Tesla's Robotaxi Vehicle Will END Car Ownership - A Staggering Difference In Economics
- by Torque News
- Oct 19, 2024
- 0 Comments
- 0 Likes Flag 0 Of 5
The True Cost Of Car Ownership Compared To Just Hailing A Ride In A Tesla Robotaxi
In an age where technology promises not just convenience but also financial prudence, the traditional model of car ownership stands at a crossroads.
With Tesla's introduction of robotaxis, potentially offering rides at a rate as low as 20 cents per mile, the economics of owning a car versus hailing a ride deserves a closer look.
Here's an in-depth comparison highlighting why opting for a Tesla robotaxi could be significantly more cost-effective than owning a car, focusing on a vehicle with an average price of $40,000 and annual usage of 10,000 miles.
1. Big Upfront Payment
Purchasing a new car often requires a substantial down payment or full payment upfront. For our $40,000 car, even with a modest down payment of 20%, you're looking at $8,000 out of pocket immediately. In contrast, using a Tesla robotaxi involves no such initial capital outlay.
2. Sales Tax
Depending on your state or country, sales tax on a new car can add thousands to the cost. For instance, a 7% sales tax on a $40,000 car adds $2,800. Robotaxi rides are typically taxed at usage, which would be included in the per-mile cost.
3. Depreciation
Cars depreciate rapidly. Within three years, a new car can lose up to 60% of its value. For our $40,000 car, this could mean a depreciation cost of $24,000. With depreciation, that is money that is gone. Tesla robotaxis, being a service rather than an asset, relieve users of this burden.
However, owning a Tesla in the future and not some other car, could surpass depreciation and make the car an appreciating asset as it becomes a robotaxi that makes money for you.
4. Yearly License & Registration
Every year, there's the cost of renewing your vehicle's registration and license, which can range from $70 to $200 annually. Over five years, this could total around $500 to $1,000.
5. Remember to Put Those Little Stickers On
Inspection stickers, parking permits, or any special tags can add small but recurring costs. While minimal, these are costs avoided with a robotaxi.
6. Pay to Park It
Parking fees in urban areas can be substantial. If you pay $10 per day for parking, over a year, that's $3,650. Robotaxis are utilized continuously, reducing or eliminating this cost for users.
7. Pay to Fuel It
Assuming 25 miles per gallon and gasoline at $3 per gallon, driving 10,000 miles would cost $1,200 annually. Robotaxi pricing already includes this.
Please first to comment
Related Post
Stay Connected
Tweets by elonmuskTo get the latest tweets please make sure you are logged in on X on this browser.
Sponsored
Popular Post
Tesla: Buy This Dip, Energy Growth And Margin Recovery Are Vastly Underappreciated
28 ViewsJul 29 ,2024