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wpearse | 3 years ago

We bought an EV 6 months ago. We financed ~60% the purchase cost over 3 years. We would otherwise never have spent this much on a car.

We calculated our estimated petrol savings and put down a deposit large enough such that our weekly finance payment and estimated charging cost combined would be ~75% of what we’re spending each week on petrol.

Now that petrol prices have skyrocketed, the finance cost of the car + charging cost is less than half of what we were spending in petrol.

So far we’re very happy. Our total running costs for our petrol car was around 28c per km, our total running costs for our EV are around 4c per km. (Total running costs = absolutely everything attributable to the vehicle: fuel/charging, servicing, insurance, tyres, wiper blades, …)

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