tattoogunman wrote: It's also one of the reasons why I have reservations about EVs in general because if I were to pick up a used Leaf (since I cannot afford new), there is no way I would ever be able to cover the cost of a replacement battery pack.
One lesser known trick is to put aside the money you save in fueling for the day you want a new pack.
I bought my used LEAF for ~ $8000. A replacement pack costs $6000.
That should be good for 10 years for most people, or about $120 a month. If you save around $50 a month on fuel, an equivalent ICE vehicle would have to cost around $70 a month.
Not a bad idea, but I have been playing around with my numbers the last few days regarding maintenance, fueling, etc. Because I drive my current car so little as it is (Fiat 500), I do my own work on the car, and it is very economical (36-38mpg), I figure any money I would realistically save in fuel costs would be offset by how much my insurance would go up if I were to get an EV.
I have been looking at the Volt, Bolt, and Leaf and all of them will make my insurance go up anywhere from $500 to $600 a year. As it is, I am only spending approximately $500 to $600 a year in gas (at current prices), so I would essentially be at a break even point if I got an EV. In all actuality, it would actually cost me more to get an EV right now because I would end up having to pay for my electricity to charge the car and that would push me past the break even point when comparing my current car to an EV. Granted, my required maintenance would go down, but I am only spending around $50 to $100 a year for maintenance on my Fiat, so that isn't a huge savings.
There are very few public charging stations in my area. The only chargers available on my campus (born again college student in my 40's) require the "premium" parking permit (which is BS) to use and that would also cost me more money since I usually park out in the nosebleed area and walk a few miles a day on campus.
Here is an approximate (stress approximate/average here) breakdown of my yearly car usage for reference - again, I am sort of an extreme conservative case at the moment:
Miles driven per year - appx. 7000
Average fuel fill ups - appx. 16 fill ups per year (I only have to get gas every 3-4 weeks) at a cost of appx. $500 (that's at a rounded up average of $30 a fill up since the car requires premium, but there are times where I don't fill the car all the way up)
Maintenance - on average, maybe $50 a year for oil/filter change since I am only averaging one a year. I have had to replace two tires and the spark plugs if you want to factor that in (still not much).
Current Insurance (for my car, not including the wife's car) - $1450 per year (it's high where I live thanks to this area being in the top 10 for accidents in America. Could get a bit cheaper, but I also carry full coverage and gap insurance).
So playing around with those numbers, on a very loose average, I am spending around $2500 a year on gas/maintenance. If I replace this car with an EV, I would save the $500/year on gas, but that would be negated by insurance going up. Now, the maintenance costs would go away (sans tires eventually), but that would still only be saving me around $50 a year or so and I would then have to factor in what electric would cost me (not much, but I am still not going to see fantastical savings).
This is why the whole EV thing has been driving me nuts. I'm the ideal candidate for one, it's just not cost effective for me at the moment to make the switch. I'm due to graduate at the end of this year and more than likely I am still going to be working at someplace within a ten mile round trip commute from my home. I just cannot justify the expense and that isn't even factoring in the purchase price of the EV to begin with.