Sunday, June 20, 2010

TOTAL COST for the Year May 31, 2009 to May 31, 2010!

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.

Thursday, June 3, 2010

Looking Forward!

Well, the year has ended, 14,000 Total miles of pollution free Electric driving has proven to me that this system really works and is completely viable for everyday use, even in the 'Urban Sprawl' of a place like Los Angeles and Orange Counties California!

Yes, the freeway acts to both Reduce and Extend range (depending on time of day you choose to use it)
Yes, it's cool to use the HOV lane in a ZEV (Zero Emissions Vehicle) while riding alone
(however only on short runs as high speed does swallow range!)
and
Yes you have to THINK about your route, range, available chargers, speed, drafting,
but that's REALLY FUN for me, those things, coupled with the outstanding Performance and Handling, takes the boredom out of a drive that has become, well, boring!

So, BMW has asked if I would like to stay on and I answered with a resounding YES!

I'll be continuing to drive this wonderful little car for another year, till May 2011!

I'll also be watching the developments as other Electric Cars roll out on the market, eagerly watching performance and range figures and realities,
it's a great innovative time we live in!


Here's to - looking forward!