smkettner said:
FIVE years is the life of a car??? I am thinking 15 to 20 years is the life of a vehicle.
Usually there is lots of life left when I sell a vehicle in 10 to 15 years.
In figuring out if the LEAF makes financial sense or not, I assume that it will depreciate to zero when it hits 100,000 miles on the basis batteries will be to costly to replace. Any residual car value will be cancelled by the hazardous waste disposal fee for the now worn out batteries.
10-15 years lifespan for a car? Yeah for an ICE.
The LEAF is brand new technology that will become obsolete as fast as you can spell it.
My financial estimates can be found at
http://jpwhitenissanleaf.com/2011/03/28/nissan-leaf-scrunching-the-numbers/
BTW My initial actual cost figures are within 1% of my estimates. Seems like my estimates were very close to reality, thanks to very accurate EPA data on the LEAF. I'll post an article/findings once I get to 1,000 miles which should be a good enough data sample. I'm only at 300 right now. Early/Mid September I should hit that landmark.