I sold my Tesla Model 3 at around 98k miles, so rounded up 100k miles. It was sold to CarMax for $23500 assuming I am correct because I don't have the paper in front of me but I'm certain it was $23,500. I think the car was like $56k when purchased this was the 2018 Model 3 long range, so the mid tier version. I will say it was purchased at $60k after taxes / fees because I don't remember to well.
So 60,000-23500 = $36,500 to drive for about 4 years & 100k miles
100k miles / $36,500 = 36.5 cents per mile driven
$9,125 per year to own
How do people justify owning a car when there are other forms of transportation like Ubers, buses, trains. Maybe I could uber everywhere but I live in Orange County and it be very expensive. I don't uber much but I remember an Uber from Hollywood area to LAX was $80. Based on my rough calculation I could have driven 222.22 miles on $80 of Tesla Model 3 value (based on t hat $36,500 value I got) But that trip was only about 20 miles for that trip. So it seems like Uber is like 11x more expensive than to drive a car, so that's must be why most people will only Uber if they are traveling or not commuting much. Also my past roommate was taking $25 one way Ubers to his work because that work was about a 13 mile commute. So his Uber could be $50 round trip, just to go to work, and I think he only made like $150-200 day as an architect who moved from Costa Rica. He ended up buying a used Ford sedan of some kind, I think around $10k. But when he moved from Costa Rica to the USA he rented a room in my home for a few months until he could find his own place. But I help him out and try pick him up from work because my work was kinda close by, but not to work because he had to get up earlier than me. But from that example, I could tell that Ubering $25-$50 day was gonna get expensive for only 15-30 miles. So maybe Uber is like $2 per mile or more, can we agree that Uber will cost more on a per mile basis than a Tesla that doesn't get totaled and can be sold to CarMax in the future?
It seems like the normal person will realize buying a car is still cheaper than trying to Uber everywhere. Maybe they won't get how but they know it won't cost $50 to do a 15 mile round trip commute. I'm curious if buying a Ferrari or Lamborghini would cost about as much as an Uber on a per mile basis from buying to selling it and factoring all its repairs / gas.
So would 36 cents per mile be an accurate cost of owning a Tesla from buying to selling it? Is that cheap enough? Or are there cheaper alternatives? I'm sure we can say we can walk for free everywhere but that be very hard. Buses in Orange County take forever and are super inconvenient. We have trains here but they don't run 24 hours and there is no last mile solution for trains unless you Uber, which defeats the purpose of trying to save money on a per mile basis so it still be cheaper to drive a car that can go anywhere. The only countries I was able to rely almost on no for of Uber or Taxi was London and Paris, I was able to get around on trains and Lime Scooters. And I never really took trips outside the cities because it be tough for me to figure out how to get around everywhere without a car.
Also I want to figure out what about the cost of driving a Honda Civic that gets 40 miles a gallon? Also I think it be hard to find a high performance gas car that gets 40-60 miles per gallon and you usually have to accept 10-20 mpg if you want a performance car. But Tesla feels like a performance car that runs on cheaper energy. But I am wondering what it's like to drive a 40 mile gallon car if my past cars were like the Lexus GS430, BMW M3, and Tesla Model 3.
I think airplanes are the best value per mile. I once took a round trip airplane for $400 from John Wayne to Heathrow / London and that's about 10k miles total, or 3-4 cents a mile. And I flew on a decent airline like Delta or American Airline.
So 60,000-23500 = $36,500 to drive for about 4 years & 100k miles
100k miles / $36,500 = 36.5 cents per mile driven
$9,125 per year to own
How do people justify owning a car when there are other forms of transportation like Ubers, buses, trains. Maybe I could uber everywhere but I live in Orange County and it be very expensive. I don't uber much but I remember an Uber from Hollywood area to LAX was $80. Based on my rough calculation I could have driven 222.22 miles on $80 of Tesla Model 3 value (based on t hat $36,500 value I got) But that trip was only about 20 miles for that trip. So it seems like Uber is like 11x more expensive than to drive a car, so that's must be why most people will only Uber if they are traveling or not commuting much. Also my past roommate was taking $25 one way Ubers to his work because that work was about a 13 mile commute. So his Uber could be $50 round trip, just to go to work, and I think he only made like $150-200 day as an architect who moved from Costa Rica. He ended up buying a used Ford sedan of some kind, I think around $10k. But when he moved from Costa Rica to the USA he rented a room in my home for a few months until he could find his own place. But I help him out and try pick him up from work because my work was kinda close by, but not to work because he had to get up earlier than me. But from that example, I could tell that Ubering $25-$50 day was gonna get expensive for only 15-30 miles. So maybe Uber is like $2 per mile or more, can we agree that Uber will cost more on a per mile basis than a Tesla that doesn't get totaled and can be sold to CarMax in the future?
It seems like the normal person will realize buying a car is still cheaper than trying to Uber everywhere. Maybe they won't get how but they know it won't cost $50 to do a 15 mile round trip commute. I'm curious if buying a Ferrari or Lamborghini would cost about as much as an Uber on a per mile basis from buying to selling it and factoring all its repairs / gas.
So would 36 cents per mile be an accurate cost of owning a Tesla from buying to selling it? Is that cheap enough? Or are there cheaper alternatives? I'm sure we can say we can walk for free everywhere but that be very hard. Buses in Orange County take forever and are super inconvenient. We have trains here but they don't run 24 hours and there is no last mile solution for trains unless you Uber, which defeats the purpose of trying to save money on a per mile basis so it still be cheaper to drive a car that can go anywhere. The only countries I was able to rely almost on no for of Uber or Taxi was London and Paris, I was able to get around on trains and Lime Scooters. And I never really took trips outside the cities because it be tough for me to figure out how to get around everywhere without a car.
Also I want to figure out what about the cost of driving a Honda Civic that gets 40 miles a gallon? Also I think it be hard to find a high performance gas car that gets 40-60 miles per gallon and you usually have to accept 10-20 mpg if you want a performance car. But Tesla feels like a performance car that runs on cheaper energy. But I am wondering what it's like to drive a 40 mile gallon car if my past cars were like the Lexus GS430, BMW M3, and Tesla Model 3.
I think airplanes are the best value per mile. I once took a round trip airplane for $400 from John Wayne to Heathrow / London and that's about 10k miles total, or 3-4 cents a mile. And I flew on a decent airline like Delta or American Airline.
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