alt Hacker NewsCompared to gas cars: Kia K4 hatchback is $26k with a lot more creature-comforts. Gets 34mpg, so if $6/gal gas is here to stay that's $0.17 per mile of fuel costs. My EV gets almost exactly 4miles/kW average and I pay $0.21 per kW so that's about $0.05 per mile.
So $0.12 per mile saved in fuel costs implies about 80k miles for break-even.
This excludes costs of servicing, which should be higher on the gas car.
[edit typo'd an extra 0 it's 80k miles for break-even]
[edit2]
After looking up my energy bill I pay $0.27 so it's between 10 and 11 cents per mile saved. Break-even is still under 100k miles.
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California (and many other states) also charges you an additional annual EV registration fee of $121 in lieu of gas taxes. There was some noise earlier this year about a federal EV tax too.
I think you meant 80k not 800k, $0.12 * 80,000 = $9,600
$.21/kw seems high for home charging... im at $.12, before the extra savings that gets me closer to $.10
I think you've got an extra zero in there somewhere
$35k - $26k = $9k
$9k / $0.12/mile savings ~= 75,000 miles breakeven