In the grand scheme, sticking to a platform and making incremental improvements is the better way over dealing with a whole new animal every half a decade.
But that’s also the same reason a Tesla is more of an appliance than anything. The California Camry.
The condition is very simple - drive slow. Top speed of EPA highway test is 60mph with average of 48.3 mph. Sure other things matter but if you average 48.3mph with minimal stopping and starting your mileage will come close to EPA estimate. Of course, as you say that is a very specific situation which basically no one will ever encounter. And who wants to average 48mph on a highway.
In fairness, in California, the EV capital of America, it’s a lot more than $5 to charge. 75 KwH at SoCal Edison’s time of use rate of 28 cents per KwH is more like 20 dollars. Its very different calculus when time of use rates are more like 10 cents a KwH like in say most of Virginia.
Ignoring differing road surfaces, elevation gain/loss, wind, weather, 60mph on the open highways (aside from secondary rural highways) will draw a lot of ire from your fellow drivers.
The point is, Tesla embellishes their efficiency numbers and often does so egregiously. One can beat BMW’s rated range numbers at 70-75 highway speeds, just imagine if you tested it under the same conditions and speeds Tesla allegedly gets their numbers from.
Good point! At those rates I’d be lining up to charge too haha. I have it lucky in NC. $0.11/kWh electricity.
Each of the 3 trims of the model 3, MYLR, Kia Telluride, and Ford MME. All bought. Does that make a difference?
That’s why the 30 min of free charging is worth it to me… and I also ran out of garage space since the other 2 cars are overnight charging.
But even at SCE’s insane “discount”: off-peak pricing of 28 cents per, it’s still cheaper than gas. 
What massive improvement happened on the updates to the model 3? What massive improvement has been shown on any EV that got updated in 2022–23?
Only the low range EVs like Nissan Leafs have been massively improved.
Not seeing much more obsolescence than on ICEV. The same way a, say, 2018 Mercedes E350 has its valuation today and will continue to depreciate every year. Doesn’t make a huge difference when the new E-class came out. It’s two different buying demographics.
Yes, it does (even though you avoided saying how long they were kept as was asked).
Was wondering why your advice in almost every post is basically to never lease, that selling a car before the wheels fall off will always make the transaction one that is upside down, and why you apparently feel almost every transaction that anyone makes and posts about on LHer is akin to the Great Recession/Depression when it comes to finances.
Either you haven’t been here long enough or are cherry-picking. I have always been and have always recommended that these decisions be non-dogmatic, i.e. to lease when it makes sense to and vice versa.
In 2018, most of the EVs other than tesla were low range lol. A 18 Tesla M3LR had the following specs: 0-60 in 5.3, $50k and 310 miles of range. A 23 M3LR goes 4.2, $47k and 333 miles of range. Sure, it hasn’t really changed in 5 years other than the pricing but we are having historic inflation yet the price is lowered. If you figure inflation it’s a 20% discount lol (18 M3LR costs $60.8k in 2023 dollars). That’s pretty significant imo.
And it doesn’t necessary have to be a 2018 Tesla vs a 2023 Tesla. I was talking about the industry as a whole. In 2018 BMW had the i3. Now they have the IX, i4, and the i5. The i3 was 45k and had 114 miles. Now the i4 is 52k and 276 miles of range. Double the range and cheaper (after adjusting for inflation)
Going back to the E class. A 23 E class starts at 58k, a 2028 starts at 53k.
I’ve been around more than long enough to see that 90% or more is a pattern that would make for a very large bag of cherries.
I think you’re missing the forrest through the trees here. As an owner of a 2018 Model 3 LR I agree the new one is an incremental improvement, but the Model 3 itself was a massive outlier when introduced making the comparison less impressive. Chose something from 2017 and you’d get a very different answer.
Stepping back on average EVs are improving at a tremendous rate compared to ICE cars. Take average range, for example (2009 is the Tesla Roadster, such an outlier because it was essentially the only EV):
I think that agrees with my point. The only ones showing massive improvement are the ones that had really low range, they were behind the curve.
The curve since 2022 (if not earlier) has been at high 200s / low 300s mile range in the $45-50k price range. I am not seeing massive improvement from there.
I have no idea what’s supposed to mean. If programs are bad, that’s on the captives/banks not on me. Don’t shoot the messenger.
If you’ve seen a quote or deal check that I called a bad lease and you thought was great, feel free to post some examples
Leasing generally is a suckers play except in a minority of cases . Most people should finance most vehicles.
What? Blasphemy! What site is this?
Should be called saleshackr since I only had 1 deal that was a lease lol.
You know exactly what it means. My earlier statement about you making noise in almost every post about never leasing, driving until the wheels fall off and your opinion that every person is somehow making a mistake on almost every deal posted speaks for itself.
If you are an idiot, struggle with basic math or can’t figure how it makes sense tax-wise for your business to lease - then I agree.
Plenty of good deals to be had leasing vs. financing.
“Most”
10 char. Vast majority of people leasing cars aren’t doing it for biz tax deductions
This is the way. Death before Minivan
