dm33 said:
It's easy to forget how expensive gas is, and oil changes every 3 months. Electricity at least in my area is so much cheaper it's almost like driving for free.
Although it seems "free", it is just a whole lot less.
In my case about 3 cents per mile for electricity and zero other O&M cost to date, versus 15 cents per mile for my 2009 Altima for gasoline and oil changes and also zero other O&M cost to date.
So driving the LEAF is about 20% of the variable O&M cost of a somewhat similar size ICE vehicle.
Around 17,000 miles on 2011 LEAF and 24,000 miles on 2009 4 cylinder Altima.
But you have to keep in mind, that if the LEAF battery is at an unacceptable capacity at 60,000 miles or a few more, that the O&M savings will have only been 60,000 miles times 12 cents per mile = $7,200. Not a huge amount of savings if the battery is Dead on Arrival at 6 years and a bit more than 60,000 miles and if the battery costs a more realistic $400 to $500 per kWh ($9,600 to $12,000) for the LEAF.
Then the LEAF Total Cost of Ownership looks truly pathetic.
And I only paid $34,000 for it, but fortunately the Federal and State government subsidized around $12,000 of my having this great experience.
Of course Nissan is offering to let me keep driving for $100 per month with a new battery.
But with my low <7,000 miles per year, that will be over 17 cents per mile just to rent the battery that they stole. :lol: :lol: :lol: :lol:
Yes, I love driving electric. I may be crazy enough to keep doing it the rest of my life.
But at low miles per year, it is a truly stupid total cost of ownership decision, at least from where Nissan stands right now.
There will be some value remaining in the disposable slightly greater than five years old slightly more than 60,000 mile 2011 LEAF. Pretty good vehicle in a short commute retirement community, a lot better than the limited distance limited speed retirement community vehicles currently on the market.
But doubtful the market will say it is worth more than $5,000.
Not quite as disposable as a rechargeable electric shaver, but kind of in that same ball park.