Karl Wittnebel via Mercedes <mercedes@okiebenz.com> writes: > They love their Bolts. They are on their second set of Bolts I think. Pay > the 250/mo lease and turn it in for a new one in a few years. No > maintenance and no fuel. Hard to get much cheaper driving than that in a > new vehicle.
So charging them is free somehow? Back of the envelope math, if I leased two Bolts that's $6,000 year, every year. Add to that the higher cost of registration and insurance on a new car, and the need to rent a conventional car anytime I need to go anywhere beyond the battery range. Compare to the older cars I normally buy, which would set me back maybe $8,000, once, and I can get some amount of that back when I sell them. They are cheap to register, cheap to insure. So after roughly a year, it seems to me that I'm money ahead not having lease payments. I don't spend anywhere close to $500/month in gasoline. Even including regular maintenance I don't spend that. What am I overlooking? Driving a "new car" doesn't provide any value for me, by itself. It's not a clear win to me, though it's subjective to some extent. Allan _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com