Hi,
I have the opportunity to buy a six year-old S-10 conversion for "dimes" on the dollar. I'm assuming the batteries will need to be replaced. My question is do these types of vehicles actually save any money in commute costs. I really like the idea of an EV (I have a 7650 W solar system on my home) and cutting out emissions. But when I run the calculations I just don't see any savings even when buying the vehicle at a greatly reduced price.
The truck has a 24 battery 144 volt system, a nine inch (not Warp9) motor, everything is included - it runs.
To replace the batteries with something similar will cost about $4,800, they will likely last about 25,000 miles (if I take care of them) - that gives a cost of 19 cents a mile over the expected life time (at zero interest)! Add in a little bit for the electricity and it is at least 21 cents a mile (and maybe 25 cents).
At $4 a gallon for gas in a 25 mpg car fuel costs are "only" 16 cents per mile.
Am I missing anything in how I should be thinking about this. (Please tell me I am as I really think the truck would be fun to have and tinker with!)
Thanks in advance.
John Harvey
I have the opportunity to buy a six year-old S-10 conversion for "dimes" on the dollar. I'm assuming the batteries will need to be replaced. My question is do these types of vehicles actually save any money in commute costs. I really like the idea of an EV (I have a 7650 W solar system on my home) and cutting out emissions. But when I run the calculations I just don't see any savings even when buying the vehicle at a greatly reduced price.
The truck has a 24 battery 144 volt system, a nine inch (not Warp9) motor, everything is included - it runs.
To replace the batteries with something similar will cost about $4,800, they will likely last about 25,000 miles (if I take care of them) - that gives a cost of 19 cents a mile over the expected life time (at zero interest)! Add in a little bit for the electricity and it is at least 21 cents a mile (and maybe 25 cents).
At $4 a gallon for gas in a 25 mpg car fuel costs are "only" 16 cents per mile.
Am I missing anything in how I should be thinking about this. (Please tell me I am as I really think the truck would be fun to have and tinker with!)
Thanks in advance.
John Harvey