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The Clark Howard Podcast

5.31.19 Is a Tesla cheaper than a Camry?; Pay TV is losing massive numbers of subscribers

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.65.2K Ratings

🗓️ 31 May 2019

⏱️ 35 minutes

🧾️ Download transcript

Summary

A Tesla is actually cheaper to own than a Camry when you consider the total cost of ownership; Cable and satellite companies are losing lots of subscribers. Streaming for the win! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

I'm so glad you're here with us on the Clark Howard Show where it's all about you and

0:10.8

that wallety yours.

0:12.6

Speaking of which, coming up later, people now in huge numbers are cutting out their pay

0:20.3

TV from satellite, the cable company, the phone company.

0:25.2

So then what do you do?

0:26.7

I got some news for you.

0:29.2

I got a crazy one for you from Market Watch where they've done the math on any of a number

0:36.2

of vehicles that are gas engine vehicles comparing them to the cost over the years of actually

0:45.0

owning an electric car.

0:47.3

Electric cars have been coming steadily down in price.

0:50.2

There are a bunch of them that are now right at the price point of the average vehicle in

0:54.9

the United States, which is 35,000.

0:58.0

If you're looking at a 35,000 dollar vehicle and then an electric vehicle that price over

1:04.3

the course of years, you'd save many, many thousands of dollars because the energy is

1:12.0

so much cheaper.

1:14.2

But what if you were looking at a vehicle that was much, much cheaper?

1:22.4

We're looking at something like a mainstream model, like a Toyota Camry or a Honda Accord

1:29.5

sedan versus an electric car like the entry point went from Tesla, the Model 3, or you

1:36.8

look at the Chevy Bolt or something like that.

1:39.3

Well, guess what they found out?

1:42.1

It's actually cheaper over the years, over a three year period, don the electric car than

1:52.0

it is to own the gas engine car.

...

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