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re: Leasing EV is $5,000-$7,500 cheaper per year than "comparable" gas vehicles

Posted on 11/20/23 at 1:53 pm to
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
27244 posts
Posted on 11/20/23 at 1:53 pm to
quote:

All anyone needs to know about EVs and Hybrids is what their owners say about them and the cult like devotion they have for them. Misery LOVES company and they want everybody to be paying way too much for new technology the same way computer geeks were in the 1990s.


I can't speak to EV owners, but as a hybrid owner, I couldn't care less what anyone else drives, but my hybrid is fricking awesome

Fast off the line, smooth acceleration, smooth cruising up to 90mph (likely higher, just never driven it faster), 45mpg average (rated at 48/48. 45mpg+ over the life of a tank of gas is what I've gotten on every fill up, ever), over 500 miles per tank of regular unleaded gas.

If something breaks, I'll let you know what it costs to fix it. Beyond that, there's literally nothing not to like.
This post was edited on 11/20/23 at 1:57 pm
Posted by SlimTigerSlap
Member since Apr 2022
4313 posts
Posted on 11/20/23 at 1:55 pm to
quote:

But what’s the point?

It doesn’t save the planet. So why get a tax credit?

Again if these cars were so great, let the market decide.

How do tax credits hurt you?
Posted by AndyCBR
Baton Rouge, LA
Member since Nov 2012
7567 posts
Posted on 11/20/23 at 1:55 pm to
quote:


Does that cover the pine tree sap and red dirt stains?



WTF are you babbling about?

EV's are more expensive to insure, they cost more to begin with, are totaled easily, and have limited collision parts availability.
Posted by Corinthians420
Iowa
Member since Jun 2022
6901 posts
Posted on 11/20/23 at 1:56 pm to
quote:

It doesn’t save the planet. So why get a tax credit?

You say that as if ICE vehicles have never been given tax credits

Posted by shel311
McKinney, Texas
Member since Aug 2004
111202 posts
Posted on 11/20/23 at 2:59 pm to
quote:

All anyone needs to know about EVs and Hybrids is what their owners say about them
Their owners love them.

That didn't hit like you thought it would.
Posted by shel311
McKinney, Texas
Member since Aug 2004
111202 posts
Posted on 11/20/23 at 3:03 pm to
quote:

You’ll own nothing and you’ll like it.

Except for the cars we're talking about that you have to pay for?
Posted by billjamin
Houston
Member since Jun 2019
12704 posts
Posted on 11/20/23 at 3:05 pm to
quote:

EV's are more expensive to insure

Our insurance went down when my wife went from her 17 IS350 to her Model 3.

Posted by shel311
McKinney, Texas
Member since Aug 2004
111202 posts
Posted on 11/20/23 at 3:09 pm to
quote:

Our insurance went down when my wife went from her 17 IS350 to her Model 3.

I've been trying the new Tesla insurance for a while that is tied to your safety score with driving the car.

When I drive more, safety score is high and insurance is cheaper than if we used our regular carrier that we have for our Grand Cherokee.

But when wife drives it more, safety score is lower, and we pay a good bit more.
Posted by billjamin
Houston
Member since Jun 2019
12704 posts
Posted on 11/20/23 at 3:24 pm to
quote:

I've been trying the new Tesla insurance for a while that is tied to your safety score with driving the car.

We'd be so fricked if I had a safety score based rate.
Posted by shel311
McKinney, Texas
Member since Aug 2004
111202 posts
Posted on 11/20/23 at 3:31 pm to
quote:

We'd be so fricked if I had a safety score based rate.

I guess to be fair to my wife I work from home and she does not, which means most of her driving is without the kids, and I do most of my driving with the kids.

So she has a bit more freedom than I do to open it up here and there, and apparently, takes advantage of that freedom.
Posted by captron
Occupied Sillycon Valley
Member since Jul 2018
408 posts
Posted on 11/20/23 at 3:51 pm to
quote:

6 years


Your sarcasm meter needs calibrated.
Posted by fareplay
Member since Nov 2012
4955 posts
Posted on 11/20/23 at 4:42 pm to
You’re talking out your arse. Show us your 3 car insurance under 800 liar
Posted by i am dan
NC
Member since Aug 2011
24884 posts
Posted on 11/20/23 at 5:38 pm to
What are the gas powered counterparts?

Austin Martin's? They use the most expensive cars they could find for the comparison?
This post was edited on 11/20/23 at 5:39 pm
Posted by billjamin
Houston
Member since Jun 2019
12704 posts
Posted on 11/20/23 at 6:02 pm to
It’s a little more complicated than just the vehicle comparison. The EV incentives make capital raising for lease fund attractive because big banks hate paying taxes and love IRS backed incentives. There’s a big cost of capital advantage that wouldn’t be as noticeable in lower interest environments.
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