Just some rough Math to round out the cost of driving this Electric Car.
My total mileage for the year came in at 14,000 miles on May 31, 2010.
I was a few miles short so drove around the block some to make it exactly 14,000.
Divide 14,000 miles by the cost of the Lease at $927.50 (incl Tax) for eleven months
( I was given one month free in the beginning).
Total Cost of lease - an Expensive $10,202.50 for eleven months (those who adopt early pay the price)
Total cost of Electricity (Energy) - TOU off peak - an INexpensive $540 for the 12 months.
Insurance (the part not covered by BMW) $286 for the 12 months.
Total cost of operation (based on 14,000 miles of use),
Lease, Tax, License, Electricity and Insurance = less than 79 cents per mile!
Total cost of Energy (alone) = less than .03 cents per mile!
It is the most expensive CAR PAYMENT I have ever had.
However, it is the CHEAPEST CAR (and most fun) TO OPERATE I have ever driven.
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I agree Jim. I hear a lot of others complain about the high lease payment but all things considered, when you add it up, it's actually a good deal. Especially if you figure in depreciation.
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