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@scott1988 Yes, fun thought experiment. Even more interesting when you consider that car subscriptions might be the future - no initial purchase price, just a monthly cost (kind of like everything else that's moved to subscriptions like music/movies/phones). EV's suit this as it allows for a...

@scott1988 Broadly speaking, the saving in petrol may cover your interest cost (if you charge with solar for example). The saving on repairs of an older luxury or European car may cover your devaluation costs (not uncommon to have a multi-thousand-dollar repair annually on these vehicles)...