California
Super Star Member
- Joined
- Jan 22, 2004
- Messages
- 14,979
- Location
- An hour north of San Francisco
- Tractor
- Yanmar YM240 Yanmar YM186D
I agree, everyone's circumstance will be different. It looks to me that Bolt is the first EV where total life cycle cost may be competitive with ICE. As you note each individual has to appraise what works for their own circumstances.Thread title says practical. ICE is cheaper, so only an individual can make their own choice about how much less practicality they want to afford.
I tend to use a car for a dozen years or more. I paid cash for my present ones bought new in 1999 and 2005. It may take such a long payout to break even compared to ICE total cost of ownership, but at least for me it looks like it might be an even comparison.
In contrast early depreciation would kill anyone who leases or trades in for new every three years.
Don't underestimate the contribution of far lower operating and maintenance expense, in reducing total lifetime cost of ownership.
Another advantage that is strictly personal is the gas station with substantially lower prices near me, (53 cents/gallon less than one at a nearby freeway offramp) is so busy you often need to compete with idiots who cut in line, and then fight off the homeless crazies who want to wash the windshield. Final straw was their aisle payment terminals recently quit accepting cash, you have to go inside and wait in line at the counter before pumping. My wife is afraid every time she goes there. Charging at home and never going to that gas station again would improve the quality of our lives. As you noted, everyone's individual circumstances will lead them to their own choice. In some cases a strict dollar comparison doesn't tell the whole story.