I drive roughly 100 miles/day for work, so I put on about 22k-23k miles a year. I spend roughly $5k/year on gas and I’m ready to not do that anymore. The bolt seems to fit for what I need in terms of battery range, power and size. Thinking about price point, with government subsidies I think I might be able to get a used one for a shade under $25k (this is CAD). What I fear though is that in the time it takes to recoup initial cost (I would assume about 6 years considering the cost difference between charging vs paying for gas is roughly $4k/year), the batteries would be pooched (remember this is assuming I’m buying a used vehicle so who knows how much wear is already on them) and the 100k mile battery warranty (if it still applies to a used vehicle I don’t know) would already be spent.
So what do you think? Will the batteries last well enough beyond the time it takes to recoup cost (roughly 6 years) that it would make a purchase worth it?
P.s I will also have to install a dedicated line and meter at home for the charger, which I assume will be around $2k but have yet to get a quote. So that brings the cost recoup timeline closer to 7 years
So what do you think? Will the batteries last well enough beyond the time it takes to recoup cost (roughly 6 years) that it would make a purchase worth it?
P.s I will also have to install a dedicated line and meter at home for the charger, which I assume will be around $2k but have yet to get a quote. So that brings the cost recoup timeline closer to 7 years