I have spent a lot of time looking at the economics of a Model S town car.
The main thing missing from this discussion is battery replacement.
A Lincoln town car will probably use fuel at about 22 cents per mile. ( 18 mpg - $4 per gallon )
You would likely want to replace the battery in the model s when it can no longer conveniently manage your 90th percentile day of driving. Let's say that is at 70% of capacity. If the battery is $35000 to replace after 100000 miles - that's 35 cents per mile and gasoline wins.
If the battery is $30000 to replace after 200000 miles, that's 15 cents per mile and electric wins.
In my dreams it's $25000 after 300000 miles, now you are around 8 cents per mile.
Which is closest to correct? We don't know.
I talked to a couple of small operators:
They buy Lincoln town cars <1 year used for $25k or so. They keep them for 3 years and 300,000 miles then they dispose of them for a couple thousand. Why? Because after 300k miles the transmissions start to go, and the engine soon follows.
( the operators I talked to see 100,000 miles per year and 300 mile days are typical )
That's about 7 or 8 cents per mile to own the Lincoln.
( there is probably another 2 or 3 cents per mile for oil changes, brake maintenance and tuneups )
The model S will be about $80k ( let's assume the battery is $35k of that and treat it separately ) so $45k. Hopefully you can keep it rolling twice as long as the Lincoln because it's drivetrain parts don't wear out. 600000 miles for $45k is about 7.5 cents per mile.
If that is true then we are back to the battery question.
Gasoline is the largest single ( non wage ) expense for the town car operator. If the batteries last long enough, the model s would give a huge advantage. Especially when gasoline is $5 and $6 per gallon soon...
Unfortunately we don't know how the battery holds up to 100000 miles per year nor do we have any idea what they will cost to replace.
The main thing missing from this discussion is battery replacement.
A Lincoln town car will probably use fuel at about 22 cents per mile. ( 18 mpg - $4 per gallon )
You would likely want to replace the battery in the model s when it can no longer conveniently manage your 90th percentile day of driving. Let's say that is at 70% of capacity. If the battery is $35000 to replace after 100000 miles - that's 35 cents per mile and gasoline wins.
If the battery is $30000 to replace after 200000 miles, that's 15 cents per mile and electric wins.
In my dreams it's $25000 after 300000 miles, now you are around 8 cents per mile.
Which is closest to correct? We don't know.
I talked to a couple of small operators:
They buy Lincoln town cars <1 year used for $25k or so. They keep them for 3 years and 300,000 miles then they dispose of them for a couple thousand. Why? Because after 300k miles the transmissions start to go, and the engine soon follows.
( the operators I talked to see 100,000 miles per year and 300 mile days are typical )
That's about 7 or 8 cents per mile to own the Lincoln.
( there is probably another 2 or 3 cents per mile for oil changes, brake maintenance and tuneups )
The model S will be about $80k ( let's assume the battery is $35k of that and treat it separately ) so $45k. Hopefully you can keep it rolling twice as long as the Lincoln because it's drivetrain parts don't wear out. 600000 miles for $45k is about 7.5 cents per mile.
If that is true then we are back to the battery question.
Gasoline is the largest single ( non wage ) expense for the town car operator. If the batteries last long enough, the model s would give a huge advantage. Especially when gasoline is $5 and $6 per gallon soon...
Unfortunately we don't know how the battery holds up to 100000 miles per year nor do we have any idea what they will cost to replace.