In most U.S. zip codes, electric vehicles are cost-competitive with their gas-powered counterparts, according to a new study. And regarding emissions benefits of EVs, individual driving patterns matter as much as regional factors like the local electricity mix.
Most people can’t repair a car themselves, especially true if it’s something more complicated than brake pads and rotors. If you adjust your numbers to reflect what it would have cost if you had to pay someone for repairs I’m guessing it might seem a little crazy to invest that much in such an old car. If one were in a wreck and the car was totalled, insurance pay out wouldn’t get close to the amount invested.
Me… I’m still driving a 20 yr old car. Low mileage since I’ve worked from home most the time I’ve owned it, but it’s definitely showing its age. I can afford a new one but why would I want to right now? It still runs well and I have no desire to drop $50k on something to replace it. Happy now to keep my money saved.
Most people can’t repair a car themselves, especially true if it’s something more complicated than brake pads and rotors. If you adjust your numbers to reflect what it would have cost if you had to pay someone for repairs I’m guessing it might seem a little crazy to invest that much in such an old car. If one were in a wreck and the car was totalled, insurance pay out wouldn’t get close to the amount invested.
Me… I’m still driving a 20 yr old car. Low mileage since I’ve worked from home most the time I’ve owned it, but it’s definitely showing its age. I can afford a new one but why would I want to right now? It still runs well and I have no desire to drop $50k on something to replace it. Happy now to keep my money saved.
If you’re poor, you learn how to do these things.