Author Topic: The economics of driving seven Teslas for 2.5 million miles  (Read 3311 times)

ergophobe

  • Inner Core
  • Hero Member
  • *
  • Posts: 9292
    • View Profile
The economics of driving seven Teslas for 2.5 million miles
« on: November 13, 2019, 10:47:31 PM »
https://qz.com/1737145/the-economics-of-driving-seven-teslas-for-2-5-million-miles

TL;DR - they're cheaper. The batteries lose charge - range drops from 260 miles to 200 miles by the 300,000 mile mark

rcjordan

  • I'm consulting the authorities on the subject
  • Global Moderator
  • Hero Member
  • *****
  • Posts: 16342
  • Debbie says...
    • View Profile
Re: The economics of driving seven Teslas for 2.5 million miles
« Reply #1 on: November 13, 2019, 10:56:55 PM »
I might buy Louise a Model 3 or whatever model follows that once they get auto-pilot.

rcjordan

  • I'm consulting the authorities on the subject
  • Global Moderator
  • Hero Member
  • *****
  • Posts: 16342
  • Debbie says...
    • View Profile
Re: The economics of driving seven Teslas for 2.5 million miles
« Reply #2 on: November 13, 2019, 11:09:54 PM »
<added>
"Tesloop’s Model 3 fleet will see total costs (which includes depreciation, or how much value the car loses before its sold) fall as low as $0.18 to $0.25 per mile after driving past 500,000 miles. That’s less than premium brands such as Mercedes, and even lower than the $0.32 to $0.35 for standard sedans."

Bwwwwaahhahaha!  I shoot for $0.10 per mile.  I used to get it with the large majority of my cars. Currently, I'm at about $0.12 on Louise's Honda, approx $0.15 on my 2015 Grand Caravan, and close to $0.10 on my beater 2010 Grand Caravan.

The BEST one I've had was a Ford Tempo my kids drove. When it fell below $0.05, I quit tracking.
« Last Edit: November 13, 2019, 11:11:45 PM by rcjordan »

ergophobe

  • Inner Core
  • Hero Member
  • *
  • Posts: 9292
    • View Profile
Re: The economics of driving seven Teslas for 2.5 million miles
« Reply #3 on: November 14, 2019, 05:25:53 PM »
I suspect your cost on a Tesla would also be lower. Once you drive old wrecks like mine, you don't bother fixing dents and scratches and minor issues. I suspect you're the same.

rcjordan

  • I'm consulting the authorities on the subject
  • Global Moderator
  • Hero Member
  • *****
  • Posts: 16342
  • Debbie says...
    • View Profile
Re: The economics of driving seven Teslas for 2.5 million miles
« Reply #4 on: November 14, 2019, 07:20:58 PM »
>you don't bother fixing dents and scratches

IIRC, I pocketed $1.6k from the last fender-bender (wasn't my fault).  I popped out the crushed plastic shroud within an hour. Took about 20 minutes if you knew how.  Not a bad rate of pay.

Travoli

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 1208
    • View Profile
Re: The economics of driving seven Teslas for 2.5 million miles
« Reply #5 on: November 15, 2019, 08:43:11 PM »
This thread got me curious.

Cost of current vehicle/miles driven = $.08/mile
Gallons of fuel consumed = ~17,800
More spent on fuel than vehicle
Estimated time spent driving = 5,555 hours (at 45mph avg)

rcjordan

  • I'm consulting the authorities on the subject
  • Global Moderator
  • Hero Member
  • *****
  • Posts: 16342
  • Debbie says...
    • View Profile
Re: The economics of driving seven Teslas for 2.5 million miles
« Reply #6 on: November 15, 2019, 09:12:49 PM »
My per mile calc does not include fuel & tires. It does include major maintenance.  So, when assessing a car for purchase, I take the delivered price and multiply it by 10.  That's how many miles I'm expecting out of it. 

ergophobe

  • Inner Core
  • Hero Member
  • *
  • Posts: 9292
    • View Profile
Re: The economics of driving seven Teslas for 2.5 million miles
« Reply #7 on: November 16, 2019, 03:11:32 AM »
>>does not include fuel & tires

That's significant. My Subaru EATS tires. It's partly the model, partly driving slightly too fast on windy roads and partly the annoying fact that you must replace all four tires if you have more than 1/32 of wear and, in winter, we need to have at least 7/32 of tread.

All that means that, as a rough estimate, we have spent $0.2 - $0.3/mile on that car just in tires.

Also keep in mind that the fleet numbers include insurance, depreciation and all sorts of things like that.