For the past 15 years, I have been commuting with a Prius. My commute to work is 120 miles per day, and we travel to another home on weekends, for a total of 1k miles per week. Our 2007 Prius has over 500k miles, and our 2017 Prius Prime has 240k miles.
I had a MYP on order, but played the "wait for the 4680 game," and my order was dropped. I ended up getting a 2022 MYP as a fleet vehicle in April.
I absolutely love the car. I'm obsessed with it and it brings joy to my life.
Before all the Priuses, my daily was a beautiful Jaguar, which I loved dearly. It made it to 60k miles. I spent too much time at the dealer and was left stranded often. It was a mess. I don't want to deal with an unreliable car again. In the past three months, I have put 12k miles on the MYP, with no issues. I will be giving it back at 14k, but could swap it every 12k miles.
So, here are the goals:
(1) drive a Tesla
(2) not have to deal with the service center
(3) drive something reliable
(4) do this as cost effectively as possible, but cost isn't a huge factor, otherwise I would just drive the Prius
Here are the options for 50k per year useage:
A. Buy a MYP and drive it until it needs a new battery. If I financed it, this would be over 80k. Then, a new battery would be somewhere around 15k. This would be $1349 per month plus $267/month per tires (assuming 25k miles at $1600 according to Costco), and $250 charging if I mostly charge at home (?), plus $70 month tax if divided over 60 months. Total= $1936/month
-this assumes no other repairs
-the car would have 250k miles in five years
-I would potentially need a 15k battery
-battery degradation
-this is assuming no other maintenance or issues
+I would own something in the end
B. Buy a M3 RWD with the LFP battery with the hope that the battery would last longer and drive it until it needs a new battery. This would cost $913 per month plus $49 month in tax. Tires would cost around $260/month. I'll go with $250/month charging.
Total=$1472
-inferior audio
-less range
-I like the MY better (more space and you can camp)
-slower (it felt okay though on the test drive)
+less expensive
+LFP battery for longer battery life
+it still has the Tesla benefits/fun factor
C. What I'm doing currently
Total= $1633 for 4k miles/month or $1413 for 3k miles per month for a MYP
Total= $100 less for a M3P or MYLR, $200 less for a M3LR, ($3k for a Plaid, $2.3k for a MS)
+I can change cars every two months and swap for a MYP, M3P, MS plaid or MX plaid or MS/M3LR
+no battery degradation to worry about
+free Supercharging
+low mileage car, always
+not having to deal with Tesla, it breaks, I get another one
+no maintenance or tires
+I don't need to keep the car in the winter when the efficiency will be an issue (November to March or April in NY, so figure drive it for half a year)
+I could buy a Cybertruck if/when it comes out
+always the latest model/tech
-cost (?)
-I don't own anything in the end
-prices will likely go up after 2022
What do you think? I have never leased a car or similar. The $1600/month isn't life changing (we can afford it). I'm trying to figure out the most logical way of going about this.
I had a MYP on order, but played the "wait for the 4680 game," and my order was dropped. I ended up getting a 2022 MYP as a fleet vehicle in April.
I absolutely love the car. I'm obsessed with it and it brings joy to my life.
Before all the Priuses, my daily was a beautiful Jaguar, which I loved dearly. It made it to 60k miles. I spent too much time at the dealer and was left stranded often. It was a mess. I don't want to deal with an unreliable car again. In the past three months, I have put 12k miles on the MYP, with no issues. I will be giving it back at 14k, but could swap it every 12k miles.
So, here are the goals:
(1) drive a Tesla
(2) not have to deal with the service center
(3) drive something reliable
(4) do this as cost effectively as possible, but cost isn't a huge factor, otherwise I would just drive the Prius
Here are the options for 50k per year useage:
A. Buy a MYP and drive it until it needs a new battery. If I financed it, this would be over 80k. Then, a new battery would be somewhere around 15k. This would be $1349 per month plus $267/month per tires (assuming 25k miles at $1600 according to Costco), and $250 charging if I mostly charge at home (?), plus $70 month tax if divided over 60 months. Total= $1936/month
-this assumes no other repairs
-the car would have 250k miles in five years
-I would potentially need a 15k battery
-battery degradation
-this is assuming no other maintenance or issues
+I would own something in the end
B. Buy a M3 RWD with the LFP battery with the hope that the battery would last longer and drive it until it needs a new battery. This would cost $913 per month plus $49 month in tax. Tires would cost around $260/month. I'll go with $250/month charging.
Total=$1472
-inferior audio
-less range
-I like the MY better (more space and you can camp)
-slower (it felt okay though on the test drive)
+less expensive
+LFP battery for longer battery life
+it still has the Tesla benefits/fun factor
C. What I'm doing currently
Total= $1633 for 4k miles/month or $1413 for 3k miles per month for a MYP
Total= $100 less for a M3P or MYLR, $200 less for a M3LR, ($3k for a Plaid, $2.3k for a MS)
+I can change cars every two months and swap for a MYP, M3P, MS plaid or MX plaid or MS/M3LR
+no battery degradation to worry about
+free Supercharging
+low mileage car, always
+not having to deal with Tesla, it breaks, I get another one
+no maintenance or tires
+I don't need to keep the car in the winter when the efficiency will be an issue (November to March or April in NY, so figure drive it for half a year)
+I could buy a Cybertruck if/when it comes out
+always the latest model/tech
-cost (?)
-I don't own anything in the end
-prices will likely go up after 2022
What do you think? I have never leased a car or similar. The $1600/month isn't life changing (we can afford it). I'm trying to figure out the most logical way of going about this.