Total Cost of Ownership for Tesla Model 3 vs Toyota Camry (tires, buying)
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No way the Model 3 with be worth $19K after five years. I wonder what other numbers are cooked. Maintenance?
By the same token, all of the five year old Camries I found on Craigslist were around the $11,000 to $14,000 price point. A good deal better than the $8900 in resale value the site suggested.
That figure is bs retarded. No brand new Toyota (hell no brand new average car) is gonna require 4K in maintenance in five years.
Yeah that’s just stupid.
I'm not sure that's all that outrageous, especially in the USA, where driving 20,000 miles per year is not unheard of. If you do a conventional oil change every 5,000 miles at a cost of $40 each, that's $800 right there. You'll probably go through two sets of tires in that time, and with everyone using those stupid low-profile, ridiculously expensive tires these days, you're probably going to be looking at $800 to $1,000 per set. If you have a shop rotate them every 10,000 miles, that's probably another $400. It's doubtful you'll go five years without replacing the brake pads. In fact, depending on what kind of driving you do, you'll probably do that repair two or three times over the course of 100,000 miles, and probably at a cost of around $200 each time.
So what am I up to right now?
Oil changes: $800
Tire Rotations: $400
Brakes: $400 to $600
Tires: $1,600 to $2,000
So by my estimation, that's about $3,200 on the low end, and $3,800 on the high end. If shops are more expensive in your area, $4,000 is not really that unreasonable of an estimate. Of course, if you are a do-it-yourselfer, a lot of that maintenance can be done for a lot less money, but most people hire mechanics to do the work for them.
I'm not sure that's all that outrageous, especially in the USA, where driving 20,000 miles per year is not unheard of. If you do a conventional oil change every 5,000 miles at a cost of $40 each, that's $800 right there. You'll probably go through two sets of tires in that time, and with everyone using those stupid low-profile, ridiculously expensive tires these days, you're probably going to be looking at $800 to $1,000 per set. If you have a shop rotate them every 10,000 miles, that's probably another $400. It's doubtful you'll go five years without replacing the brake pads. In fact, depending on what kind of driving you do, you'll probably do that repair two or three times over the course of 100,000 miles, and probably at a cost of around $200 each time.
So what am I up to right now?
Oil changes: $800
Tire Rotations: $400
Brakes: $400 to $600
Tires: $1,600 to $2,000
So by my estimation, that's about $3,200 on the low end, and $3,800 on the high end. If shops are more expensive in your area, $4,000 is not really that unreasonable of an estimate. Of course, if you are a do-it-yourselfer, a lot of that maintenance can be done for a lot less money, but most people hire mechanics to do the work for them.
Your numbers are off.
When conducting such an analysis like in the article, you use averages, which will be national average due to no mention of anything else.
Average miles driven per year is around 13,000. A Camry needs its oil changed every 10,000 miles. It is under a $100 for an oil change and tire rotation, I know this because I have a Toyota dealer do it to mine.
I have no idea the brake costs for a Model 3.
Tires, you are a bit crazy with that number. Tires for a Camry are under $600 installed, would only need one set towards the end of this five year period.
You are doing the same thing the article did, purposely inflate using ridiculous numbers to achieve the result you desire.
Tires, you are a bit crazy with that number. Tires for a Camry are under $600 installed, would only need one set towards the end of this five year period.
The tires I would put on a Camry are less than $400 installed.
I'm not sure that's all that outrageous, especially in the USA, where driving 20,000 miles per year is not unheard of. If you do a conventional oil change every 5,000 miles at a cost of $40 each, that's $800 right there. You'll probably go through two sets of tires in that time, and with everyone using those stupid low-profile, ridiculously expensive tires these days, you're probably going to be looking at $800 to $1,000 per set. If you have a shop rotate them every 10,000 miles, that's probably another $400. It's doubtful you'll go five years without replacing the brake pads. In fact, depending on what kind of driving you do, you'll probably do that repair two or three times over the course of 100,000 miles, and probably at a cost of around $200 each time.
So what am I up to right now?
Oil changes: $800
Tire Rotations: $400
Brakes: $400 to $600
Tires: $1,600 to $2,000
So by my estimation, that's about $3,200 on the low end, and $3,800 on the high end. If shops are more expensive in your area, $4,000 is not really that unreasonable of an estimate. Of course, if you are a do-it-yourselfer, a lot of that maintenance can be done for a lot less money, but most people hire mechanics to do the work for them.
Everybody else added what I was going to say, but you can’t use tires as an extra expense for ICE’s as EV’s have them too. A Camry’s tires are much cheaper than a Model 3’s tires.
There has been a lot of ranting about the total cost of ownership of the Camry being rigged. FYI, I just tried the "True Cost to Own" calculator at Edmunds, and it gave a value of $33,175 for a 2019 Camry LE, which is actually not very different from the value of $34,792 in the analysis linked above. Given that any such analysis will use a series of model assumptions and approximations, I am not buying the assertions of a vast Tesla conspiracy at CleanTechnica ;-).
There has been a lot of ranting about the total cost of ownership of the Camry being rigged. FYI, I just tried the "True Cost to Own" calculator at Edmunds, and it gave a value of $33,175 for a 2019 Camry LE, which is actually not very different from the value of $34,792 in the analysis linked above. Given that any such analysis will use a series of model assumptions and approximations, I am not buying the assertions of a vast Tesla conspiracy at CleanTechnica ;-).
The costs of maintenance on a Camry are well known.
There are ZERO major services required in 60K miles.
The services are oil changes, tire rotations, air and cabin filter replacements.
The only significant items are tires and brakes. Prices for all listed above.
The actual maintenance costs are less than half what Edmunds says.
Quote:
Originally Posted by boxus
A Camry needs its oil changed every 10,000 miles. It is under a $100 for an oil change and tire rotation, I know this because I have a Toyota dealer do it to mine.
The costs of maintenance on a Camry are well known.
There are ZERO major services required in 60K miles.
The services are oil changes, tire rotations, air and cabin filter replacements.
The only significant items are tires and brakes. Prices for all listed above.
The actual maintenance costs are less than half what Edmunds says.
I guess Edmunds is just part of the conspiracy then. makes perfect sense. For what it's worth, when I had a Honda Accord, I paid about $800 for a set of tires, all up. Now how did I know back then, to get in on this conspiracy??? Oooooooooh!
I guess Edmunds is just part of the conspiracy then. makes perfect sense. For what it's worth, when I had a Honda Accord, I paid about $800 for a set of tires, all up. Now how did I know back then, to get in on this conspiracy??? Oooooooooh!
You spent WAY too much on tires for a family car.
Good tires for an Accord are $100 or less each.
We just spelled out how much everything costs. It's not $3200.
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