Posted on 07/02/2013 10:40:03 AM PDT by William Tell 2
Math is fun. Let us do a little, shall we?
From the article:
He pointed out that the average price paid for a gasoline-powered 2013 Ford Focus ranges from $16,500 to $24,176. While the average price paid for a 2013 Ford Focus Electric is $39,020.
The Ford Focus average MPG is 31 mpg.
Averaging $16,500 and $24,176 we get $20,338 for the average price of a gasoline Ford Focus. This is $18,682 cheaper than the Ford Focus Electric.
The $1.14 eGallon is $2.36 cheaper than the current average gasoline gallon ($3.50).
So we need to purchase 7,916 eGallons to break even on the initial purchasing price. ($20,338 / $2.36)
At 31 mpg, we will need to drive 245,399 miles, before we break even with the purchase price. (7,916 eG x 31 mpg)
So after a quarter million miles, our Ford Focus is going to start saving us $913 if we drive 12,000 miles per year; and it only took us 2 decades to start saving money.
Ignoring time value of money (inflation, etc) which only makes the savings worse.
How about still charging them 74cents a gallon tax as those in California have to pay on gasoline?
It will be the State and Federal governments who will demand separate meters for electric cars so that they can apply the same taxes that they now collect on gasoline sales.
agreed. and until the electric cars can carry a load like my f150, I wont b changing.
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