I hadn't thought much about it because "saving money" really wasn't a reason that we bought our EV. I mean sure, it made it easier to justify financially because of all the fuel savings, but it wasn't the reason we made the switch. Fast forward to high gas prices in 2022 and this seemed to piss off people and they misdirect their anger at EV drivers. So have been fielding a lot of really stupid comments. The comments peaked when gas prices peaked. Haven't heard much lately. Anyway, in that defensive mode, I just started thinking more and more that our car will entirely pay for itself in 5 years, with fuel savings. As I explain to people that their truck/SUV cost more than my $17,000 used EV. That it's not going to take 100 years to break even on the "extra I had to pay for the vehicle."
I suppose I was more focused on the splurge and the luxury of it. But as I correct people, I am just thinking more and more that it's entirely paying for itself (very quickly) in fuel savings.
I do want to come up with some kind of tracker. It's probably pointless because I don't care enough to put much thought or energy into it. But I've already done the math at $4/gallon gas prices, which is where things have settled here and mostly been at. The only rub is that we need both the hybrid and EV to save $3,000 per year on fuel. So that is why the breakeven will only be 5 years on the EV. I'd like to do that countdown first and then circle back to the hybrid. (Both of these cars will entirely pay for themselves.) It's very intertwined. With the EV, we are able to keep all of our driving on electric. I take the EV if I have to make a stop before/after work. Or if I don't have time to charge the hybrid after work but have plans after stopping home. Then I switch out the cars.
This is another reason "fuel savings" wasn't a big motivator for this purchase. MH mostly commutes 6 miles roundtrip. I probably didn't anticipate how our household would just go all-electric with the EV purchase. How much I'd switch my driving to the EV.
On the flip side of the coin...
We are learning. It's new technology and new things to figure out.
MH didn't listen to me about getting OEM tires to keep 300-miles range. He picked up some other tires and the range has been terrible. 99% of the time it just doesn't matter, but it is very noticeable on bigger trips. He got new tires last August. We noticed when we drove MM(19) back to school, but the car was also loaded down with stuff. It was the first time we had moved his stuff in the EV.
If MH were a single man, I think he's just suffer and live with his bad choice. I've told him since that trip to just buy OEM tires. He has to get over the sunk cost. I've mentioned it a few times but he's really digging in his heels.
We drove MM(19) back to school a couple of weekends ago and MH finally let it go. He told me on that drive that if someone told him he could spend $800 to increase his fuel efficiency by 20%. I mean, duh. It's a no brainer. It took some time, but he's got over the sunk cost.
Pretty much the next day he got new tires on the car. I am holding my breath a little bit because he is still being difficult about the OEM tires (harder to get) and is trying some newer electric car tires. These EV tires came out a couple of weeks after we bought the other tires. Talk about bad timing.
MH did end up driving to the Bay Area yesterday, helping his parents with stuff. It's hard to guage because temps were unusually low. But it sounds like these tires might be the sweet spot. A little higher quality but built for the electric car. More quiet, and more efficient than the last tires.
Will give it some more time. If we are really happy with these tires, I will buy the same tires for my car this summer. If there's still some range hit, I might just go with the OEM tires again. (Both our cars had the same OEM tires.)
After searching used tires on FB and Craisglist... Ugh! I had no idea there would be thousands of tires for sale. This got my wheels turning. I thought maybe we could just put the non-EV tires on the kids' car. I just looked it up though and it's not the right size. That is a super bummer because as I look it up, it's probably getting time to change those tires too. We will be spending a lot of money on tires, but then should be good for a while.