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Captain Hybrid

Tesla's 'Affordable EV' Will Cost $35K

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rainmaking
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Gold
Re: Affordability
rainmaking   7/22/2014 5:29:41 PM
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Ok Charles, I understand. Just keep in mind the cost of energy difference improves your spending power on a monthly basis, and affects the amount you can pay for the vehicle. I just am sometimes leery of how people demand that to achieve acceptance an electric car must be more economical in every way than an IC car. Considering where the energy dollars are going I consider an electric car to be superior to an IC car before it even breaks even on a cash flow basis.

Charles Murray
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Blogger
Re: Affordability
Charles Murray   7/21/2014 5:59:25 PM
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No, rainmaking, I didn't compare the Chevy Cruze Eco to a Tesla. I merely said that I can't afford a $35,000 car. If I'm looking for an affordable car, I'm more likely to spend $19,900 for an efficient car, like the Eco, that I can afford. I can't afford a BMW either, but that doesn't mean the Eco is a better car.

imagineer1000
User Rank
Iron
Re: Affordable vs. average
imagineer1000   7/21/2014 1:48:36 PM
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Agree w/ Zippy.  Of course even "average" isn't "affordable" by the majority of people if you go by the rule of thumb you shouldn't spend over 20% of your annual income for a car.  Assuming a median household income of $51k that would only be $10k.  There aren't many (any w/ tax, license, and transportation charges?) cars you could buy new in that price range.  Clearly many people are not making economically rational decisions about what car they purchase (or at least half the population isn't buying new cars). 

That said I'll admit that any decision I make isn't necessarily driven entirely by economics.  I've worked out I could save at least $2200/yr over the next ten years in energy costs by going electric, but I also have a desire to be less dependent on our infrastructure - I think it is generally a bad idea to be too centralized - e.g.  dependent on a handful of refineries, or entirely dependent on PG&E - either of which are a prime target for terrorism and pretty vulnerable (potentially to even just human error or acts of nature) if you think about it.  Adding solar to cover the addition of an electric car (just barely) makes economic sense, but if enough people did it this would help decentralize critical infrastructure. 

And of course what will cinch my purchase is if the picture is indicative of what the production model looks like, it handles anywhere near as well as the Tesla S,  and I can get it in the color I want ;-)

Stuart21
User Rank
Silver
Cost down, performance up.
Stuart21   7/21/2014 12:50:43 PM
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If anyone knows that Musk guy, tell him I can help him to get price to below 30,000, which is his prev stated target, with an increase in performance and also packaging efficiency. 

& reduced friction!

 

 

rainmaking
User Rank
Gold
Affordability
rainmaking   7/21/2014 12:14:00 PM
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<p>Really Charles? You're going to compare a new Tesla model to a Chevy Cruze? Considering a $26k Camry is way more common than a Chevy Cruze, I would say people aren't buying them for some reason and if you are looking for absolutely the cheapest 4-wheel transportation then that is a different market segment. Also, cost of ownership of that Cruze is probably pretty high in the long run if you want to keep it working.</p>
<p>The gas savings are real. I have a model S and I average about 315 W-hr/mi. Let's say that's about 400 with the parked energy and charging and battery inefficiencies. At my $0.10/kWh that's $0.04/mi in energy cost. It was $0.17/mi in my last vehicle, a RX450H.</p>
<p>That said, I prefer to spend that gap in energy cost, 13 cents per mile, on American engineers, technicians, etc. rather than a select few resource owners that in many cases are somehow involved in a lot of world turmoil and oppression.</p>

Battar
User Rank
Platinum
Price? What price head transplant?
Battar   7/21/2014 9:46:54 AM
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I can just imagine those gull wing doors catching me under the chin and taking my head off.  There is a reason that manufacturers have not incorporated them in family saloons.

Zippy
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Platinum
Affordable vs. average
Zippy   7/21/2014 8:38:45 AM
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The Tesla's price gets a lot of comments because "affordable" doesn't mean "average."  The average purchase price for a car in the US today is about $32,000, so the Tesla's $35,000 price tag isn't way off that figure, and it is about half the price of a Model S, so it is certainly more affordable on that scale.  The median US income is about $51,000.  Both the car price and the income figure are the averages of a really wide range of prices and incomes, so averages can be misleading.  To add to the confusion, the average mileage in the US is only about 13,000 miles/year, but the fuel cost discussions here talk about 50 mile commutes and 30-50,000 mile/year averages.  If "affordable" is shorthand for "low total cost of ownership," individual circumstances can throw the discussion any way you want.

 

If the Tesla lives up to the quality of the Model S, I think it will do very well, but it won't be the 21st-century Model T for everyman.

 

What they say is true - "Your mileage may vary."    :)

far911
User Rank
Silver
Re: Affordable?
far911   7/20/2014 12:24:41 AM
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Price is very much affordable at 19000 $ but any idea about the performance Chevy Cruze eco.

far911
User Rank
Silver
Re: Affordable?
far911   7/20/2014 12:22:19 AM
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Yes the price seems 2 b high for any consumer considering the vehicle.Competing with BMW i3 series doesnt make price worth so far as long as the results of the 2017 model are ot known.

patb2009
User Rank
Gold
Re: Affordable?
patb2009   7/19/2014 5:04:00 PM
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I think it depends upon your commute.  if you have a 50 mile one way commute.

so figure 600 miles/week and while the car may get 36 MPG EPA figure you really get 30 MPG, so you burn 20 gallons/week  or pretty close to 1000 gallons/year.

 

Maybe a bit more if you take long weekend trips.

 

Right now gas is about $3.50, but we will use $4/gallon  So figure you are spending $4000  per year.  Add in maintenance (Oil, fluids, etc ) 

if you are putting in 30,000 miles/year,  your run costs aren't the 10 cents in gas, it's also

fluids, maintenance, etc.  

But in 5 years you burn some 20K in gas,  that's a $35K car plus maintenance.

An EV is low maintenance, not  a lot to fix. So that really helps out a lot.

 

 

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