My purchase price for Touring was $35,000 exactly. Not the best by far (from this forum) but that's what it was here. I got 10K back in rebates (actually $10,300) between state and federal and utility, so in my mind my cost was really 25K. i.e. The catch being one may have to wait up to about a year to get the non-refundable $7500 tax break. Anyway, a Honda Fit is a reasonable economy car, also costs 25K new. So if one can carry the 7.5K so to speak until they get their rebate (assuming they have that much tax liability or can generate such), the Clarity is a much nicer vehicle for similar dollars overall. And perhaps too complicated to mess with but if your loan is 1.9%, it's easy to invest the rebate money and make more than 2% (if you go that way). Anyway, the math works out. It's not just a good car. It's a good car at a reasonable price. I'd add even used 2018 Clarity with 50K miles is selling for 25K on Carvana. So if you count the rebates, one can get out of their Clarity after driving it for 4 years at very little cost. But I wouldn't want to. (oh and after I wrote this I found out Honda Fit has been discontinued in 2020. Yikes- too bad, that was another decent car)
Maybe I'm the only one here enjoying the high fuel prices. Family land here in oil country has 3 oil and 2 gas wells on it, monthly royalty checks have gone through the roof. Putting it away for a rainy day.
Another factor that will shorten the “payback period” is increasing electricity rates over time. We’re a couple of hours north and with Pacific Corp/Pacific Power. They are currently proposing a 6.8% increase. However, the increases will be applied differently to various types of customers, residential, commercial, industrial. As proposed, residential customers would see an increase of approximately 13%. So, you/we will be offsetting more costly electricity with our solar panels.
So, I have been pushing my push mower for the past 7 years saving for a rideon. This year, I saved enough to buy one and gas prices told me to get a battery powered one. So, here we are, I got 15hrs on it exactly for this reason and I have a hard time with carburetors. Sent from my iPhone using Inside EVs
I have more than 350 hours on the Kawasaki powered Cub Cadet Z-Force over the past 10 years. Zero carburetor issues.