I'll tell you something. I'm sure enjoying having that extra $60k in my bank account that I saved by not buying a horribly overpriced depreciating asset.
I'll tell you something. I'm sure enjoying having that extra $60k in my bank account that I saved by not buying a horribly overpriced depreciating asset.
And you're quite off on the price of a Model 3. I think you're confusing it for the Model S.
Also, a new model 3 is 40k, and Teslas depreciate a lot less than a Nissan. But I do agree that buying brand new is generally a bad idea imo
Replacing an oxygen sensor – $249 - Teslas don't have these
Replacing a catalytic converter – $1,153 - Teslas don't have these
Replacing ignition coil(s) and spark plug(s) – $390 - Teslas don't have these
Tightening or replacing a fuel cap – $15 - Teslas have a charging port cover, and it breaks
Thermostat replacement – $210 - Teslas don't have these (in engines)
Replacing ignition coil(s) – $236 - Teslas don't have these
Mass air flow sensor replacement – $382 - Teslas don't have these
Replacing spark plug wire(s) and spark plug(s) – $331 - Teslas don't have these
Replacing evaporative emissions (EVAP) purge control valve – $168 - Teslas don't have these
Replacing evaporate emissions (EVAP) purging solenoid – $184 - Teslas don't have these
For 2005 Malibu:
Oxygen sensors: one is $19, still running on originals.
Catalytic Converters: one side Carb Compliant $319, still running on originals
Spark plugs: Iridium NGK 6*$5, took me 1 hour to replace
Thermostat: $4 + $3 shipping, 15 minutes to replace
Mass air flow sensor: still original $62
Prices from RockAuto.
Secondly, it's not just the pure monetary value. We have four cars in a family of six, and despite my brother being good with the wrench, ICE manufacturers have made it incredibly time consuming and difficult to do even the most basic maintenance work outside of maybe oil changes and brake pads. HUGE dealership service costs are practically unavoidable with modern ICE cars despite improvements in reliability to previous eras. The peace of mind and reliability gained from having fewer mechanical problems is invaluable. I'm gladly willing to pay MORE for electric cars in their current state to not have to deal with dealerships and mechanics. They're only going to get better.
Thirdly, I've been in the market for a new car for the past year. Driving assistance on motorways and London like traffic where you spend hours daily are a huge help. Virtually every viable option right now is a baby compared to Tesla's autopilot. Although this could be improved upon, I have no trust in ICE manufacturers to make any meaningful strides to catch up anytime soon. They're still figuring out android auto (which is a must because their proprietary tech is equivalent to a kick in the balls). The new kid on the block is just doing it better.
Lastly, a decade-ish old company/tech here warrants serious discussion in its CURRENT state compared to giants that are decades old, and they have no answer so far. ICE Vs electric is a forgone conclusion at this point, but I wish other manufacturers catch up to the trend sooner rather than later because that's ultimately better for us consumers. I'm not a fan of Tesla's Apple like views on product ownership in regards to repairs etc. But sadly, their current offering is far better than competition so we have no choice.
Car buying is a LOT of signalling. There is a reason for the stereotypes surrounding people who buy those types of cars.
Did you not read the article?
Also: https://twitter.com/thirdrowtesla/status/1236678690462765057
The people interested in buying a BMW are not going to be swayed by "cost effectiveness" arguments.