Here comes the electric pickup

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Originally Posted by boosten lebaron

Sounded like you were ok with a $75k rivian but $80k fur a gravity is 50% too much than your willing to spend? Where exactly do you want to be?

You didn't look too hard. Without even trying this one would be about $70k with rebates and such. Trade in a car and you could be in the 60s with added rebates. They would deliver it your driveway today and you wouldn't pay to charge it for years at some superchargers. That's free gas for years, when have you even been given free gas? I spent over $5k on gas last year just myself, never mind the wife. Probably close to $8k overall. Now I just put gas in the motorcycles, the rest is free supercharging. For me, that $80k vehicle would be almost free in 6 years if I really push the numbers.
Still expensive yes but when you start really looking at these expensive evs they aren't too expensive in the long run. Leasing changes the dynamic even more. More rebates and no depreciation hit if you want to avoid that aspect. Personally I wouldn't lease but it seems to be a lot of people's choice these days.

https://lucidmotors.com/inventory-ve...0d9ca9ea49671e

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For the first time ever, my wife and I are in leases. We're not fans.

We did it because this was our first try at PHEVs and there were additional incentives to lease, we weren't sure if we'd like them and more importantly, we weren't sure where battery technology and standards were going.

Her lease is up in a few months, but we think we're turning hers in and she's taking mine over.

I'll buy my next vehicle... that's one thing that worries me about buying a Rivian or any EV for that matter. Where will they be beyond 5 years. I typically keep my vehicles for 10+ years.

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Originally Posted by LuvDog

I typically keep my vehicles for 10+ years.

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Those days are pretty much gone, unless you like spending a fortune to keep something going.

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Originally Posted by e30addict

Those days are pretty much gone, unless you like spending a fortune to keep something going.

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I think it's still possible. but definitely harder since you can't really do much maintenance yourself anymore.

But if you aren't going to keep a car for more than 5 years, then leasing does make more sense, but I just can't get my head around leasing a car forever. I'd rather pay off a loan in 5 years or less and then not have car payments for about a decade.

3 more payments left on my 2020 tundra. Only at 37,000 miles. Planning to keep for a long while.

2020 GMC Sierra bout 2 years ago for $28K, gets 20MPG

Rivian at $75k, basically a $50k differential

$50,000 at $5 per gallon is 10,000 gallons

Assuming charging is free or offset by maintenance costs of ICE

10,000 gallons at 20 mpg = 200,000 mile payback.

I drive about 20 per year, so 10 year payback.

I'm 66

It don't math

Apples and oranges. Assuming charging is free is wrong. Gotta have numbers to math.

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Originally Posted by SteveM

2020 GMC Sierra bout 2 years ago for $28K, gets 20MPG

Rivian at $75k, basically a $50k differential

$50,000 at $5 per gallon is 10,000 gallons

Assuming charging is free or offset by maintenance costs of ICE

10,000 gallons at 20 mpg = 200,000 mile payback.

I drive about 20 per year, so 10 year payback.

I'm 66

It don't math

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Now run the numbers with an equally old rivian or equally new Sierra. Compare like model years at least.

And rivian doesn't offer free supercharging. I believe lucid is the only one left that does on new vehicles. You can haggle the term length but you do get it. Older Tesla's have it but not new ones as far as I know. I think you get a couple months free when you buy it as a perk?

Let's be real. EV's are still very much an emotional purchase for a lot of people. Kinda like diesel pickups ;)

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Originally Posted by SteveM

2020 GMC Sierra bout 2 years ago for $28K, gets 20MPG

Rivian at $75k, basically a $50k differential

$50,000 at $5 per gallon is 10,000 gallons

Assuming charging is free or offset by maintenance costs of ICE

10,000 gallons at 20 mpg = 200,000 mile payback.

I drive about 20 per year, so 10 year payback.

I'm 66

It don't math

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similar math
2016 Nissan Frontier paid $13k couple years ago, gets 16mpg
I only drove 1100 miles last year, even if I drive 2500 miles a year, that',s a lot of years

I'm 73

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Originally Posted by boosten lebaron

Now run the numbers with an equally old rivian or equally new Sierra. Compare like model years at least.

And rivian doesn't offer free supercharging. I believe lucid is the only one left that does on new vehicles. You can haggle the term length but you do get it. Older Tesla's have it but not new ones as far as I know. I think you get a couple months free when you buy it as a perk?

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ideas on MPKwh to MPG conversion ?

For now, my charging at work is free. That's assuming I stay at my current job

I'd say I was lucky to get 17MPG in my last truck, but that's what it said it would get combined.
My weekly commute is 300+ miles

If we say $4 per gallon

$4 x (300 Mile Commute / 17 MPG) x 50 weeks a year (take 2 weeks of vacation) = ~$3500 and if I got more lke 15mpg then it would be $4000 per year in gas alone. Let's assume no other maintenance

So in 5 years, that's about a $20,000 offset on the price of a ICE vehicle.

So the Rivian is still more than $20k over some new trucks. $ for $ it's still not in favor of the EV here.

And that's also assuming gas prices stay at $4. If/when they go down then the economics go even further the wrong way for an EV.

But I'm still going to go look at one this weekend.

Used evs make a lot more sense than new. Since many have 12 or 18.month lease terms you can effectively get a one year old ev that isn't a repo for a massive discount.
My biggest plus to EV is it insulated me from the gas madness going on now. And it's actually worth more now than it was when I bought it two months ago. I like the fact I never have to go to a gas station with it. If it wasn't for this thread I wouldnt even know what gas prices were for the most part.
It's the same argument for going solar. Natural gas is cheap, electric is cheap etc until it isn't. It's hedging your bets to a degree. So e do it to save the planet, some do it to lower costs and others, like me, did it because I don't want to deal with any power wars that effect my cost of living.
And if figured in every twinkie I get when I fill up at a gas station my savings are even more. Cause I'm buying that twinkie if I'm there.

I don't work, nearest charging is 8 miles, same place as I shop every other week, I combine trips

If I ever were to get an EV, I would probably get a solar tracking tower or two

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Originally Posted by boosten lebaron

Used evs make a lot more sense than new. Since many have 12 or 18.month lease terms you can effectively get a one year old ev that isn't a repo for a massive discount.
My biggest plus to EV is it insulated me from the gas madness going on now. And it's actually worth more now than it was when I bought it two months ago. I like the fact I never have to go to a gas station with it. If it wasn't for this thread I wouldnt even know what gas prices were for the most part.
It's the same argument for going solar. Natural gas is cheap, electric is cheap etc until it isn't. It's hedging your bets to a degree. So e do it to save the planet, some do it to lower costs and others, like me, did it because I don't want to deal with any power wars that effect my cost of living.
And if figured in every twinkie I get when I fill up at a gas station my savings are even more. Cause I'm buying that twinkie if I'm there.

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Anecdotal aberration for you. Ask the Leaf peeps or most TSLA owners how they feel about depreciation.

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Originally Posted by boosten lebaron

Now run the numbers with an equally old rivian or equally new Sierra. Compare like model years at least.

And rivian doesn't offer free supercharging. I believe lucid is the only one left that does on new vehicles. You can haggle the term length but you do get it. Older Tesla's have it but not new ones as far as I know. I think you get a couple months free when you buy it as a perk?

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The practical analysis for me is whether to keep the Sierra or trade it for the Rivian.

No way for me to know what charging will cost, so I offset it against the higher maintenance cost of the Sierra.

Assuming Rivian $75, less $25 trade (crazy High), I'm still spending $50k up front on to save $5k a year in gas.

I'd rather run the 5.3 Sierra, keep the $50k in the market.

YMMV

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Originally Posted by SteveM

The practical analysis for me is whether to keep the Sierra or trade it for the Rivian.

No way for me to know what charging will cost, so I offset it against the higher maintenance cost of the Sierra.

Assuming Rivian $75, less $25 trade (crazy High), I'm still spending $50k up front on to save $5k a year in gas.

I'd rather run the 5.3 Sierra, keep the $50k in the market.

YMMV

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That same logic tells you to sell the Sierra for $25,000, buy something for $10,000 and put $15,000 into the market. Then it also tells you to sell that $10,000 vehicle and buy $5,000 vehicle you put 5,000 in the market. And so on and so on.

One weird thing I learned about EV ownership is that city efficiency is like 200 MPG. Highway efficiency is all that matters. And it only matters if you have to do 250+ miles during that day, otherwise you're locked to whatever your kwh costs are at home, unless you're on an EV plan, and then it gets even cheaper.

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Originally Posted by RandyO

I don't work, nearest charging is 8 miles, same place as I shop every other week, I combine trips

If I ever were to get an EV, I would probably get a solar tracking tower or two

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Your nearest charging is right where you are, toss an extension cord to the nearest outlet.

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Originally Posted by Kurlon

Your nearest charging is right where you are, toss an extension cord to the nearest outlet.

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Very true. If your not driving far level 1 charging off a normal 110v outlet is very doable. I was doing it for a while myself. But national grid is more than happy to pay for me to upgrade my house to a level 2 charger so I took them up on it.

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Originally Posted by Kurlon

Your nearest charging is right where you are, toss an extension cord to the nearest outlet.

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It's painfully slow though. I charged my friends Tesla for close to 24 hours and it gave like 60%. If I had one I'd absolutely need a charger at home but that's easy enough.

Again. It depends on your drive. If your only going like 10 miles a day and the car sits at home most of the time then lvl 1 can keep up. Or it catches up on the weekend if you work m-f. But if your driving a good distance all the time then it won't work. But it's handy if you go to the movies or a friend's house so you can use the lvl 1 to vampire power while your there.

If I were okay with a $70k Rivian I'd be driving one.

Let me see, ~12k mi/yr / 30MPG average across our two * $5/gal. Am I doing this right?

If our corolla blew away in a storm I'd strongly consider a Leaf or a Bolt as our local commuter.

Technically you could add in oil changes per year too since those can't be avoided. Are you only driving 12k a year between two cars? I do that in 3 months sometimes. Between the two of us we do about 40k a year.

then subtract the increased tire cost ;)

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Originally Posted by boosten lebaron

That same logic tells you to sell the Sierra for $25,000, buy something for $10,000 and put $15,000 into the market. Then it also tells you to sell that $10,000 vehicle and buy $5,000 vehicle you put 5,000 in the market. And so on and so on.

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ha, this has been me. I bought a great condition Mini for $1500 from a coworker last year and I'm still driving it averaging 30+mpg. Last month I bought a $2500 Lexus from my CFO I'm giving to my mom. To be fair, I put drastically more miles on 2 wheels.

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Originally Posted by boosten lebaron

Very true. If your not driving far level 1 charging off a normal 110v outlet is very doable. I was doing it for a while myself. But national grid is more than happy to pay for me to upgrade my house to a level 2 charger so I took them up on it.

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I'd be able to use a 220 circuit. I have 200amp service in my barn, 100amp at my house