Comment by pixelatedindex

15 days ago

Do they depreciate any worse than their gas counterparts? You’re also saving money on gas and maintenance - that’s gotta count for something, no?

4 comments

pixelatedindex

Reply
pertymcpert  15 days ago

In California with PG&E which most people have, no you don't save much. It's different if you can charge for free at work.

And yes EVs depreciated worse than any other vehicle.

  • dragonwriter  15 days ago

    > In California with PG&E which most people have,

    Most people in California don’t have PG&E. Most of the land area in the northern 2/3 of the State or so is covered by PG&E, but people and land area aren't the same thing. Southern California Edison alone serves almost as many people as PG&E, and other smaller utilities, including public utilities like LADWP, SMUD, Silicon Valley Power, etc., serve another big chunk of the population.

    • mortos  15 days ago

      SCE will screw you nearly as hard. We are on a tiered usage which is the cheapest they offer and it's $0.32/kWh and even at that rate the EV isn't much cheaper than the non-hybrid I replaced. I'd need to switch to a ToU plan which would increase my other electricity costs.

      Also for depreciation:

      2020 Mazda 3 - sold $18k at dealer, originally $28k, 64% retained

      2022 Kia EV6 - bought $25k, originally $55k-$7.5k federal, 53% retained