HUGE Cost Difference of Owning a Electric vs Gas Car
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- เผยแพร่เมื่อ 22 มี.ค. 2023
- For the full video of the cost comparison breakdown see: • Gas vs ELECTRIC in 100...
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Replacing a battery system is equivalent to replacing the engine in a combustion engine. Not a normal expense
Right because you should not expect to replace a petrol engine in a car in until it is over 300k miles these days. Youd replace the batteries in an electric 1.5 to 3 times in the same distance traveled. And batteries are getting more expensive not less as time goes on.
@@metroid74 total bullshit
@@metroid74what are you on about, there’s old Model S cars out there at 500k miles and still on original batteries.
Estimations for Model 3 and Y batteries are between 300k and 500k miles before a replacement is likely needed.
@@metroid74your claim is factually incorrect. 300-500k miles is the standard. Anything less is an anomaly. Teslas are much cheaper to own than an equivalent ICE vehicle.
Not too mention you can replace the ICE engine 3 times for cost of one Tesla battery replacement.
Dude, a brand new high voltage battery is $31,000. The battery they sold you, was either a rebuilt one, or a used one.
Where’s your source? Battery places range from all sorts of places nobody really knows the real price don’t be just throwing around high numbers.
Imagine we lived in a world where all cars were EVs, and then along comes a new invention, the "Internal Combustion Engine"! Think how well they would sell: A vehicle half the weight, half the price that will almost quarter the damage done to the road.
A vehicle that can be refuelled in 1/10th of the time and has a range of up to 4 times the distance in all weather conditions. It does not rely on the environmentally damaging use of non-renewable rare earth elements to power it, and use far less steel and other materials.
Just think how excited people would be for such technology, it would sell like hot cakes!
😂 That's hilarious considering Ice automobiles have had 130ish years of development. The new batteries are about to double the range and get charging down to about a time it takes put gas in the car. Oh and the cost of the batteries is coming down as well.😅 And try filling up at home with the Sun. 4 times the distance 🥴
I love my Gasser as well but let's not get silly here..
Hv battery should be under warranty for 120k miles or 8 yrs.
only 100k warranty on the battery on my tesla
@@mikecatan4155 Doesnt top insurance cover battery/motors/ glass etc for 10years in US?
Just curious.
It does in Norway.
EV batteries ARE warranted for 10yrs 100K miles
@Xonx Xenox check again. Model s x are 8 yrs or 150k miles. 3 and Y are 8yr and 100k. Not 10 yrs.
Me who rides 40k a year at least 😢
You don't replace your timing belt on a Lexus until 200k lol
Also charging it during winter? Wear and tear of the tires!
This guy doesn’t mention that insurance and registration is more expensive as well.
The insurance isn’t more expensive we added a Tesla to our insurance and it went down. Guessing it depends on the carrier.
my polestar 2 insurance through progressive was lower than my volvo s60. so you're wrong here.
@@Zeemee9👈🏼🤣 oh ok, there you have it folks! Zeemee9 here says insurance isn’t a big deal with Teslas, so let’s all just move along! Nothing to see here. If Zeemee9’s insurance supposedly went down after adding a Tesla then it must mean we will all have a similar experience. 🤡
@@bidenwearsdiapers4026 your funny lol
@@bidenwearsdiapers4026If you disagree then google it and come back with evidence? you argue like a toddler, on the internet WHERE YOU ARE CURRENTLY AT exists a wealth of knowledge to pull from and you choose to doubt and belittle others with 0 evidence. any human with basic knowledge is laughing at you behind your back if you carry this personality into your real life.
What about the $500 to replace 1 tire on a Tesla! 😎
Thats not all that outrageous. My subaru was $450 to replace a tire that got crack in it along sidewall at only 3k miles.
Downgrade to the 19’s. I pay $250 a tire.
Honda and Toyota still last 500k miles with hardly any problems
Who told you that? Toyota has most definitely joined the planned obsolescence bandwagon and Honda going to turbo engines will not see 500k. Nope.
Cheers
@@tomdavis3038 maybe not 500k, but 200k easily.
Maybe
Goto any online car store. Many Teslas with 150k to 200k plus. Uber drivers love them. 12 to 20$ per tank. Charge at home for even less.😊
@@haroldpierson5271 there are many Teslas with the high mileage at the online stores is because they are near the end of their lives. 😮💨
Bro u hv to count the prices of the car as well
My tundra is more expensive than my wife's model y
And increase in insurance rates for the EV over comparable ICE.
i'm shocked that you actually have to pay for a faulty battery pack..
I did not! More of a if I DID have to pay how much it would cost!
I watched a video where a Finnish repairman replaced a broken component of a Tesla battery with an intact one. The price was estimated at around 900 euros. Fortunately, you don't always need to replace the entire battery...
EV is only effective if you charge at home.
Nope. Still cheaper. It’s about 1/3 the price of gas still if you super charge. I’ve done this math
It’s even cheaper if you have free supercharging.
@@dinky7749some of us value our time more the money. I would rather pay the money that sit and wait for my car to decide when it’s ready to take me where I want to go lmfao
@@F32Aidan🤣 clearly you don’t because you would rather sit and wait for your gas car to fill up every other week than simply let your car charge over night while you sleep.
Jesus Christ how fucking stupid are these anti EV people already? It’s like they’re incapable of critical thinking.
I just bought a 2018 model 3 with over 100k miles let’s see how it does 😊
Keep it between the 20-80% majority of the time
@@garretreed9709I've read that before too. So a typical Tesla only has 60% usage of it's total published battery specs. That means a Model Y LR (long range) can only go 198 miles if staying inside the 20-80 percentage.
You didn't add the Insurance which is almost 2x more expensive. My Nissan Titan PU is $1100 a year my Tesla Model 3 rear wheel is $2050 a year insurance coverage identical saying that I would still own my Tesla
Dude - you missed out the annual $2500 insurance cost on an average for Model Y. Comparatively, my RX is only $700 per year.
My model x performance is $122/mo
My 2023 model 3 is 55/month. Tesla insurance can save you hundreds on your car insurance
Hybrid is the way to go.
How did the Lexus cost you 27k in 100k miles?
nowadays gas prices and repairs could easily have costed 27k in the span of 100k miles
@@flamin9dragon267Not for a Toyota so this number seems BS
@@G7130 for a lexus most definitey
I'm going to use some GENERAL numbers to paint a better picture of how much gas cost for 100k miles.
100,000 miles / 400 miles per tank = 260 fill ups.
260 fill ups x $80(avg price of fill up of 16 gallon tank varies by location/cost)
Estimated cost is $20,800 in the span of 100,000 miles of pumping for gas.
@@freeignition and that's IF you can hit 400 miles per tank.
Maintenance AND CHARGING?????? Vs just maintenance didn’t even talk about fuel
I’m pretty sure cost of fuel was factored into the cost. Watch the video again you’ll see that fuel was factored in for the Lexus.
No way a Lexus RX 350 costs 27 grand in only maintenance to 100k miles, that’s $2700 every 10k miles, Lexus is a Toyota no way that it would be that expensive, even with going to the dealership for everything
Engines, Gas, Tires + timing belt. You only read what you want to see right?
@@Warex06 it’s a luxury brand. A big fix would drastically increase the average
@@Warex06 timing belts are very expensive because you have to retime the motor and that takes MANY hours
@@AnimeBeefRandomsthe EV chews through tires faster than an ICE because the EV weighs more. Also: nobody is replacing an engine before 100k miles (that would be a rare anomaly and likely covered by warranty).
Where did you get $27k for maintenance for the Lexus?
He is adding the cost of replacing an engine because otherwise the numbers make no sense
@@Unorganizedinc ah hmmm Lexus/Toyota’s engine should last 300k miles. I have several Hondas and they all hit ocer 200k before i sold it and never fix or replaced the engine
Wouldn't drive a Model Y if it were given to me. The ride is awful.
My wife has one. And I agree. Very bumpy. I think the model X & S are the ones to get for a comfortable ride.
Yeh horrible ride … rattling and road noise on every imperfections on the road. Door is super thin and rattles when opening and closing door… makes it feel super cheap … I like the graphics on the tablet though
And who the hell would pay 12k for a EV battery’s? Every time the battery’s goes bad. And what if the car dies you have to contact a tow truck. Let’s say your running low on car battery and your looking for a charging station and the station is out of order are you gonna make it to the next 5-10miles for your batteries dies?
Yeah this is what people don’t realise and I’ve seen batteries last 300k miles no problem
Doing a video 111,000 mile tesla with 10 percent degradation not bad
Batteries usually lose much of their efficiency beyond 100, 000 miles, so that's very strange.
Cannot imagine the time used to charge 300k miles of range.
Cali doesn’t even like a/c blasting in summer but lets all charge our cars the equivalent of 1 month straight.
Hmmm what about the resale value?🤔🤔
Insurance on model Y IS $5000 compared to Lexus $2000 each year ! Look on value of Lexus after few years vs Tesla … Tesla has no spare tire
Is the calculation include the insurance? When I see your video, tesla insurance is around 2500-3000/ year
I’ll stay with my ICE trucks thanks. I can run them for 300,000 miles doing the maintenance myself. And properly cared for modern ICE vehicles really can survive with just routine maintenance. And best part. A well cared for ICE truck is still worth a decent amount of money at trade in with 300,000 miles on it.
Owning an EV means the money you save in gas is just the bill to replace the battery.
Not many people need to replace a battery every 100k miles. It is warrantied for 500k miles. If he paid for it, he broke it.
By percentage, replacing a battery is less likely to happen compared to an ice requiring a motor replacement. Which is a rare occurrence in itself.
Except gas engines don’t last forever either. I just spent 2k just to replace my water pump and timing belt. I still have a transmission and other engine accessories that could fail
@@Michael-pi8psif you did your own labor work it would be around $400-$500 so yes gas is way more cheaper. Stop being lazy and fix your own shit, tons of videos online on how to fix parts on your vehicle. EV you have no choice but to see the dealer!!!
@@FU29988 If poor, don't buy. get yourself a carolla. You don't want an EV anyway lol.
I do not believe you. Electricity rates have skyrocketed in most places and already outpace gas prices in some places. This will only get worse, on top of the expensive purchase and repair prices.
Same with gas prices too.
It does not cost $1,000 to replace a timing if you do it yourself it does not cost more than the price of the belt itself my car has a timing chain by the way it has a 180,000 mi and it's still going strong with no problems😅😅
Electric cars = higher insurance costs
That too
Spot on! Insurance for EV's in CA is DOUBLE than for ICE vehicles.
Only 20% more
in my country it is cheaper because you don't pay emission taxes, it's almost half the price for an EV. but the other costs, if you can't charge at home, makes owning an EV more expensive than an ICE
he ain't paid for the battery change right, was covered under warranty?
Covered
Have you included INSURANCE, that seems to be a big factor with Tesla,
What's the 10700 come from exactly?
The time you waste charging on a long trip has to be an added cost otherwise use it as a city commuter. In Australia the time we wait for our turn in remote town to charge is simply annoying a waste of time and money.
Insurance alone with EV is wrecking the deal
You mean that an EV has an expensier than a gas one right?
I got a quote from allstate on a Plaid Model S and a Tacoma TRD Pro. Same dollar amount even though the Plaid costs $30k more.
You are right pong. Insurance for EV's here in California is DOUBLE that of an ICE vehicle. EV parts and service is also much more expensive.
They will put a refurbished battery in not even a new one… idk about you but I would be pretty pissed off to get a used battery for 12k dollars
All battery systems in electric cars are reused. It's basically to keep from having to dispose batteries which are dangerous
Refurbished means new with some modifications that got fix. It does not mean use. However I understand that you want a complete new one
What about the cost of oil changes, insurance, gasoline, battery charges, tires, etc. those are all things to put into the cost. Is the ICE still more expensive
It’s in my actual yt video!
One thing people are missing, Lexus RX cars are now basically all over 60K and with model Y is 55K - $7500 = 47.5K. Right off the bat you you 12-13K less with model Y.
But unless you have a major tax liability the credit doesn’t do much for you since it’s a non refundable credit from my understanding
Drove the rx with wife and then the y end up buying the y performance way better for the money. Cheaper, faster, better options, and i can use the write off
If you pay you taxes you still get the rebate.
Although $7500 is tax credit, it will still be added in the total price plus the interest rate over how many years an individuals loan term is(if you’re getting a loan). Still more attractive compared to these dealers charging 6k over msrp! Crazy market these days
more government cheese and more carbon tax should fix everything
What does the Insurance cost on a Tesla, I heard a lady got hit by a shopping cart and it total the car.🚗
😂
that battery should still be under the 8yrs 160k (edit: 120k miles for 3/Y, 150k for S/X) miles warranty, so unless you run over something that destroyed the battery, otherwise it should still be free
Exactly should be included in the expenses
My friend got a lexus 350 with 145k miles he did not pay any 27k repairs.?
If the cost of owning is the most concern when purchasing a vehicle, then buying the cheapest car is the most important factor in the cost calculations. Model 3 is $28000+tax more expensive than 2024 corolla L cvt (cheapest trim). In order to give model 3 or any EVs the advantage of cost-saving aspects, the msrp prices should come way down. If you simply like EVs , the features of EVs, and have a garage to charge every night, and don't really care about the costs, sure go for it but if frugality is the one and only equation you use for buying a car, just buy a used honda civic or corolla or prius.
Did u forget the the ice cars don’t have range anxiety and added extra weight
Cost you $38,000 for minor accident need to change everything airbags,seat belts,Radiator plus lots of other things in fact there are no damage on those items -
Is the home charging being metered or is he just counting stations?
I’ve never had to replace my battery on my EV. I did have to get a new engine for my car after 72k miles though, and that wasn’t cheap. I also had to replace a transmission once in a previous car I once owned. So, my EV has definitely been a lot cheaper than those two vehicles I’ve owned.
Paying 80k for a car.. all the things you just announced should be free... or your better off getting a Honda civic.
EV car costs more, insurance costs more, battery replacement cost is ridiculous.
ICE for me.
Very true.
Depreciation kills any EV “benefits”. My 10 year old Lexus LX with over 100k miles barely gets 20mpg on the highway with a tailwind, has only needed oil, tires and brakes, will last my lifetime and has only lost about 10% of its value in the last several years. My father bought a new ‘22 MYP in December of that year for over $70k, only has 6k miles and has lost 50% of its value. $35k is a lot of gas to make up for, and the quality and comfort are night and day
There is a Korean company that will be renting or leasing batteries. Replacement is replacing a bad cell. Comparing the wait to.a.13 minute charge or waiting at the pump.while everyone's car is running.
Should have been warrantied I was a Tesla center and rep said it’s 150K or 8 years
I needed to replace the engine on my 5 year old Ford Edge with 65k miles and $9k later was still giving me problems. I love my Tesla Y. Higher insurance but I don’t pay for charge since I have it for free in my community, because I don’t pay for gas I can just use it to cover the insurance.
How much were the cars new...add up the total cost of both. This video is incomplete.
It’s in the whole video
Here's the thing about EVs. It would be very difficult to find someone that has just one EV. Whether multiple EVs to a household, or the more common an EV and one or more ICE vehicles. That goes to our current state of confidence in an EV versus an ICE vehicle which we would have considerably more confidence i, as the only vehicle.
this will change over time though. my wife has a hybrid. i got an EV. by the time she replaces her car, we're confident we'll be able to get another EV, and become a two EV household. day to day, after we're done with work, we haul our kid around in my Polestar instead of her volvo because we want to avoid wear and tear on her car. not to mention the cost of gas. Hell, some mornings she just takes my car in the morning cause she doesn't have time to fill up her volvo at the gas station. It's just way more convenient and less of a headache in regards to maintenance having to go get gas somewhere. next year supercharges will be available to damn near everyone. essentially eliminating the range anxiety. so yeah, our confidence in EVs is quite high.
Glad you like them. 10yrs from now, I’ll still be full ICE.
What about the cost of tires? What’s your experience been with replacing them due to the weight of the vehicle?
Best TIRES for Your Tesla (Tyres)
th-cam.com/video/aF6P1rsr_H0/w-d-xo.html
@@EverydayChris You at least got the right brand of rubber.
Replace the HV battery? When exactly does that happen? 300K miles, 400K miles, 500K miles? It’s under warranty for the first 120K miles, or 8 years. How long before a major service in any ICE car? Keep in mind the major services aren’t optional.
should be ok for long time.
consider the cost on 10-20 years of ownership and total carbon emissions on that. you will have to replace the battery at 10 years means you will pay for all the maintenance cost of an ICE one day.. IF you find a replacement battery
Do people really buy a 50k car and expect it’s cheap to drive? If you drive a 50k car and have worry about misc stuffs like tyres of fuel cost then you couldn’t afford that car in the first place.
insurance for EV is insanely high. The real deal-breaker versus internal-combustion.
What about the vast EV depreciation and now higher insurance costs?
Charging costs are hugely variable depending on whether you use solar at home, electricity grid at home or public charging.
Where can you replace a hv battery for 12k? It's 25k at tesla.
My BMW I3 has 101,000 miles and the only service items it has needed has been an air filter for the HVAC, a 12-volt AGM battery ($129) and tires. The total of these is less than what a timing belt costs for my Porsche 928S.
And he did not mention that you have to not crash your EV cause it will be nearly no repairable at all (insurance companies will put your EV cars to cimetery)
Your not adding up the cost of homeownership because most people that own Tesla or Evs tend to have a garage to charge at home
My lowest charge rate is $0.34226/KWH. PG&E customer. Cheaper for me to drive a hybrid now.
How many trailing arms on the Tesla?
The main problem I see with ev vehicles is if something in the battery fails and it burns the car the the ground. Might not be very likely unless u wreck it or something punctures the batt.
If you are going to add the price of a battery change, should also add an engine change out and mabey a transmissions its more likely than a battery brick out.
You're also forgetting what electric cars you replace tires more often.
Interesting thought. Since battery operated cars don't have the range of many gasoline cars that means 1 and/or 2 things. Battery operated cars cannot store as much potential energy as gasoline cars. If battery operated cars can store as much potential energy as gasoline cars, since battery operated cars have less range gasoline cars then battery operated cars are less efficient that gasoline cars.
Oh and let's not forget, if you want to be comfortable, it's going to cost you a ton of your range... Personally, when it's brutally hot or bitterly cold... I want to be comfortable... Using my air conditioning in my vehicle usually drops my potential range by 5 to 10 mi... Using the heater, no measurable amount... In your Tesla or any other electric car, not only is the heat capacity of your air conditioning greatly reduced from that of a mechanically driven system, but it reduces your range by over 20%... In the winter time, it has to use a resistive heater to heat the interior... That's 2,000 to 8000 Watts... 1500 watts is about 5,100 BTU, equivalent to a small space heater.. cars don't have near the amount of insulation that a home would... You lose up to 50% of your range using your heat in certain cases..
Where is the resale part of the calculation?
You forgot depreciation... ev fanboys always forget about that one for a reason. Evs lose value much faster than ice or hybrids because the next buyer does not want to take care of the battery out of warranty. Evs savings are a mirage.
Where did the 27k come from with only 100000 miles?
You need to include insurance cost as well. Not sure why insurance is so expensive
If you can live with a slightly lower range get a lfp battery last longer than the car itself and can be charged to 100% before a drive without any issue
also, no cobalt or nickel. no thermal runaway. I support this recommendation. also, 99% of the time you own a car you are not likely traveling over 150 miles a day. so a car with say 220-280 mile range with lfp would be pretty optimal.
$27K for a Lexus at 100K miles? What the hell? Were you replacing with gold plated parts? Seems bogus.
Who cares what it cost 😂 driving a Tesla is such a pleasant experience
Pay the 2 year lease and take a new one every 2 years - NO WORRIES
A Tesla model y battery at 100k is free. Ots under warranty 8 years 120k in 48nstates.
10 years 150k miles in NY and cali.
I don’t have $50k on splurge on a car.
Electric cars are still a gimmick,I’d buy one if they cost $6k as my 2015 Kia Optima, less than $500 to maintain and fuel up and i drive it cross country, no stop to charge up 😂
245k miles and still drives awesome, transmission has been changed once.
Stay in your cave man.
@@mikehud22 Your just butthurt because the man knows he's got a better deal maintaining an older vehicle that he loves more than an overzealous and virtue signalling golf cart, which is HIS choice to make and not yours.
Look, you can drive whatever you want, but the truth is you do have $50k to "splurge" on a car. By your own admission, 245000 miles driven means around 10000 gallons of gas, which is right about $45k (maybe less, depending on your local price), plus I'm adding 50 oil changes at $50, that's about $2500, and also some transmission work done, around $4000.
Now, I realize that driving an EV means you need to still spend some money on electricity, but the cost will be significantly less than what you pay for gas + oil changes. As a comparison, at the current rate of electricity that I'm paying, 245k miles would cost me around $4k. Plus no oil changes or transmission replacement.
Now, the battery change is not a normal or frequent occurence, as is the case for the engine rebuilt on a petrol car, it must be a factor on the style of driving, but if you think about it, changing the battery vs replacing the engine is still a better deal on an EV, because a new battery adds 8 yr warranty to your car, as opposed to maybe 3 yrs on an ICE.
These types of videos dont apply to us peasants who cant afford 50K on a car 😅. I mean if you can afford a $50K car why even make any comparisons? Obviously you can afford whatever it will cost to maintain and fix the car
@@soliniv1411its cheaper in the long run or at least equal and arguably a better drive for commuting. What separates the poor from the rich is mostly a matter of how wisely they spend money.
You forgot to calculate the time you spend at charging station if you don’t charge at home. Time is money. Spending 30 minutes charging the car is equivalent to spending extra $15 per charge, assuming you make $50 per hour.
So the difference isn't that huge because you faced a battery replacement... Effectively around $5-6k difference. How much is the difference in price between the vehicles? Moreover, I feel like a Lexus RX350 isn't necessarily a proxy for the entirety of ICE cars. Sure, if you're in the market for a Model Y, a Lexus is in your price range, but the fact that things like a Nissan Versa even exists at all in the spectrum of ICE vehicle choices is far more meaningful for the mass market.
"I didnt think it would happen to us" lmao like if you've never had to change the battery in your vibrator😂 same concept
And how much does it cost to charge your Tesla? How much does it cost to charge it away from home? Summer vs winter? What were the sticker price differences? Insurance cost vs the 2?
How the hell did the lexus cost 27k? Wtf. We need a breakdown of that. 100k miles in how many years? I swear all these ppl cant calculate correctly.
If only maintence n gas. I spend 480$ a year on gas and over 100$ oil change per 5k miles which is $2000 for 100k miles. Add on tires $1000, add on brakes n rotors $1500. Add on new batt 300$. Lets say u change tires n brakes n rotors n batt twice in 100k. Over 10 years of gas thats still only a total of 12400$ over 10 years n 100k miles. Lmao where r u getting 27k?
I was thinking the same. No wah it costs that much to maintain a gas car. Only thing that will cost 27k a year will be like a top of the line supercar
It's because you dont care about mother earth
And, if you replace the HV that's another 8+ years warrantied so you can dilute that cost a lot more
In 8 years I'd lift one and swap a cummins isx15 in it for shits n giggles. :)
The many EV disadvantages do not outweigh the single advantage
In California, rates for EV's are DOUBLE that for ICE's. The EV parts and service are much more expensive, they catch fire for no reason as well.
Why would you change the battery? Makes no sense. You swamp motors for kicks
Miles don’t matter on a Tesla. And a Lexus RX can go man. 15 years 200k+
And how many days wasted sitting on a charger?
How about time spent waiting to charge during long trips after 100k? Time is money....right?
Things are about to get so much worst for gas car owners.
Who replaced an engine in a Lexus after 100k mile? I got 350k in a camry engine.
This video is misleading.
How much time did it cost you owning a electric car?
Less than any gas car. Much less. My car charges fully in my garage overnight. I wake up every morning with the equivalent of a full tank of gas. Yes, a bit more time on a long trip, but for everyday life it takes much less time than all your gas station stops.
not everybody got a garage most less a safe place to charge overnight it's never going to work people will be easy targets for people charging their car.
@@kleamat Yes! We have a winner. The government would do much more to promote EV adoption if they focused on this problem rather than getting public chargers on every street corner!
@@kleamatas opposed to being an easy target while putting gas in your car?
@@Michael-pi8ps putting gas in last 2 mins charging a car more than 2 hours what are you talking about?🤣🤣🤣🤣
It’s not about the NET savings. It’s about the CASH FLOW savings during the EV ownership.
If you use SOLAR ENERGY TO CHARGE your EV. That’s a $3K to $5K in savings just for gas. Plus maintenance savings.
An EV you’ll spend $2K or less for tires and normal maintenance in 5 YEARS.
That’s great, now about the limitations of where and how far can we go somewhere? Fire starter of these ev, good luck putting these cars out
Ryan started the fire