Pretty vague question. Saving compared to what/whom?I don't have a Model S but, I was wondering in general how much people are saving per month. particularly Illinios.(Any tax savings?)
thanks, just trying to understand how Kimbal Musk got it down to $80 a month
The main way he is 'saving' money is charging $0.52 (this suggested number from the IRS is used widely) per mile driven to his company. And the actual cost to drive the Model S is about $0.10 per mile. So if he drives 2000 miles per month for his company (100 mile a day) he will 'save', rather net about, about $840 a month due to reimbursement.
If you use this number in your calculations the $0.52 per mile includes fuel, so you can't double dip fuel savings on your company miles.
How much do you save when you upgrade from a 6-cyl S-Class to an 8? How about to a 12? Not much I bet.
Upgrading to an even higher level (Model S) is worth the money. Ask anyone who drives one.
I'm saving $800/month on gas. My previous car was a Range Rover. Insurance for the MS P85 was cheaper than the Range Rover too. And I pay about half the amount in tolls due to green pass rates. I didn't include those savings in the $800/month gas savings, so technically I'm saving even more.