I have been trying to justify the speculated high price of the Model X by comparing it to other cars. I have no problem convincing myself, but my wife will be a lot harder. 95k for a car is not reasonable for a lot of people, but if I can show here that the cost is much lower compared to other ICE cars that she would consider, then I may have a chance at getting the battery size and options that I want.
We need a car that seats 6 - 7, so I have compared large SUVs for the most part. I don't like minivans and am not aware of an EV minivan. I estimated the price of the X using Model S prices and options. I am hoping they will be very close. The TCO data I used is based on what I found at Edmunds and Kelly Blue Book. Cost of fuel is based on prices in Ottawa, Canada. Some of the vehicles also require premium gas, which accounts for the higher prices. I estimated the depreciation based on the lowest amount out of all of the vehicles and took off a bit more because I believe the X will hold it value more (maybe this is wishful thinking?). This seems to have been the case with the RAV 4 EVs that can be found on eBay, but these used a different battery technology, so it may not be a valid comparison.
Maintenance and repair are areas that I have no idea. For repairs, I went with the lowest number for the ICE cars. My estimate for maintenance is likely completely off.
At around 8 years the Model X becomes the cheapest car to own and operate.
Any changes that members would recommend? I fear i might have played with the numbers in the X's favour a little too much. :redface:
We need a car that seats 6 - 7, so I have compared large SUVs for the most part. I don't like minivans and am not aware of an EV minivan. I estimated the price of the X using Model S prices and options. I am hoping they will be very close. The TCO data I used is based on what I found at Edmunds and Kelly Blue Book. Cost of fuel is based on prices in Ottawa, Canada. Some of the vehicles also require premium gas, which accounts for the higher prices. I estimated the depreciation based on the lowest amount out of all of the vehicles and took off a bit more because I believe the X will hold it value more (maybe this is wishful thinking?). This seems to have been the case with the RAV 4 EVs that can be found on eBay, but these used a different battery technology, so it may not be a valid comparison.
Maintenance and repair are areas that I have no idea. For repairs, I went with the lowest number for the ICE cars. My estimate for maintenance is likely completely off.
At around 8 years the Model X becomes the cheapest car to own and operate.
Any changes that members would recommend? I fear i might have played with the numbers in the X's favour a little too much. :redface: