Regrets buying my Nissan LEAF EV

I wish I could have bought a Tesla.

I’m still super-glad that I switched from an ICE (Internal Combustion Engine) car to an EV.   I do get a little twinge when I see a Prius Prime plug-in-hybrid, however, I have to go back to the big deciding factor:

$300/month.

Yep.  That was the number.   I couldn’t do it with my initial reservation .. maybe I could have done it with the 2019 base Model 3, however, I love technology, and … that would not have been honest with myself.   At least the technology package and AP2, which brings that up to $43k.

However, before I get too far in to my pity party, I need to review:

ICE Car Used Leaf in my Price Range My future Tesla
No Gas!
ditto
Super quiet + Jet engine sounds
ditto
Nice acceleration
Even better acceleration by the numbers
Remote start A/C and Heater
including a timed heater start in the garage because no emissions.               
ditto
All-Around-View Camera
Could happen
Inexpensive maintenance
– no oil changes, etc.  Service every 18k miles.
ditto, except about $600/y with prepay options.
Prius got to 15 cents per mile. Inexpensive per-mile costs
– 3 cents per mile
ditto
Many inexpensive ICE cars available. Reasonable Car Cost
– 28 cents per mile (assuming 60k miles payoff)
Not there yet.  Best I could do was around $1/mi at the moment.
Can fit many things Awkward, can’t really fit all the stuff that I could fit in a Prius. I hear its better.
Easy around-town range as long as you visit your gas station 85mi is almost enough. Almost.  There are chargers that make things better. Much better ranges
Long Distance Travel. Not in the Midwest. I can perhaps get to Cincinnati, if I go at 60mph. Superior infrastructure and range.

To be fair, the newer Nissan Leaf had a better range, which solves some of the problems, and if I had done a lease, I could have gotten as low as $300/mo.   However, there’s another angle – I wanted to experience the frustration of a short range EV. So that I have a realistic sense of what was possible/what is not, so I can point people at stuff that’s even better than what I have.

How close till my future Tesla?

If I back track the $ trail – lets say $400/mo (car payment, I’m not adding the $90 in gas that I don’t pay anymore) – at 3.5% APY that gets me to around $21k.   How long till a used Tesla gets down to $21k?

If you go to https://www.cargurus.com/Cars/price-trends/Tesla-Model-S-d2039 and play with the dates, I can currently find this chart:

image

See that little rise at the end?    Annoying.   And, It seems to take about 3 years to drop .. about 40%.  Also note they have no info on price trends for model 3’s and model X’s.

Another tracker:  Used car listings on carguru.com showed the cheapest model three at $51k.

Another tracker:  Used car listings on Carmax … only show Model S’s, and they are way more expensive than the used cars at Tesla.com.

Another track would be a much larger car payment, but .. that’s not something I’m willing to bet 5 years of cash flow on right now.

Its safe to say .. not soon.

So here I am.  I DO love that I’m driving an EV;  Yes, its a bit hard and clunky in some ways; but give it a few years or so (time goes by faster as I get older) and lets see.