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Joined 1 year ago
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Cake day: February 2nd, 2025

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  • It’s completely fair that these vehicles are still out of your price range! It’s also valid that the vehicle you have now has a slightly higher usage cost than an EV. Right now the financials still don’t work for your use case, mostly because you need a truck so I get where you’re coming from. While the market matures, I’d expect we will eventually see more EV truck options at more reasonable prices and then the used market will also expand. I found an F150 lightning (discontinued) for $22K online. We’re not far from the reality where most people in the market to buy a car can afford the upfront price of an EV but we’re definitely not there yet. I will say that I have saved around $9k on gas alone in the almost 6 years of ownership of an EV sedan. However, my net cost is still over $30K without factoring in the low maintenance costs.




  • While I don’t know your use case or required vehicle type, there are many EV’s around $35K and tons on the used market for way less. There are tons of things to calculate but assuming a diesel vehicle is driven about 10K miles a year, you’ll spend around $2K/year on that, yea? Every year you own the vehicle you can deduct that from the purchase price to get the Net Present Value of the vehicle as home-charging rates are negligible at around maybe $100 a year. If you own it for 5 years, that vehicle could be considered to have cost you roughly $25K, net. 10 years would be $15K net. Then there’s the lower maintenance cost on EV’s to consider, as well. In the long term, EV’s aren’t as expensive as people think but you have to have the funds to cover the high purchase price at the start and plan to own the vehicle for a long time. As gas prices rise, these calculations only improve for EV’s and worsen for gas-powered vehicles. A helpful metric to use is that gas vehicles cost about $0.30/mile to run and EV’s, when charged at home, cost about $0.03/mile.