How much it cost me for 8,520 miles

I have averaged 3.6 miles per kWk, so that works out to 2,366 kWh. My location for home charging plays a big role in my cost for charging. Our electric rate is 2.7 cents per kWh.
Sweet !!!!
 
The one thing to consider is the tire replacements. The electricity is mostly dirt cheap.. but tires adds quite a bit to the bill.
 
In San Diego the peak rate for our EV-TOU5 rate plan is 81.629 cents per kW. We don’t turn much on between 4-9 pm. Of course the gas price is $5.47 per gallon so pick your poison.
But it's only 15 cents from midnight to 6am. If I'm charging at home, the scheduled charging in the car starts at 12:01am.
 
But it's only 15 cents from midnight to 6am. If I'm charging at home, the scheduled charging in the car starts at 12:01am.
Here is our rate 2.7 cents 24 hrs a day. 100 percent green renewable energy.
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Hate to be a party pooper, but our biggest expense of ownership is depreciation.

I paid $139k for my AirGT in October 2022, and a year later it has lost about about $40k in value over 9,373 miles. That’s roughly $4.26 per mile, which is way more than the fuel savings compared to an ICE luxury car that would have less than half the depreciation loss.
 
Hate to be a party pooper, but our biggest expense of ownership is depreciation.

I paid $139k for my AirGT in October 2022, and a year later it has lost about about $40k in value over 9,373 miles. That’s roughly $4.26 per mile, which is way more than the fuel savings compared to an ICE luxury car that would have less than half the depreciation loss.
To be fair that’s a luxury vehicle thing.

But the point is valid to some extent.
 
Chelan County PUD in Washington state. If you own an electric car, it is the best place in the country to live.
The Pacific northwest is blessed with both plentiful water and hydroelectric power...
Although we have neither in Southern California, the abundant sunshine allows for year round solar power😎
 
Hate to be a party pooper, but our biggest expense of ownership is depreciation.

I paid $139k for my AirGT in October 2022, and a year later it has lost about about $40k in value over 9,373 miles. That’s roughly $4.26 per mile, which is way more than the fuel savings compared to an ICE luxury car that would have less than half the depreciation loss.
Driving your car more with decrease your cost per mile and make you happier!

But seriously, the depreciation has been rough for the Lucid Air. If I had known I might have bought a lightly used one. But since I plan to drive it into the ground, I'm not as worried and the cost per mile will go down as depreciation slows...
 
I'm willing to bet that in the not-too-distant future, there will be a lot of charges available for free to entice EV owners to shop and spend their money. Slow free chargers will create business.
Valley view casino provides slow free charging. You have to avoid gambling losses for it to be really free.
 
Hate to be a party pooper, but our biggest expense of ownership is depreciation.

I paid $139k for my AirGT in October 2022, and a year later it has lost about about $40k in value over 9,373 miles. That’s roughly $4.26 per mile, which is way more than the fuel savings compared to an ICE luxury car that would have less than half the depreciation loss.

That’s an expense incurred only if you’re planning on selling it TODAY. I’m not. I’m keeping mine until the wheels fall off. If I were selling my car today it would be worth even less than yours because of its mileage - 27,000 miles. Also, luxury cars typically depreciate at a much faster rate than say, a Honda Accord or a Toyota Camry.

I bought my Air GT for $139K also, eyes wide open, completely cognizant of the fact that I was about to make a really terrible financial decision. Not catastrophic, merely terrible.
 
That’s an expense incurred only if you’re planning on selling it TODAY. I’m not. I’m keeping mine until the wheels fall off. If I were selling my car today it would be worth even less than yours because of its mileage - 27,000 miles. Also, luxury cars typically depreciate at a much faster rate than say, a Honda Accord or a Toyota Camry.

I bought my Air GT for $139K also, eyes wide open, completely cognizant of the fact that I was about to make a really terrible financial decision. Not catastrophic, merely terrible.
I am with you. No surprises on resale levels for cars around our initial price. Of course, how does one measure the pure joy of driving an Air vs. virtually anything else available for any price? Also, the operating cost of the Air will vary as discussed in the comments above, but is still lower than an ICE vehicle over time notwithstanding charging and fuel costs.
 
I have averaged 3.6 miles per kWk, so that works out to 2,366 kWh. My location for home charging plays a big role in my cost for charging. Our electric rate is 2.7 cents per kWh.
At 2.7 cents/kWh, it Is almost too cheap to meter. Here in Maine I enjoy 27 cents/kWh delivered.
 
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