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70 kWh for $70k
Now, on to the awesome news of today. The 70 kWh version of the Model S in the single motor version at $70k costs $5k less than the dual motor version, consistent with the price differential for the single and dual motor 85 kWh car. Importantly, enough options are now standard that you will have bought a great car even if you pick the base version.
In many countries, national and state/province purchase incentives for clean energy vehicles improve the price to some degree. In the US, for example, the price after incentives is usually around $60k. Also, not having to buy gasoline and needing less service for an electric car typically saves around $2k per year, which accumulates to $10k over the national average car ownership period of five years. This economic advantage is often overlooked when evaluating gasoline vs electric cars. Moreover, these savings are experienced immediately in your monthly cost of transportation if you lease or finance an electric car.
90 kWh Pack
New buyers now have the option of upgrading the pack energy from 85 to 90 kWh for $3k, which provides about 6% increased range. For example, this takes our current longest range model, the 85D, to almost 300 miles of highway range at 65mph.
Existing owners can also purchase the pack upgrade, but I wouldn’t recommend doing so unless usage is on the edge of current range. On average, we expect to increase pack capacity by roughly 5% per year. Better to wait until you have more time on your existing pack and there is a larger accumulated pack energy difference.
You’ve just bought a new car, and the last thing on your mind is calling the insurance company. You want to take it out for a spin, show it off to friends, and order customized license plates, not set up an expensive insurance plan and re-write your budget to include monthly payments that are always more than you want them to be.
Unfortunately, auto insurance is a necessary evil, and it comes with the pride and freedom of a new car.
So what do you need to know about car insurance? There’s a lot of information out there, but here are a few things you might not know. Continue reading
Most parts of the car play an integral part in running it smoothly and safe. But tyres play an incredibly big part in road safety – they are the only part of the vehicle that actually grip the road. Driving, accelerating and braking as well as the quality of the road surface will affect and be affected by the condition of your tyres. Without maintenance and regular checks, the treads will wear down and the air pressure of your tyres will change and accidents can happen. This puts your passengers as well as yourself in danger – even more so at higher speeds. Continue reading
Moving to a new home can be stressful and downright exhausting. Things can become even more complicated if you are moving across country or to an entirely new country. One thing you must consider when making a move like this is what you will do with your current vehicle and there are a few different things you must take into account when moving your vehicle during a long distance move. Continue reading
Until someone perfects teleportation or replaces the roads with giant moving walkways, people will be bound to the need to drive. Whether it’s a commute to and from work, a short drive to the supermarket, or a long road trip, other drivers, undesirable weather conditions, and your own occasional bad call could potentially lead to a dangerous car accident that might result in personal injury, the need to replace parts on your car, and the need to repaint those parts. As we wait for the day when we no longer are bound to our metal bodied cars, the best thing we can do is to take advantage of the improved safety features in new cars and engage in defensive driving tactics. Continue reading
Selling your used car is not an envious position to be in. It is extremely frustrating as we never feel like we quite get as much money for our cars as they are worth. However, it is possible to do some simple renovations and quick-fixes to increase the resale value of your car. Here is a list of a few things that may get you a few extra bucks to put towards replacing your old rig. Continue reading