JustTheGent
Well-known member
A couple of years ago, there was a guy on here claiming you could get a new high end and premium EV for pretty much the same price as something much cheaper. This is despite the cost being significantly more, two or three times as much and more in some cases. You could apparently do this using something called TCO (Total Cost of Ownership) which takes all costs of the vehicle during the time you have it into account, including depreciation.
There was several of us on here warning against this. TCO figures can be selective and unreliable, especially when dealing with such things as depreciation. The reasoning behind it didn't make sense and it was based on circular logic. Getting a vehicle brand new with monthly payments is generally always the most expensive way to go. Obviously, the more you pay means the greater the cost. You don't pay more and spend the same or less, which what was ridiculously being suggested.
Anyway, over the last few months I've been hearing of people who have lost a lot of money on their vehicle. Money they couldn't afford to spend or lose. The link below is actually about someone who got the same vehicle that was been touted on here - a Porsche Taycan.
There was several of us on here warning against this. TCO figures can be selective and unreliable, especially when dealing with such things as depreciation. The reasoning behind it didn't make sense and it was based on circular logic. Getting a vehicle brand new with monthly payments is generally always the most expensive way to go. Obviously, the more you pay means the greater the cost. You don't pay more and spend the same or less, which what was ridiculously being suggested.
Anyway, over the last few months I've been hearing of people who have lost a lot of money on their vehicle. Money they couldn't afford to spend or lose. The link below is actually about someone who got the same vehicle that was been touted on here - a Porsche Taycan.
Last edited: