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Mar 27, 2024
1:26
:38
pm
Longseason
Intervention Needed
So what your saying is that you lost money compared to buying a used 2012 Camry
when all costs are considered.
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Longseason
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panacablue
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Longseason
Joined
Jul 18, 2010
Last login
May 20, 2024
Total posts
18,066 (58 FO)
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Messages
Author
Time
Here's my experience of Gas vs Electricity cost for my Car
Malacis
Mar 27, 1:20pm
how does insurance compare on tesla to ICE car? any difference?
claw
Mar 27, 1:22pm
Tesla has great safety features that help insurance. But the repair cost and
JAGA97
Mar 27, 1:25pm
So what your saying is that you lost money compared to buying a used 2012 Camry
Longseason
Mar 27, 1:26pm
Yes, a 12 year old Camry would be cheaper. But not super comparable
Malacis
Mar 27, 1:28pm
Is the tax credit absolute or only reduce taxes owed?
Florwood
Mar 27, 1:29pm
It is a non refundable credit. Only applies to tax you would owe. Same for solar
JAGA97
Mar 27, 1:30pm
No, I think leasing the car is the loophole to get around this and income limits
Malacis
Mar 27, 1:36pm
Wasn't aware you were leasing. The credit is given to the finance company
JAGA97
Mar 27, 1:42pm
Awesome huh. I own mine, but just for the original scenario posted for someone
Malacis
Mar 27, 1:45pm
The bigger point, more cars are eligible if you lease the car
CougarVeteran
Mar 27, 1:45pm
Maybe... It's definitely of note for those who don't have
Malacis
Mar 27, 1:48pm
There is a leasing loophole (Hello Lucid's 18 month lease plans)
Zoobieman
Mar 27, 1:57pm
Well... it's twice the price. And they lose 200k+ per car sold. I hope they at
Malacis
Mar 27, 2:01pm
When you say twice the price, I assume you are comparing to M3/MY
Zoobieman
Mar 27, 2:09pm
Should be instead compared to Tesla price equivalents. Is lucid Air light years
Malacis
Mar 27, 2:17pm
You're the one that said "Twice the Price" referring to M3/MY
Zoobieman
Mar 27, 2:32pm
I think the best in the same price range is the Hyundai Ioniq 5 and 6/Kia EV6
CougarVeteran
Mar 27, 2:48pm
Not true on the auto credit any longer
CougarVeteran
Mar 27, 1:41pm
Your post indicates it is still a non refundable credit.
JAGA97
Mar 27, 1:44pm
The link specifies it:
CougarVeteran
Mar 27, 1:48pm
Edmunds link about EV Lease Tax Credit loophole
Malacis
Mar 27, 1:57pm
Where are you finding this $386 payment?
Plato
Mar 27, 1:38pm
RE: Where are you finding this $386 payment?
Malacis
Mar 27, 1:43pm
$7500 tax credit? No one on CB is eligible for that. Work your #s
kotacoug
Mar 27, 1:39pm
By leasing, both too low of income to utilize it and too high of income to quali
Malacis
Mar 27, 1:40pm
Wait. I thought CarolinaCoug was blind. He's driving?
Jesse Pinkman
Mar 27, 1:41pm
Man my home electricity costs almost 4x what yours is.
JuicyJam
Mar 27, 1:54pm
Do you live in Hawaii?
Malacis
Mar 27, 1:56pm
Bay area. My most recent bill was $0.48-0.51/kWh
JuicyJam
Mar 27, 1:59pm
Wow.
Malacis
Mar 27, 2:06pm
I bought my car 4yrs ago for 11k worth 8k now so that's $62.50 +$130 = 192.50/mo
ochobeeguy
Mar 27, 2:01pm
Dont forget the savings on no scheduled service.
CAPX
Mar 27, 2:05pm
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