- First Name
- Jason
- Joined
- Jun 15, 2021
- Threads
- 12
- Messages
- 476
- Reaction score
- 729
- Location
- Scottsdale, AZ
- Vehicle(s)
- 22 Maverick/02 Z06 Vette
- Engine
- 2.0L EcoBoost
That is a well informed and pragmatic take on this subject but in case you haven't noticed? Most people are just looking to confirm their decisions, not consider alternative points.LMAO! You did all that math instead of just clicking on the link, that's why you're so oblivious to the point made. Oof...
The link shows the "true cost of ownership calculation" and the reason the number is so high is because it included the cost of depreciation, financing, taxes, insurance, repairs, and maintenance, NOT just the MSRP.
So the point I was trying to make that is completely lost on you if you didn't even click the link is that the difference in fuel cost becomes quite low in comparison to that actual true costs of owning the vehicle. For example, it was well known that a Honda Civic Type R had a virtually identical true cost of ownership to a cheaper Veloster N, despite the fact that the MSRP of the Civic was so much higher. Why? You have to add up all the costs, and depreciation is usually the highest cost you'll pay in owning a vehicle, not fuel usage. The best example of that would be a BMW i3 that uses no fuel, and yet had a really high cost of ownership because it was the highest 5-year depreciation vehicle that BMW sold at 69% depreciation. In the same period of time, a Jeep Wrangler depreciated only 30.9%, meaning that its total cost of ownership despite using so much more fuel than the BMW electric car was much lower.
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