I'm happy that oil prices are going up

https://lemmy.world/post/44197528

I'm happy that oil prices are going up - Lemmy.World

Lemmy

Why?
Because of climate change and my hatred of breathing in diesel fumes when a truck passes by. I want to see more efficient electric vehicles. With gas prices high the alternative becomes more viable, and it exposes how volatile fossil fuels are.
I agree, but expecting change in the next 6 months, maybe up to five years, is unrealistic, particularly under a government that actively encourages the use of fossil fuels.
But it can be a waking call for many people that didn’t though about changing to EV and solar panels.
I can buy so much diesel for the price of an EV. Those are completely out of my price range and higer fuel prices aren’t going to change that.
While I don’t know your use case or required vehicle type, there are many EV’s around $35K and tons on the used market for way less. There are tons of things to calculate but assuming a diesel vehicle is driven about 10K miles a year, you’ll spend around $2K/year on that, yea? Every year you own the vehicle you can deduct that from the purchase price to get the Net Present Value of the vehicle as home-charging rates are negligible at around maybe $100 a year. If you own it for 5 years, that vehicle could be considered to have cost you roughly $25K, net. 10 years would be $15K net. Then there’s the lower maintenance cost on EV’s to consider, as well. In the long term, EV’s aren’t as expensive as people think but you have to have the funds to cover the high purchase price at the start and plan to own the vehicle for a long time. As gas prices rise, these calculations only improve for EV’s and worsen for gas-powered vehicles. A helpful metric to use is that gas vehicles cost about $0.30/mile to run and EV’s, when charged at home, cost about $0.03/mile.

35k is a completely outrageous price to pay for a vehicle. That covers my fuel for 17 years, but it wouldn’t even buy me an equivalent EV. Those are up from 50k used.

I don’t have anything against EVs on principle. I just can’t afford one - whereas I could total my work truck tomorrow and just buy a new (used) one. Or five.

There’s about 8k between the cheapest EV and the cheapest gas car. Whatever difference is overshadowed by the cost of gas.

You are looking for reasons.

I have no use for the cheapest EV. I need a vehicle that’s able to transport more than just me. My livelihood depends on it.

Tell that to Amazon. They have changed all its vans to EV. You should warn them that they are making a mistake.
Can you be any more disingenuous? Have I claimed that switching to an EV is a mistake? I can’t afford one. I’m a struggling solopreneur with a 17-year-old pickup truck. If I had the level of expendable income Amazon has, I’d be more than happy to splurge 80k€ on an equivalent EV.
I’m not a long distance driver and I have driven 40K Km. That, with a diesel, would have costed me near 4K€. I’ve spend less than 1K€. And remember: no oil change, less moving parts, less noise, …
You just keep ignoring the price of the vehicle itself.
Look for the difference in price and think how many Km you have to drive to get back your money. Even if it’s 20K it will be cheaper if you use it for work.
35k€ buys me fuel for 17 years, but it doesn’t buy me an EV pickup truck. Those cost upwards of 50k€ used. I drive an ancient truck for a reason - I don’t have that kind of money to throw at a new one. Telling me to spend money I don’t have now so I can “save” it in the future is just ignorant.
It’s completely fair that these vehicles are still out of your price range! It’s also valid that the vehicle you have now has a slightly higher usage cost than an EV. Right now the financials still don’t work for your use case, mostly because you need a truck so I get where you’re coming from. While the market matures, I’d expect we will eventually see more EV truck options at more reasonable prices and then the used market will also expand. I found an F150 lightning (discontinued) for $22K online. We’re not far from the reality where most people in the market to buy a car can afford the upfront price of an EV but we’re definitely not there yet. I will say that I have saved around $9k on gas alone in the almost 6 years of ownership of an EV sedan. However, my net cost is still over $30K without factoring in the low maintenance costs.
I agree with this completely, especially with gas prices rising now, even more so.