4.6 • 682 Ratings
🗓️ 27 September 2024
⏱️ 9 minutes
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0:00.0 | Brought to you by the Every Dollar app. Start budgeting for free today. |
0:06.6 | I actually live in Canada, where everything is quite a long ways away. I live in the northern |
0:11.5 | region of Canada, and I drive about 7,000 to 8,000 kilometers per month. And I was wondering, |
0:19.7 | should I be looking at maybe leasing an electric |
0:23.3 | vehicle or keeping my current gas SUV? Okay. Is there anything you want to add to that? |
0:32.2 | You seem like you're going to say something else. I was just going to say because the amount I spend |
0:36.2 | in gas each month is roughly $200 less than an electric car lease with the extra kilometers for $80,000 per year. |
0:46.8 | So that's why I thought, I'm usually very against leasing, but I thought, I don't know, is this the one time that there's an exception here? |
0:54.2 | I'm not 100% sure. |
0:55.6 | Well, I think there's two, it sounds like there's two issues here. |
0:58.8 | One is the affordability of your gas and if you want to lower your gas bill. |
1:03.6 | And the other issue is if you choose to change vehicles, can you afford it? |
1:08.7 | And you do have the cash to buy the vehicle. |
1:10.6 | So let's look at it kind of separately for that purpose. |
1:13.7 | First off, for your gas SUV, what are you spending now? |
1:18.2 | How many dollars are you spending a month to fill it up and do all that? |
1:23.2 | About $1,280. |
1:26.1 | So that's the average in the past three months I looked at. |
1:28.8 | Okay. |
1:29.1 | And you're saying that with an electric vehicle, |
1:30.9 | you could lower that by $200? |
1:33.8 | No. |
... |
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