Thinking of buying a 2022 taycan 4s, but trying to calculate the real cost of ownership per year

[SergeyIndy]

Sergy! Check your electricity rates. I have a sales rep living in Indy who drives an EV (Tesla unfortunately) and I paid to have a wall charger installed on a separate meter in her garage. The result is that her Indy utility company sells her juice, overnight, at the special EV rate of $0.01/kWh. It is so cheap that after three or four years, she has never bothered to include electricity costs on her expense report (a sharp contrast to her ICE driving brethren). I don't remember the cost to put in the separate meter (maybe $1000) and I do not know who provides her utilities, but it is worth looking into if you are currently paying $0.15/kWh.

That is certainly very compelling, and I saw something in the mail but never went through it. I am using $0.15/kWh as a general guideline, but I am sure it is a little more expensive and I do charge at home all the time, although I still have free EA charging until June 2026 and can charge at dealer at no cost as well but do not bother. I will definitely explore as I am putting a lot of miles.

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[kuku]

Sergy! Check your electricity rates. I have a sales rep living in Indy who drives an EV (Tesla unfortunately) and I paid to have a wall charger installed on a separate meter in her garage. The result is that her Indy utility company sells her juice, overnight, at the special EV rate of $0.01/kWh. It is so cheap that after three or four years, she has never bothered to include electricity costs on her expense report (a sharp contrast to her ICE driving brethren). I don't remember the cost to put in the separate meter (maybe $1000) and I do not know who provides her utilities, but it is worth looking into if you are currently paying $0.15/kWh.

Hi,
Unfortunately, live in bay area in California, the rates are much higher here. At best , half the cost of gas if it is 5 dollars gallon

 

[W1NGE]

Thanks... I hope more people will post their cost so I can get a sense. Eventhough we live in different counties...

UK - insurance £550, home charging primarily - £5.60 for a full battery - cheap as chips to run - 9K miles per annum so only a service in two years £700.

£1500 max per year to run.

 

[kuku]

UK - insurance £550, home charging primarily - £5.60 for a full battery - cheap as chips to run - 9K miles per annum so only a service in two years £700.

£1500 max per year to run.

Wow... that is pretty cheap.

UK - insurance £550, home charging primarily - £5.60 for a full battery - cheap as chips to run - 9K miles per annum so only a service in two years £700.

£1500 max per year to run.

Wow, very cheap to run. Why is the car insurance so low and you dont need to pay extended warranty?. So the area you are from dont need to yearly car registration?

 

[gkondyl]

UK - insurance £550, home charging primarily - £5.60 for a full battery - cheap as chips to run - 9K miles per annum so only a service in two years £700.

£1500 max per year to run.

I would like to know where you managed to get £550. Thanks

 

[W1NGE]

Wow... that is pretty cheap.

Wow, very cheap to run. Why is the car insurance so low and you dont need to pay extended warranty?. So the area you are from dont need to yearly car registration?

First off I'm old (!) and have a clean driving record so fully comprehensive insurance is cheap.

Annual road tax is the one thing I forgot to include but historically this has been £0 in UK for EVs but now £190 per annum.

3 year warranty and 3 year Porsche Connect was standard (now 10 years).

The cost of running an EV is hugely compelling. Downside is the depreciation.

£1500 still covers it.

 

[W1NGE]

I would like to know where you managed to get £550. Thanks

Admiral - went up twofold 2 years ago so I went elsewhere and now back to Admiral where the price had inexplicitedly reduced again. Age, record and location play a part in the premium.

 

[kuku]

So I live in the Bay Area, California. Electricity rates are like $.47 to $.50 per kilowatt. I got quoted $3.1k for insurance, and car registration is like 0.065%, which is maybe $800 a year. Then there's the warranty, which could be $2k a year. Not factoring in depreciation, I am looking at more than $10k a year.

I don't really save much money off electricity, so it seems like owning a Porsche where I live costs a lot more than in many other places. Does that sound right?

 

[BjörnfromHamburg]

The above stated 7.000 € per year total cost would be the least cost just on petrol with an ice car. It would even be more, I estimate.
ICE would have a total estimate of around at least 12000,- €

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