Base Tesla cheaper overall than a £5K barge ?

[jamoor]

Sambucket said:

What do you mean?

Cars depreciate as with the increase in mileage and time the components wear out and the cost of maintenance increases to a point where it’s no longer financially feasible to maintain it.


Cue an electric car where the components don’t really age much with mileage...



The danger is the car becoming obsolete due to newer technology that may affect its valuation. This is why the depreciation on these cars is anyone’s guess.

[anonymous-user]

You don't think deprecation is basically correlated with milage (for the same model of car)?

I hope you are right as I'm doing about the same mileage as you and worried I'm wiping out any potential savings from going electric by driving twice as many miles.

And the way I drive my Tesla, I'm looking at going through twice the tyres too. No regress at all, but I just think it risky to think of electric as a significant big a chunk of the cost of the car per mile.

Edited by anonymous-user on Sunday 1st March 14:43

[jamoor]

Sambucket said:

You don't think deprecation is basically correlated with milage (for the same model of car)?

I hope you are right as I'm doing about the same mileage as you and worried I'm wiping out any potential savings from going electric by driving twice as many miles.

And the way I drive my Tesla, I'm looking at going through twice the tyres too. No regress at all, but I just think it risky to think of electric as a significant big a chunk of the cost of the car per mile.

Edited by Sambucket on Sunday 1st March 14:39

It is on an ICE car but on an electric car it shouldn’t be but I don’t think the market has figured this out yet.

[anonymous-user]

There are loads of models of electric car that have been out long enough to illuminate this, surely? Leafs, Zoes, USA tesla's etc.

[jamoor]

Sambucket said:

There are loads of models of electric car that have been out long enough to illuminate this, surely? Leafs, Zoes, USA tesla's etc.

No I don’t think they’re relevant as mass market adoption hasn’t occurred. I think once that occurs the market may figure it out.

[anonymous-user]

I'm not sure i follow. if in 2022 I'm looking at two 69 plate Sr+. One with 15k miles, the other 45k miles. I would imagine the price would be significantly different. For the warranty if nothing else. It's highly speculative to assume otherwise. Possible, but risky to assume.

[Heres Johnny]

jamoor said:

Sambucket said:

You don't think deprecation is basically correlated with milage (for the same model of car)?

I hope you are right as I'm doing about the same mileage as you and worried I'm wiping out any potential savings from going electric by driving twice as many miles.

And the way I drive my Tesla, I'm looking at going through twice the tyres too. No regress at all, but I just think it risky to think of electric as a significant big a chunk of the cost of the car per mile.

Edited by Sambucket on Sunday 1st March 14:39

It is on an ICE car but on an electric car it shouldn’t be but I don’t think the market has figured this out yet.

You may think that but the data suggests depreciation is very much inline with mileage. It’s more visible on US cars just because of the volume of cars but it’s similar on uk cars too based on MS and MX trends, scroll down to see the plot of similar cars ie model and year, the only difference is mileage

https://tesla-info.com/car/2b11745854b988c95460fb4...

Low mileage as high as 60k, high mileage (albeit only 30k over 2years) as low as 45k,

[jamoor]

Sambucket said:

I'm not sure i follow. if in 2022 I'm looking at two 69 plate Sr+. One with 15k miles, the other 45k miles. I would imagine the price would be significantly different. For the warranty if nothing else. It's highly speculative to assume otherwise. Possible, but risky to assume.

But how significant will significant be if the mileage doesn’t make much of a difference, once these cars are popular i think people will have a different view.

[anonymous-user]

I hope you are right. But which one would you buy?

For me, in the mean time safest option is to assume relatively normal curves until we see otherwise. I would imagine there will be balancing downward forces unique to EVs that will leave us with a similar milage curve at end of the day. At least that's what the early data seems to be hinting at.

Though on positive side, that chart suggests about 10% deprecation per 10k miles.

So that's well below average. Works out at about 40p a mile which is not bad for a new (ish) premium car.

Edited by anonymous-user on Sunday 1st March 16:07