The car of the future

There is no doubt that in the first several years these cars will be hard to justify from a dollars and cents point of view. Just as the video pointed out the cost comparison between the Nissan Leaf and the Ford Focus. When you break it all down the cost of the Leaf is not to far off from the cost of the Focus. If I buy a Focus for $16,000 and spend $9,000 in gasoline for 100,000 miles of use it cost me the same as if I buy a Leaf for $25,000 and drive it for 100,000 miles. The only real difference is what it costs in electricity to charge my Leaf over the course of that 100,000 mile period. The other variable is the cost of gasoline. During the spike in gasoline prices in 2007 and 2008 I would have bought an EV out of pure spite against the oil companies. When we see the next spike I certainly will, and I am not alone on that one. I really don’t think that gas prices will stay low enough over the next 10 years to stifle the trend of the EV among the average car buyer. We saw gas prices near $5 a gallon. At that price the above numbers are totally different. There is no doubt in my mind that this is the next generation in automobiles. I can’t wait to see them on the road.