/satellite for >10 years, so compared to most families, we're saving $100/mo on that ... so maybe there is no difference in household budgets between option 1 & 2 ... just a thought.

[Fobroader]

Your Tesla is not a feasible option to I would say about 80% of the population due to price and the lack of charging infrastructure outside of major urban centers. The Smart is not a feasible option due to the fact its the size of a golf cart, you would still need a real car for shopping or going places with people, its uglier than a land mine wound and the lack of charging infrastructure outside of major urban centers. Would I want a Tesla....sure, if I was a single wealthy guy in LA trying to pickup hippie chicks and it was the 8th or 10th car in the stable....here, now....nope.

[Ex-airbalancer]

Cannot not fit equipment in a smart car or Tesla , and cannot do a 900 km trip in a day
So it cannot work for me

[CanuckS2K]

you are writing about a $100,000 car , I am not sure if I can afford a $20,000 car 
I think everyone thinks EV are the future once the price is in the range for 99% of the population

I bought a Smart Electric, a $19K car.   Costs me almost nothing to commute in terms of fuel, maintenance.   This savings goes to paying for the Tesla.

Examples , two driveways:

1a.  Smart ED $19K.  Total fuel cost for 10 years = $1300K for 50000 km (100% charged in garage)
1b.  Tesla S.  $100K.  Total fuel cost for 10 years = $4K for 200000 km (40% of which is paid for by Tesla supercharging, other 60% is charging in the garage)
Total = ~$124K


2a.   Toyota Corolla.  $28K.   Total fuel cost for 10 years = $4000K for 50000 km
2a.   Ford Edge.  $45K.   Total fuel cost for 10 years = $27000K for 200000 km
Total = ~$104K


The difference of $20K over the life of these cars is $200/mo, that's not very much when considering the value of driving 100% electric in terms of convenience (no gas station stops, pre-heating car in winter, etc) and ultra low emissions.

Of course, the Tesla is holding it's value well as noted above, so the resale after 10 years might net $10K more than the Edge, so perhaps it's only $100/mo difference.
We haven't paid for cable/satellite for >10 years, so compared to most families, we're saving $100/mo on that ... so maybe there is no difference in household budgets between option 1 & 2 ... just a thought.

Seriously?  You consider the no gas station stops a convenience when you have to stop more often to plug your Tesla in?  How long does it take to fill a car with fuel?  5 mins, tops?  How long does it take you to charge your Tesla?  20 mins?  So you have to charge it more often and it takes about 4 times longer when you do.  Yeah, sounds more convenient to me.   

Edit, just read that it takes up to 75 mins to charge to 100% at a supercharger.   Yeah, that's real convenient. 

[evil_twin]

you are writing about a $100,000 car , I am not sure if I can afford a $20,000 car 
I think everyone thinks EV are the future once the price is in the range for 99% of the population

I bought a Smart Electric, a $19K car.   Costs me almost nothing to commute in terms of fuel, maintenance.   This savings goes to paying for the Tesla.

Examples , two driveways:

1a.  Smart ED $19K.  Total fuel cost for 10 years = $1300K for 50000 km (100% charged in garage)
1b.  Tesla S.  $100K.  Total fuel cost for 10 years = $4K for 200000 km (40% of which is paid for by Tesla supercharging, other 60% is charging in the garage)
Total = ~$124K


2a.   Toyota Corolla.  $28K.   Total fuel cost for 10 years = $4000K for 50000 km
2a.   Ford Edge.  $45K.   Total fuel cost for 10 years = $27000K for 200000 km
Total = ~$104K


The difference of $20K over the life of these cars is $200/mo, that's not very much when considering the value of driving 100% electric in terms of convenience (no gas station stops, pre-heating car in winter, etc) and ultra low emissions.

Of course, the Tesla is holding it's value well as noted above, so the resale after 10 years might net $10K more than the Edge, so perhaps it's only $100/mo difference.
We haven't paid for cable/satellite for >10 years, so compared to most families, we're saving $100/mo on that ... so maybe there is no difference in household budgets between option 1 & 2 ... just a thought.

Your math ignores the differences in when the money is due (almost $50k more due upfront for Option 1).   That's a big deal when analyzing a 10 yr long window.   

And WTF does cutting the cable have to do with your car costs?   Irrelevant argument.

Tesla's are expensive.   You don't buy it to save money.

[tpl]

With all the oil Canada has available in the ground why bother with electric cars...until the charging time is the same as using a gas pump.    Now I DO see a case for electric power for local delivery trucks, city buses and most taxis.   Vehicles that can be operated with a fixed base and times for charging.

[ChaosphereIX]

With all the oil Canada has available in the ground why bother with electric cars...until the charging time is the same as using a gas pump.    Now I DO see a case for electric power for local delivery trucks, city buses and most taxis.   Vehicles that can be operated with a fixed base and times for charging.

because environment? Because the switch has to happen at some point, and the companies need sales etc. to spur on development of those better charging systems and batteries etc. They have no incentive to do so if nobody is buying the vehicles in the first place.

Most don't do inter-city driving every day, and if they do yeah an EV is not for them really. But for most of us that commute within one city for work, and EV is perfect. Charge when you get home overnight, never have range anxiety. When the big trip comes, rent and never worry about putting on the miles in the EV - helps with resale time too. That is at least my thinking. Have the EV for commuting - you don't need anything more. Have the fun V8 etc. for the weekends.

And yes city transport vehicles like you mentioned should be electric too, great idea.

[Allen]

With all the oil Canada has available in the ground why bother with electric cars...until the charging time is the same as using a gas pump.   

Agree 100%

[bye]

Your math ignores the differences in when the money is due (almost $50k more due upfront for Option 1).   That's a big deal when analyzing a 10 yr long window.

Borrowing $50K at 2% (Tesla has this loan rate) is $3K over 6 years.   Pretty much a drop in the bucket compared to $120K worth of cars, but OK, included now.

[bye]

How long does it take to fill a car with fuel?  5 mins, tops?  How long does it take you to charge your Tesla?  20 mins?

It takes less than 5 seconds to plug in, I just did it a few minutes ago as I walked past the car to close the garage door, I think it took 2 seconds to close the garage door as well as a relative comparison.

EV's charge overnight.   The Tesla and Smart are plugged in right now and will charge on cheap overnight electricity here in Ontario.

The convenience of plugging in compared to stopping to fuel up a car is a tremendous benefit of EV ownership and something you need to understand as it's a different way of looking at things, but it's not wrong, it's just different, and better!

[bye]

130k-150k expenditure to save 15k in gas? hahahah

      <-- me laughing all the way to the bank with my driveway containing a Tesla which I can easily afford because the math is clear, the ownership is nearly identical in long term costs as I posted above

[Ex-airbalancer]

130k-150k expenditure to save 15k in gas? hahahah

      <-- me laughing all the way to the bank with my driveway containing a Tesla which I can easily afford because the math is clear, the ownership is nearly identical in long term costs as I posted above

Your Tesla was more than my house

[bye]

Your Tesla was more than my house

That means the average selling price of houses in the city I live in (Toronto) are worth 6x what your house is ... and many (half) have two cars who's combined lifetime cost is >>$100K for acquisition and fuel.   A vast number of these people can afford an EV (or two).

[bye]

The Smart is not a feasible option 

 

So you claim.   But yet, the Smart ED gets fantastic reviews from folks you'd never expect to like it.   See this thread for examples of people who freaking hate EV's and all they stand for, but still like the Smart ED and it's fun to drive dynamic:

https://www.autos.ca/forum/index.php?topic=97572.msg1258805#msg1258805

[CanuckS2K]

How long does it take to fill a car with fuel?  5 mins, tops?  How long does it take you to charge your Tesla?  20 mins?

It takes less than 5 seconds to plug in, I just did it a few minutes ago as I walked past the car to close the garage door, I think it took 2 seconds to close the garage door as well as a relative comparison.

EV's charge overnight.   The Tesla and Smart are plugged in right now and will charge on cheap overnight electricity here in Ontario.

The convenience of plugging in compared to stopping to fuel up a car is a tremendous benefit of EV ownership and something you need to understand as it's a different way of looking at things, but it's not wrong, it's just different, and better!

I'm talking about going any amount of distance.  All that convenience you speak of is absolutely gone if you ever go on a trip.   Fack sake man you are the biggest fanboi of any brand I've ever seen.  The blinders you have on are both laughable and pathetic. 

I'm glad that you're extremely happy with your Tesla, but FFS realize that an EV is not suitable for everyone.  And Tesla, at the current price point is not financially attainable for the vast majority of families out there. 

[Fobroader]

Its not a matter of it being a EV....its the fact its a glorified golf cart.

Sent from my SM-T377W using Tapatalk

[bye]

I'm talking about going any amount of distance.  All that convenience you speak of is absolutely gone if you ever go on a trip. 

You mean like the 1200 km trip we did last year, or the 1200 km trip we did the previous year, or the 100+ trips we've done that average 400 km?   Ontario has a fantastic charging network, and Tesla is expanding it in 2017/8 to be even better.   It's truly convenient and preferential to travel every morning starting with 400 km "in the tank" as it were, which is what we do every single day.