2012 Tesla Model S Electric 1-speed Direct Drive True Cost to Own I don't know how long this link will last before they fix it. Someone should post a screen shot before its gone (I'm on my iPhone)
It's just funny because it's a mistake. They are showing a 5 years TCO for the base model of $13,294 with zero depreciation. I badly want a screenshot so I can argue with Kelly Bluebook when they try to claim that my Model S is going to lose value the longer I own it :tongue:
Hey, yours is cheaper than mine 60626 is obviously a better zip code to own a Model S than 92880. Mine is gonna cost me $13k . . . - - - Updated - - - You live in California, so your numbers are the same as mine We need to move to Chicago with chmod a+wrx . . . - - - Updated - - - The energy costs go up year by year. I wonder what level of battery degradation they are assuming. Time for math . . . Year 2 - 821/846 = 0.971 Year 3 - 821/871 = 0.943 Year 4 - 821/898 = 0.914 Year 5 - 821/924 = 0.888 It doesn't include how much degradation they expect in the first year, but it looks like their model assumes a 3% degradation per year, so I guess it works out to 15% over 5 years. Wonder if those are actually based on their analysis of the Model S batteries or if its a mistake? Some have posted 7 or 8 year numbers which aren't much worse (i.e. 7 years would be 21%, 8 years 24%). - - - Updated - - - losing ~15% after 5 years and 75,000 miles looks like a credible number for me, so I assume that's an actual estimate on the part of Edmunds regarding Model S battery degradation. Where are our resident battery experts when we need them?
Only if you take my underwater mortgage with it.. Riverside County is ground zero for the national housing crisis :tongue: Anyone know why energy costs would go up with the Model S? How does degradation (which results in a smaller battery) cause higher energy costs? I assume they are modeling changes to the battery chemistry as opposed to a less efficient charging system, but do those inefficiencies also reflect reduced charge capacity, and is there a linear relationship? The more I think about it, the less I understand the Edmunds fuel numbers, which likely means I can't extrapolate degradation from them at all. Oh well, it seemed like a good idea at the time
Battery degradation won't consume more power. I think their increasing fuel prices are due to electric rates increasing.
Ok, a huge nevermind about the fuel costs going up. Every car Edmunds lists has the same ~3% increase, so it must be something stupid like inflation. It's certainly a meaningless number if both ICE vehicles and electric have fuel costs which increase at the same rate. - - - Updated - - - ^^ Yes, I'm pretty sure it's a basic inflation estimate. I assumed that the numbers would be corrected for inflation so they would be meaningful to a car buyer.
An idiotic thing about the Edmunds TCO is that they take a simple sum of the five years' costs. Time value of money, anyone?
It's clearly under construction, and almost meaningless until they correctly populate all of the values. The fuel costs look consistent with what they estimate for Chevy Volt or Nissan Leaf, in that the Model S costs a bit more than either of those thanks to a lower MPGe. But at this point that, and maybe financing fees look like the only items rooted in reality. Try putting in your zip code to see if numbers show up, but mostly it's of interest because until recently nothing was in there. So it's nice to know that Edmunds is starting to fill in the data.