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Old 12-06-2007, 02:20 PM
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FastMover FastMover is offline
Old Boomer Techie
 
Real Name: BobB
Location: Pacific Northwest (WA)
Hybrids: '07 TCH (Titanium)
Posts: 531
Post Re: $3.25 per . . . sells a lot of hybrids

...$3.25 per ...?

Totally bogus of course. I can operate my TCH for a lot less than that even with a reserve fund for battery replacement.

Six year life fully amortized to $0 at 20K miles per year.

Indirect Operating Costs:
Acquisition cost: 32K or about 26.6 cents/mile
Insurance: 1400/year or about 7 cents/mile
Licensing (Good in WA) $68/yr or .lt. 1 cent/mile
Battery Reserve ($3800/120K or about 3.2 cents/mile

Direct Operating Costs:
Fuel $3.50/gal @ 40 MPG (conserviative for me) or about 8.8 cents/mile
Service, incl. minor consumables Avg $200 @ 5K intervals = 4 cents/mile
Service, Major Consumables (Timing Belts, Tires, etc.) 6 cents per mile

Does not include garage or cleaning as I would need to do that for any car.

All of which gives approximately 56.6 cents per mile, even with the battery overhaul reserve and/or a battery pack swapout at 80Kmiles. I have tracked the costs from purchase, and so far I see no reason to change this model.

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It is the ignorant among us that will eventually destroy us all.
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