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Tesla Model Y vs RAV4 Hybrid: Lowest Cost of Ownership in 5 Years? 

Cleanerwatt
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QUICK CORRECTION: at around 6:30, the slide that shows insurance cost estimates has the models switched. The numbers that I speak in the video are correct, but the slide should show ~$102 per month for the Model Y, and ~$79 per month for the RAV4.
The true cost of owning a vehicle goes way beyond just the initial purchase price, and you have to consider a host of other costs to get the real picture. For example, in our comparison today, the Model Y purchase price is quite a bit higher than the RAV4 hybrid, but with all things considered and the cost saving associated with electric vehicles, the Model Y true cost of ownership may actually surprise you. But are the cost savings enough to make up the initial cost difference?
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** All video and pictures are used with permission or in accordance with the copyright owner's stated policies and use allowance, or applicable fair use laws. **
Image & Video Clip Sources:
1. Thumbnail Model Y image & other Tesla images and video clips used in the video Courtesy of Tesla, Inc. (where noted in video).
2. Thumbnail RAV4 image & other RAV4 images and/or video clips used in the video Courtesy of Toyota (where noted in video).
3. Grey Model Y driving video clip provided by Piston Ring Media | via www.pond5.com
4. Various other video clips from pexels.com & pixabay.com | various authors.
Data Sources:
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NOTE: The content found in this video should NOT be regarded as financial advice. I am not a financial advisor, and this is NOT in any way a recommendation or offer to buy or sell securities. While the information in this video is believed to be accurate at the time of recording, no guarantees are being made about the accuracy of the information presented in the video. As of the recording of this video, I am NOT invested in Tesla stock or securities, nor any other company mentioned in this video.

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29 сен 2024

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Комментарии : 636   
@Cleanerwatt
@Cleanerwatt Год назад
QUICK CORRECTION: at around 6:30, the slide that shows insurance cost estimates has the models switched. The numbers that I speak in the video are correct, but the slide should show ~$102 per month for the Model Y, and ~$79 per month for the RAV4.
@vinnylamoureux1187
@vinnylamoureux1187 Год назад
I caught that !!!!
@ryant.5173
@ryant.5173 Год назад
I knew something wasn't right because I called the other day to compare insurance and mine was going up 150 a month from my wifes 2015 Honda CRV EXL
@SmartMart1658
@SmartMart1658 Год назад
The Electric Viking needs help: His wife has stage 4 cancer ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-D6Ah4IC4TLA.html
@rendyputra423
@rendyputra423 Год назад
If the interest rate is low, the operasional saving of model Y maybe could make sense but if the interest rate is high the model Y may be don't make financial sense because of it's higher initial purchase price.
@aquilinonilay4892
@aquilinonilay4892 Год назад
How about a ten-year comparison. Why just 5 years all the time.
@67daltonknox
@67daltonknox Год назад
At my Mammoth condo electricity is 40c/kWh. That means that in the snow and ice, the fuel costs of a RAV4 and Model Y are similar. Throw in that installing a 240V 40A power line will cost $2,000 and I will have to get home owners insurance with a $1,000,000 cap at $900/year, that adds $9,200 over 8 years after which the Model Y drive train warranty will expire making the car almost worthless, whereas a RAV4 will go on running without much extra cost for years.
@dunggg
@dunggg Год назад
You should also consider a average dealer mark up for the RAV 4. As of Jan 2023 the mark up is 7000 at Souther California Toyota dealership
@vinnylamoureux1187
@vinnylamoureux1187 Год назад
Wow. That dealer markup is an eye opener. Especially if you consider that YOU, the buyer, get almost nothing for it.
@calmorton4619
@calmorton4619 Год назад
@Vinny Lamoureux O Come On! The dealership provides you with the best looking staff in the office...and the best looking CEO. Money that makes everyone smile like Mary or Jim or...
@niceguyrides
@niceguyrides Год назад
Buy it in another state.
@rogergeyer9851
@rogergeyer9851 Год назад
Dan Ri: He used the true car cost estimate. Using some extreme datapoint to try and make Tesla look better is nonsensical. What if he used an extremely cheap dealer to try and make Tesla look worse? See how that works?
@dunggg
@dunggg Год назад
@@niceguyrides I can and usually cross-shop out of state, but what about the boomers who just sign on the dotted line whenever someone tells them to?
@edwardkeenan7354
@edwardkeenan7354 Месяц назад
At the end of the day it’s about driving presences and convenience
@endthefedandnwo
@endthefedandnwo Год назад
Another thing you didn’t consider is cost of installing a level 2 charger in the home which for some could be quite expensive. Depending on how long the cabling has to be ran to the electrical panel. Also you considered the cost for fuel can increase, you didn’t consider the cost of electricity increasing. Electricity cost never goes down from grid sources. In California, we’re already having brown outs where they cut the power to areas at certain times due to not enough electricity. The more people switch to EVs, the larger strain on the electrical grid which could result in you not being able to charge your car and ultimately be stuck not being able to go anywhere. The greater the demand for electricity will also increase the cost per kW over time
@michaeldautry
@michaeldautry Год назад
If a gas station runs out of power you can’t pump gas either. I understand what you are saying here but I just totally disagree.
@nigelweir3852
@nigelweir3852 Год назад
Depreciation over 5 years seems rather low and certainly no where near the depreciation in Europe . 20% over 5 years seems ridiculous, not in the future as in the next five years hybrid will depreciate more like double that rate
@Cleanerwatt
@Cleanerwatt Год назад
I agree that depreciation might be higher going forward, but I have to stick with the data that I have right now and calculate accordingly.
@BillB33525
@BillB33525 Год назад
@@Cleanerwatt if Leasing the residual usually 50-60% of list @ 3 yrs.
@calmorton4619
@calmorton4619 Год назад
@Cleanerwatt With the trend away from ICE, the depreciation coming for the gas car is going to be higher...and the EVs with better batteries in the future again making the non-constant costs lower.
@markotrieste
@markotrieste Год назад
Also, you should cosider depreciation only if you are 100% sure you will sell the car. Until you don't sell it, those dollars are virtual to say the least.
@rogergeyer9851
@rogergeyer9851 Год назад
@@markotrieste: Yup. I tend to keep a car 15 years (not driving lots of miles), so I don't even worry about depreciation, as I tend to give the old car to someone who needs car in the end. (And I've had such people tell me the car was the best car they ever had, and get years of good overall service from it, in one case for over another decade).
@rescuehelly271
@rescuehelly271 Год назад
Very likely tesla battery would die around 14, many people can drive a toyota car for 30 years.
@anshubudhiraja
@anshubudhiraja Год назад
You cannot compare these costs... Newer versions of RAV4 are only going up in price Evey year. However, Model Y prices are not behaving like RAV4
@rogergeyer9851
@rogergeyer9851 Год назад
anashi: Unless you have a time machine, you can only speculate / guess about future prices. Seriously, get real.
@alby4097
@alby4097 Год назад
Lol I think you would be lucky to find that car rav4 for 37k. When I was looking for a rav4 hybrid xse they quoted me 45k and on the lot a their rav4 (non-hybrid) xle were already 35-36k. They talk about how the shortage in manufacturing and parts has increased their price. It’s honestly sickening how much dealerships are price gouging. Because of how expensive if would’ve been to get a rav4 hybrid I decided to go with the model y instead since it would’ve been roughly the same price if not slightly cheaper with the tax credit.
@Jllr04
@Jllr04 Год назад
Same! I ended up ordering one through a local dealership came out TO $33k MSRP no mark up. They wanted $41k lol
@lorenfok1097
@lorenfok1097 Год назад
True the dealership experience really kills the buying experience and that is where Tesla excels. The listing price is the price you pay. No secret deal add Ons or mark ups
@ecospider5
@ecospider5 Год назад
I think you need to add $1000 for the cost of installing a home charger.
@camman194
@camman194 Год назад
My home 250v charge outlet was conveniently located right next to the breaker box which was right beside the car in the garage. It cost just under $250 to have installed.
@vadskar64
@vadskar64 Год назад
It’s more like $1,500 if you live in house older than 25 years. Which is I believe majority in the US.
@ecospider5
@ecospider5 Год назад
@vadskar64 Yes depending on where the panel is compared to where you park. And the size of the service running to your house the prices can vary wildly. My brothers house has the breakers in the kitchen. The detached garage is 75 feet away. A 7kw charger is going to be over $3000. If he’s ok with a 3 kw charger it will be closer to $1000.
@jontanneguy4960
@jontanneguy4960 Год назад
don't forget to factor in battery degradation over time. Not everyone is going to limit charging to 80-90% to protect it.
@davemiller6121
@davemiller6121 Год назад
The comparison is fine, but I don't think I am cross shopping a Rav4 with a Model Y. Maybe a Lexus, Acura, Cadillac, Volvo, or base model Mercedes, BMW, Audi. Also, Lincoln or a higher end VW. For performance and price as well as the target market, I think those comparisons would be more appropriate.
@sammybully5030
@sammybully5030 Год назад
exactly Although Tesla is not luxury bm mer audi class, its atleast premium like acura lexus or infi or above.
@Tanstaaflitis
@Tanstaaflitis Год назад
I think that's an unstated point in this comparison. The Model Y compares favorably on cost to popular trims of non-luxury vehicles. If you adjust the costs for the luxury vehicles' higher costs, the comparison is even more in the MY's favor.
@NJ_Scat_Hemi_Orange
@NJ_Scat_Hemi_Orange 7 месяцев назад
No sales tax in NJ for EV. As well tax credits. Performance and safety value much greater with Tesla Y.
@hrdcore5757
@hrdcore5757 Год назад
YOU LEFT OUT THE COST OF HOME CHARGER INSTAL. ALSO TEMP MAKES A DIFFERENCE AS WELL. ALSO CHARGE TIME AND IS THERE CHARGING STATIONS IF YOU TRAVEL. .
@cheezeandcrackers
@cheezeandcrackers Год назад
California charging your car at home during off peak is $0.25/kwh. That will only go up every year as the electric company keeps screwing us over. Makes it a lot less worth it to go EV.
@ehbarath
@ehbarath Год назад
I don't think comparing extrapolating Model3 depreciation to ModelY is correct. I would think ModelY's depreciation would be a bit less compared to Model3.
@froy_boyproductions8488
@froy_boyproductions8488 Год назад
Thank you ! And you hear that. A Tesla is similar to a rav 4 xle. I’ll give ‘em xse. And they were trying to charge high price. Tesla. No ventilated seats. 37k fully loaded Kia hybrid. Has it. That’s just an example. Hype for this video. Lol I love both cars so I’m just saying Tesla needs to offer more For the dollar.
@MrMarkwill62
@MrMarkwill62 Год назад
Good honest talk
@Nessal83
@Nessal83 Год назад
CA also has a $2k credit for the Tesla driving it down even more
@BlueDroneBlues
@BlueDroneBlues 10 месяцев назад
Don’t forget the tax credit for the hybrids. Nice 4k drop there.
@davidpearn5925
@davidpearn5925 Год назад
No contest. Try BYD/SAIC for a genuine challenge perhaps.
@Jason-gl7ny
@Jason-gl7ny Год назад
So basically they both cost about the same and impact the environment the same I’ll take the ice vehicle with no range anxiety please
@rhiantaylor3446
@rhiantaylor3446 Год назад
Must admit I assumed the Rav4 Hybrid would be able to cover short distances without using its gas engine so you need to know typical usage requirements, (length of commute or whatever), in order to determine fuel costs.
@TecnamTwin
@TecnamTwin Год назад
With no plug, it's 100% gas powered.
@markotrieste
@markotrieste Год назад
Toyota RAV4 comes in HEV and PHEV variants. HEV can only cover some hundred meters in EV mode, and that energy all comes from the ICE, it's been recovered during braking or throttling. PHEV OTOH allows you to drive for about 60 km on pure EV, charged from the grid. You get the fuel economy of an EV with the range of an ICE. I love the concept, however one must bear in mind that it is more expensive than HEV and it's economy heavily depends on usage pattern.
@rogergeyer9851
@rogergeyer9851 Год назад
Rhian: He compared the pure hybrid Rav4, NOT the Prime PHEV with a significant pure BEV mode. Lower price, but no tooling around town without burning gasoline for more than, say, a mile at low speed on occasion. I actually think the PHEV would have been a better comparison -- but the video didn't do that.
@rogergeyer9851
@rogergeyer9851 Год назад
@@markotrieste: Wrong on the HEV capacity for BEV mode. On the interstate, down a long hill, for example, it might drive in BEV mode for a mile or so, based on the way a modern Honda Accord HEV behaves (and it uses the Toyota HEV system).
@patterisepi
@patterisepi Год назад
@@rogergeyer9851 Regular ICE vehicles cut off fuel injection on downhills also so it doesn't matter.
@danielryan3442
@danielryan3442 Год назад
Over the next five years as electric takes hold gas will at least double in cost. Now do the math. Also I have no idea how you came up with maintenance costs comparison. I own a Tesla model 3 which replaced my Nissan Rogue. I am at 10000 miles and have paid nothing for maintenance. One problem with door handle freezing which was fixed by a software update for free. The NissN dealer almost forces a maintenance to be done at dealer of claim resale value will go bad. I paid in for the Rogue 37000.00 five years old i got 11000.00 for it. How do you come up with 20 percent. For real numbers I save 1200 minimum each year on 12000 miles. Nice presentation it just has no basis in the real world. And that does not even take into consideration that the Tesla totally outperforms all ICV on the road. And it does not pump crap into the environment. The quiet ride alone listening to music justifies the price.
@spanglerimagery
@spanglerimagery Год назад
Disagree on several points, depreciation in particular,..
@user-zb7tg5hi3t
@user-zb7tg5hi3t Год назад
Tesla reliability issues are what you need to look at
@aceroadholder2185
@aceroadholder2185 Год назад
It is interesting that the government has to hang a porkchop on the EV to get people to buy it. Of course it is always good when middle income people can make the less well off help them buy nice cars.
@ArmoredAnubis
@ArmoredAnubis 2 месяца назад
This did not age well. Tesla's vars deprecated badly this year
@rkgsd
@rkgsd Месяц назад
When you consider the performance capabilities of the Y, it almost seems there should've been a comparison with the Prime version of the RAV4.
@catalinacortes6935
@catalinacortes6935 Год назад
Interesting video. I know it’s a bit dated but I went to a Toyota dealer looking at the RAV4 hybrid. It was msrp of $36k plus a $7k market adjustment so $43k. I ended up buying a Tesla model y with the 4680 battery for $46,990 minus $7,500 federal tax credit so $39,500…… Tesla Model Y > Toyota RAV4…. U didn’t take in account the market adjustment and add ons dealers are charging.
@Andre-mi6fk
@Andre-mi6fk 10 месяцев назад
You got snubbed mate, dealer market adjustment is gouging and you got gouged.
@chrgav1286
@chrgav1286 9 месяцев назад
@@Andre-mi6fkHe got gouged going with tesla? huh?
@anekinoo7
@anekinoo7 8 месяцев назад
@@chrgav1286no difference from when telsa gouge their customers when they we’re changing $65k for model Y. Then Jan 2023 drop to $48k.
@nana10221
@nana10221 5 месяцев назад
Not true. No more marking up. Selling at MSRP or below now.
@Dev-op7kn
@Dev-op7kn 4 месяца назад
That rav4 could last for couple decades
@rai4241
@rai4241 4 месяца назад
you could update this video now that model Y is 37K (44k - 7.500)
@kevinmaxwell7761
@kevinmaxwell7761 11 месяцев назад
I get 47 mpg average with my driving in my 2022 RAV4 Hybrid XSE. I love it and don’t have to worry about finding charging stations. It also goes 620 miles per tank of gas.
@mandarinrasta6490
@mandarinrasta6490 2 месяца назад
I was thinking about saving up and getting a new RAV4 as my Lexus is getting me 31mpg and full tank is 400 miles max
@kevinmaxwell7761
@kevinmaxwell7761 2 месяца назад
@@mandarinrasta6490 Cheaper to drive what you have. I drive my cars for at least 150K miles.
@mandarinrasta6490
@mandarinrasta6490 2 месяца назад
@@kevinmaxwell7761 I’m already at 220k miles 😅
@danieldelillo
@danieldelillo Месяц назад
Got the Kia Niro Hybrid and I can definitely relate. EV isn't where it needs to be just yet.
@Richard-ie1if
@Richard-ie1if 3 дня назад
you....charge it at home ffs. cheaper and has 455 vs 203 horsepower what a joke. and better in every way other than gas/electric
@MikeCasey311
@MikeCasey311 Год назад
I won’t consider any EV that doesn’t have a Tesla charging port.
@michaellowe3665
@michaellowe3665 Год назад
Fuel cost in EVs goes way up if you don't charge at home. In some cases, it gets close to the cost of a tank of gas. To hit these numbers, you have to drive enough miles to take advantage of the cheaper electricity, but not so many miles that you charge most of the time at commercial chargers. The maintenance cost for the Toyota is for those people who treat their car as an appliance. If you change your own oil, fuel filters, and air filters, that cost goes down to $50/year plus tires. Also, if you are really concerned about cost and you drive a lot, then you get a corolla or similar, and there are no EVs that can compete at that price point. As for the "greener" angle, the Tesla costs more for a reason. It takes more energy and resources to produce. The fact that it needs tax incentives to bring the price down to make it comparable means it is probably worse for the environment than its cost suggests. If the environment is your top concern, then buy the smallest, lightest car with the fewest number of electric actuators and gadgets in it. The cobalt mining slaves in Africa will thank you. If you want a Tesla because you like it, buy one. It's not saving money or the planet.
@economistfromhell4877
@economistfromhell4877 Год назад
A lot of wrong thin king in your comments. The US Govt tax credit is to encourage consumer uptake and lift the EV industry production run rate so that overall costs per unit fall. Thats it. Fortunately Tesla is doing this all on its own. You claim doing your own mechanical work saves money? Seriously if you do your own work and value your time at zero you may save but I doubt you value your time at zero. Of course with a EV there is no maintenance beyond tyres and electricity and wiper water......so that's a wash! Hence a ICE car costs more to maintain than EV by a much larger margin than claimed here. Musk also pointed out that US dealers and car companies make the money from parts that Tesla engineers out as does any smart EV company (there are some dumb one out there of course - capitalism will sort out the weaklings here?). Electricity costs are coming down due to renewables coming on the grid - of course in the SU you have energy monopolies gouging you between solar panel and car - but if that is how Americans want to run their country you can hardly blame EVs for bad public policy (personally I would blame the GOP & MAGA). Most driving is done from home where many can have home charging and systems are coming to allow others to access cheap renewables at home. The proliferation of charging spots everywhere like shopping centres will see energy being sold at low margins to draw customers into stay whilst charging. Same at many other locations like your workplace. SO electricity costs are not the bug bear you claim - but feel free to still pay fossil fuel monopoly prices if you wish....
@michaellowe3665
@michaellowe3665 Год назад
@Economist from Hell Tesla fan boys always chime in. There is a lot of bias in your comments, but not any data or solid reasoning. I own a toyota that I bought used. I replaced the struts, shocks, and a door actuator motor when I bought it. The actuator motor costs me $6, and the struts/shocks were a couple hundred. These are both items that wear out at the same rate or faster in an EV. Tesla is not "right to repair" friendly, so those same parts would be thousands to fix on one of their cars. Other than that, I have only had to change oil for the last 20k miles. That costs about $25 each time, and I can do it in less time than most people spend driving to and from a service shop. I actually spend much less of my time, because i do my own maintenance. I will easily drive this car another 100k miles without spending $2k on maintenance. EVs used to have an expiration on the US Federal tax credit. This was, as you said, to give makers a chance to reach production levels to achieve a scale of economy so they could bring prices to parity with ice vehicles on their own. This still hasn't happened and may never happen because the government just gave them a new credit that doesn't expire. Meanwhile, ICE vehicles are being penalized by the government with gas taxes to pay for roads. EVs freeload off of the gas taxes paid by ICE drivers. EVs aren't getting cheaper, because they rely on scarce materials that aren't being recycled. The more EVs they build, the more the materials cost. They are working on replacements for those materials, but they aren't here yet. This is why there is no $25k 200+ mile EV available. They can only get those range numbers in overpriced faux luxury vehicles that have high markups already. They have to bury the cost of those materials in markups for options that nobody really needs. Electricity is not getting cheaper due to renewables. Most places charge you more if you want it to come from renewable energy. It's not free, it's a trade off. Materials and maintenance replace the cost of fuel. I'm not completely negative on EVs. I would like to have one, but not what I see on the market today. They aren't going to meet my needs. Aptera looks like a good option. They claim all the right specs and make the right promises, but broken promises are much more common than usable EVs. Even Tesla has more vaporware models than real ones.
@ShamanNoodles
@ShamanNoodles Год назад
Such a fantastic argument. True and well said.
@JohnSmith-pn2vl
@JohnSmith-pn2vl 6 месяцев назад
fuel cost is just one part of the cost, there is only one cost that counts, and that's the total cost of ownership.
@pdd3
@pdd3 Год назад
The limited RAV4 is way better equipped than the Model Y you're comparing with. You can't get cooled seats on the Model Y on any trim.
@chrgav1286
@chrgav1286 9 месяцев назад
But your Rav4, on any trim, can’t do 0-60 4.8 seconds.
@eddietorres9732
@eddietorres9732 Год назад
The table comparison at the end would have made more sense to include the price without the credit along the cost with the credit, since you included the comparison with the Limited RAV4 . Otherwise, nice comparison, thank you for the work put in. I have a RAV4 XSE hybrid so I'm happy to see this although I know this is meant to be more biased towards the EV vehicle.
@Cleanerwatt
@Cleanerwatt Год назад
Thanks for the feedback. That would have made a lot of sense.
@vini_24
@vini_24 Месяц назад
Comparison is a little bit flawed, I thought rav4 hybrid compared was $37k but depreciation compared was $29k.
@js2009-g9f
@js2009-g9f Год назад
It’s amazing there are idiots willing to pay so much money for an EV that is running out of its battery warranties. 😮Seriously.
@sammybully5030
@sammybully5030 Год назад
rav 4 vs model Y is like comp toyota to audi IMO if you can get a home charge model Y wins all day
@alexkimmerly9490
@alexkimmerly9490 Год назад
I love that these vehicles are being compared now - Tesla vs. ICE - just on price. These are the competition now that Tesla has come down into this price point. If I made the video, I would have been a little more biased and included some safety stats. Hopefully this opens some people's minds and they end up test driving both.
@markotrieste
@markotrieste Год назад
You are right. Wonder how often does a RAV4 shadow-brake.
@rogergeyer9851
@rogergeyer9851 Год назад
alex kimmerly: NOT just on price -- on cost of ownership.
@LunnarisLP
@LunnarisLP Год назад
@@markotrieste I guess you are trying to make a joke about phantom breaking with the autopilot here, but RAV4 probably doesn't have a system with similar capabilites to the autopilot every Tesla driver can use for free. Yes phantom breaking exists still sometimes and can actually cause a problem, but this is extremely rare. Let's not forget for every incident you read about in the news there are a million cars having a nice travel with no incidents using autopilot. And as it is with every single driving assistance feature you still should be an attentive driver. But this isn't just for Tesla, but really for every system offered by any carmaker nowadays.
@Tanstaaflitis
@Tanstaaflitis Год назад
Nice comparison. I'm currently researching these vehicles for my own purchase. Though in my case the MY is roughly $100/month more expensive, even with lower electricity and similar insurance costs. But still, I don't think that's too much higher given the MY is both nicer and safer.
@calmorton4619
@calmorton4619 Год назад
"...and safer." And will retain it's value better than its competitors if history is any measure. The crushing element here is very few if these competitors will survive if they cannot ramp, even if they have Lucid-like specs. "How many units/day?" is the* decider ...that puts you in the dessert, yes?
@Remotesteve2
@Remotesteve2 Год назад
Do you have residential solar for home charging?
@Tanstaaflitis
@Tanstaaflitis Год назад
FYI, waiting on the MY. Took the plunge.
@Tanstaaflitis
@Tanstaaflitis Год назад
@@Remotesteve2 No. Unfortunately, I have the issue where my electric rates and usage are cheap enough that solar doesn't make sense on a cost savings basis. It would take 25+ years to pay for itself under optimistic conditions. I improved the insulation of my home and purchased a very efficient heat pump since I live in a cooling dominant environment. Got rid of all gas appliances. I am, however, considering a battery and inverter for backup through outages and maybe peak shaving to get somewhat lower rates. A small amount of solar for water heating might make sense.
@Remotesteve2
@Remotesteve2 Год назад
@@Tanstaaflitis if you get the model y and a home ev charger you’ll probably spend enough where you save with solar
@Joe_52
@Joe_52 Год назад
The Model Y is 100% the better car. Never again a ICE ! Mary Barra says ; GM will overtake Tesla by 2025 ? This is ridiculous + embarrassing !
@robertploss8715
@robertploss8715 Год назад
Alot of assumptions have to be made to accept these conclusions: 1. Who is to say that Hybreds will hold there value in 5 years. As more EVs come to market, wont Hybrids more likely be less desirable? 2. A hybred is the worst of both worlds: an underpowered engine and a ridiculously small battery pack of 18KW, capable of providing ~32 miles of real-world range. It has a charge rate of 6.6KW, in the upper level trim. This is no comparision to even the cheapest Tesla. 2. Basing the used price today and projecting forward given the exponential growth of EVs does not see realistic. 3. Several people I know have Hybreds. They NEVER plug them in do not get 40MPG, 35 is more realistic. 4. I would not go by maintenance or resale numbers provided by kelly Blue Book and Edmunds. They are both supportrd by Legacy Auto and have skewed these numbers before. 5. Tesla offers insurance at much better rates than those quoted. Although not available in every state, it is constantly expanding and should be considered. 6. The RAV 4 does not have regenerative braking. Were brake changes considered? 7. The several people I have asked about maintenance cost have spent ZERO in up to 200,000 miles. 8. Im paying 11 cents /KW for electricity. Where is it 16 cents?
@UncompressedWAVmusic
@UncompressedWAVmusic Год назад
I just saw a report out this month that the cost to charge a Tesla is more than the cost of gas for an ICE car since the gas prices dropped and Tesla increased electricity cost at their charging centers. Also Teslas values plummet when you reach the end of the battery and have to replace it whereas an RAV4 engine will last for 400,000 miles and still has value when that happens. Also many in North America are upset because the price to charge their Telsas at superchargers went up and now it costs more that buying gas for an ICE. Gas prices dropped and superchargers charging price skyrocketed. Also minor accidents with Teslas are $20,000 because of the Megacasting of the mold which prevents easy fixes of fender benders. So unless you are the worlds best driver and 100% sure you will never have a fender bender and you have a supercharging set up in your own home and your insurance company hasn't skyrocketed your insurance on your Tesla and your battery will last another 10 years than never buy a Tesla as the odds are you will regret it very soon and regret you ever bought a Tesla.
@dragodavidCE
@dragodavidCE 9 месяцев назад
You will be surprised how many people drive to 400k, a small percentage. Most cars are designed to fall apart nowadays.
@doomtomb3
@doomtomb3 9 месяцев назад
@@dragodavidCE”designed to fall apart” umm quite the opposite. Safety and Reliability are literally #1 and #2 around all mass market vehicle development goals.
@virtual-viking
@virtual-viking 8 месяцев назад
If you want to cherry pick a scenario favouring the Rav4, go right ahead. Most people who own EV's charge them at home, because it's better in every way. Fast charging happens so rarely that it doesn't matter if it's slightly cheaper or more expensive than gasoline. And with regard to residual value, the Model Y battery is likely worth more as scrap than your 400k miles Rav4 in full working order. The minerals in that battery are a significant fraction of the price of the car, and they will be recycled. There's even a commodity spot price index on shredded batteries.
@UncompressedWAVmusic
@UncompressedWAVmusic 8 месяцев назад
@@virtual-viking Stop cherry picking scenarios to make EV's look better than they are. There are more and more videos on RU-vid of EV owners regretting buying an EV. Also EV's are almost completely useless when the weather drops to real deep winter cold weather where all types of real life problems sky rocket with EVs and even with the super chargers. Not everyone ones a home with an optimal high speed charging set up. Then you see all the real life contastrafes with charging EVs even at 0 F and much worse at -10 F and they are useless and can take a day to charge at t supercharger if your battery is very low. So many people have to get their super EV towed to a super charger then wait a day to use one that is actually working as superchargers malfunction in real winter cold, not to mention that really cold drops an EV battery to drop usable distance way more than 50%. Too many problems to just assume EVs are a solutions for everything. Also when you get a fender bender with a Tesla it could cost 40,000 to repair if because of the special press used to make the car all one unibody part. A living nightmare with repair bills in almost any accident. I will pray for anyone who buys one.
@virtual-viking
@virtual-viking 8 месяцев назад
@@UncompressedWAVmusic I'm sure a few people have had problems, but that is to be expected considering that millions of EV's have been sold by now. I live in Denmark where 1 in 8 new cars sold last year was a Tesla Model Y. Two weeks ago we had the worst blizzard in a decade. And at that time it felt like there were even more Teslas on the road than usual. I figure it was because most of them have 4x4, which is otherwise rare. I haven't seen or heard about any of the problems with the cold. Neither have I experienced anything beyond maybe 25% range degradation in my 9 years of driving an EV. What I _do_ recall though, is having to get out of bed an hour early, because of ICE cars that had difficulty starting during cold mornings, and needing to run idle with the key in the ignition to melt the ice off. Something that my EV's can do remotely without having to get out of bed. I'm pretty sure I have way more 1st hand experience with ICE cars that you have with EV's, and I have no desire to go back.
@UncompressedWAVmusic
@UncompressedWAVmusic 8 месяцев назад
BUYER BEWARE WHEN BUYING A TESLA new or used. Remember that during Covid the gas prices skyrocketed and Tesla superchargers were much cheaper. However now that has reversed and the price of gas in about 50% less and the Supercharger prices doubled so now it costs more to drive a Tesla than and ICE. Also the insurance prices for Teslas has skyrocketed to about $8000 due to the sky high prices to repair even a fender bender on a Tesla due to the Gigacasting design everything is one piece so a fender bender repair cost is many times more than a fender bender on an ICE. Also now that people know how much it can cost to replace a battery like $70,000 the demand for used car market for used Teslas really decreased.
@mikeni1225
@mikeni1225 4 месяца назад
Wait until after elections, Biden is artificially lowering gas prices to get elected
@thebasyoni
@thebasyoni Год назад
Thanks a lot for making this video. Even though I’m not a US resident, you gave me a good reference to do a local equivalent comparison in where I’m living. Great & value video. Keep them coming.
@travisnguyen7124
@travisnguyen7124 Год назад
Why didn't you straightaway use the "total 5 year ownership costs" numbers from Edmunds at 7:48 and 8:16? It has most of breakdowns you need including insurance, financing, depreciation, and fuel. It almost feels like you wanted to handpick numbers from sources that favor Tesla.
@ricavega
@ricavega 7 месяцев назад
This is a great comparison as I've been debating on what to buy between these 2 models.
@jodydewey3516
@jodydewey3516 Год назад
Can you run the numbers with the plug in RAV4 (2023 Toyota RAV4 Prime)? I would think that since the Plug in Hybrid can go 42 miles on electricity that it could be factored in and reduce the TCO for the RAV4.
@jackylsmith8138
@jackylsmith8138 Год назад
Umm I would love to only pay $0.16 per Kw of electricity. Double that right now is about what we pay and it it only going up.
@Cleanerwatt
@Cleanerwatt Год назад
Many places in the USA pay less. That is the average.
@dr-k1667
@dr-k1667 Год назад
Model Y all day every day. Safety is job ONE at Tesla and after that family of 4 that went over the cliff with a 250ft drop and survived I saw that alone makes it no contest.
@austinpowers1999
@austinpowers1999 Год назад
All day every day including Sunday
@googleuser211
@googleuser211 Год назад
Have you seen other accidents where drivers instantly died in Tesla? Because driver "trusted" auto pilot. Shouldn't base your judgment based on one accident result only.
@YZERPLAN
@YZERPLAN Год назад
Lol, Tesla’s are complete garbage 😂. GTFOH Tesla Fanboi, go checkout all the Tesla graveyards full of useless Tesla’s. Toyota on Top & that’s facts. Give me a rav4 Prime any day over the shitty Tesla’s. Safety, you mean the self driving into wall, poles or the ones catching fire 😂
@Logosfollower
@Logosfollower Год назад
@@googleuser211 no haven’t seen those Can you link
@philipf2705
@philipf2705 4 месяца назад
That alone makes it a good case of being safe but doesnt make it no contest
@matthew4725
@matthew4725 Год назад
So, I own a 2022 RAV4 Hybrid Limited...and I wish I had waited for the model Y price drop :(
@cifey
@cifey Год назад
We have M3 and RAV4 hybrid. RAV4 would be better on bad roads and long trips and gets no extra attention which is nice.
@matthew4725
@matthew4725 Год назад
@@cifey thanks. That makes me feel better. I was thinking of getting the M3 for our sedan after I see the Highland refresh, and keeping the Rav4 for road-trips. Are u enjoying the 3?
@cifey
@cifey Год назад
@@matthew4725 M3 is great for me. Relatively Sporty to drive even for the RWD. 1 pedal drive should be the standard for all vehicles as it's safer than auto creep. It has some learning curve, so not everyone will just hop in and go like I did. Needs better usability about stuff like Locking the doors, What gear it's in, AC adjustments User Profile switching Once you get used that it it's ok. ICE engines seem old fashioned at this point..
@whatevertihs
@whatevertihs Месяц назад
why you said you should have waited for model y? we are not considering a hybrid vs model Y in canada. It's been another year since your comment, what are your thoughts now? Thanks.
@rehabmax
@rehabmax Год назад
The Toyota RAV4 Prime adds EV range and would make for an interesting comparison.
@rogergeyer9851
@rogergeyer9851 Год назад
Bruce: Agreed. I wondered why not do the comparison for a RAV4 Prime, which is actually more of an "EV", especially for people who do the vast majority of their driving around town, and therefore maybe 95% of their overall mileage in pure BEV mode. So little gasoline burned, but a higher price.
@bzu4113
@bzu4113 Год назад
RAV4 prime is much more expensive plus a fat dealer markup.
@b2b2309
@b2b2309 Год назад
There is one key factor that is not mentioned. Though it really depends on the driver. The key factor that is probably need to be factored is TIME. If the driver do drive long trips quite a bit in year. Charging time maybe longer than filling a gas considerably. Sure there is a charging station, but if too many drivers charging then the output to charge your EV will be like charging at-home. If TIME is very important to the driver then I would think it is obvious that Hybrid or ICE is the choice. Sharing this experience since this key factor is not being mentioned by many EV bloggers.
@calmorton4619
@calmorton4619 Год назад
TIME is important and so the 5 yr period is* conspicuous: only one of these cars is going to get OTA updates (possibly longer than 5 yrs) and a 10 yr period might really make the ICE car look bad. In 15 yrs will we see any ICE cars?
@Vazzini42
@Vazzini42 Год назад
The EV would typically charge at home or possibly during shopping trips and such and generally would save time for most of the year when using for basic commutes. That's a lot of time not going to the gas station weekly. I think it outweighs or at least balances with the extra stops and time changing on the rarer long trips and charging an EV.
@elmo1220
@elmo1220 Год назад
The model 3 long range was great for our road trips. From Los Angeles to Utah, total stops to charge added an hour and 45 minutes. But these are stops I would have made regardless. Once in Eddie’s World, which I always stop to use their restrooms, once in Las Vegas, which was out lunch break. And then once somewhere in south Utah. The Utah stop was like 25 minutes for most of the charge.
@whorhaydelfuego7190
@whorhaydelfuego7190 Год назад
Sure charging the electric on those rare long drives that surpass the range will take longer. But on the other hand you don't have to make those weekly, or more frequent, gas station stops. Charging at home will save a ton of time wasted standing around waiting for gas to pump that everyone already does.
@chrishaberbosch1029
@chrishaberbosch1029 Год назад
I save a ton of time per year by not getting gas or oil.
@georgepelton5645
@georgepelton5645 Год назад
At about the same TCO, I will get the Model Y over the RAV4. I expect the Model Y to outsell the RAV4 in 2023, becoming the world-wide best selling car.
@GTIZmoKiDD
@GTIZmoKiDD Год назад
Lol many won’t be able to afford a 58K plus car
@chrgav1286
@chrgav1286 9 месяцев назад
⁠@@GTIZmoKiDDLol many can’t afford 44k+ too.
@Francis.Rivers
@Francis.Rivers Год назад
My wife drives a modelY, i drive a Rav4 hybrid. Model Y is more fun to drive compared to the Rav4 and also electric is a bit cheaper than gas. Model Y interior also looks cleaner. Rav4 feels pretty basic. There’s one thing thaf i HATE about the Model Y, its the ride, its super bumpy. I wish it had air suspensions like the model S/X. Also range anxiety is a real thing esp when you go on roadtrips
@LunnarisLP
@LunnarisLP Год назад
I think not only the "features" but other factors should be considered too. The Model Y is one of the safest vehicles ever tested by european ncpa, and has a 5 star rating across the board in it's NHTSA test. It's basically the safest vehicle you could possibly own right now. Especially if I had a family I would given the pretty much even price go for the saver vehicle. I think even if it was liike $0.55-$0.60 I would still opt for the Model Y. Just feels good to know that the driver+passengers safety has the highest priority for Tesla. People talk a lot about them e.g. taking features like lumbar support away, but with Tesla at least I know they wont ever compromise safety for profits. With other carmakers I'm not sure, the Rev 4 for example only achievs 4 stars in frontal crash safety with a ~16% rollover risk compared to the ~10% of the Model Y.
@KevJDunn
@KevJDunn Год назад
RAV4 has a 5 star safety rating too.
@josemr77
@josemr77 Год назад
Do you guys don’t experience phantom braking in the EU? I have almost been rear ended at least 3 times for the tesla braking for no reason in the highway.
@ravenguard1495
@ravenguard1495 Год назад
Tesla reliability is horrible. One of my friend got a model Y and if you consider the time that it stayed out of service for repair your calculations lose completely any sense. Although they were all under warranty (so actual cost was zero) not being able to use your car for couple of months per year has a cost of its own
@aknsd2009
@aknsd2009 Год назад
B.S. was this podcast paid for by the fossil fuel company?
@SirTrizzle
@SirTrizzle Год назад
Ever heard of deal mark ups? It’s crazy in the Bay Area. Besides costs, the Tesla wins hands down if you mentioned the creature comforts and performance. Car is nice and warm when I go to work during the winter, or cool during the summer. Autopilot for commuters. Factor that one in too.
@PostprandialTorpor
@PostprandialTorpor Год назад
Really he should have supplemented his research data by calling up a few Toyota dealerships
@jensrasmussen6814
@jensrasmussen6814 Год назад
Who will buy an old Nokia phone when they can buy a brand new iPhone 15 for the same price or less? Do you want a car that is full of old interior button and stressful to look at and drive. Or do you want a brand new car with just a screen, less stressful, where you feel balanced and relaxed when you’re driving and for sure, the most safe car to drive in the world right now. Who will buy at 2 to 5 years old BMW or Mercedes, when you can buy a brand new Tesla for the same price or less ? That’s what we have to think about in Europe
@rogergeyer9851
@rogergeyer9851 Год назад
Jens: In the real world, I held onto a $40 3G phone for MANY years, because an entire year of operation cost me $106 ($100 plus sales tax), for a pay as you go for all the talk and text I needed. MUCH cheaper than a data plan for a smart phone, MUCH LESS the cost of a fancy smart phone, especially from Apple. In the real world when I was recently forced to go to a 4G phone, I just got a $50 flip phone, and STILL save significantly with a low cost data plan each month, and am not buying a fancy Apple smart phone costing in the ballpark of $1000 or so. Acting like fancy Apple cell phones are CHEAP to run is insane. How is a car stressful to look at again? Having just a screen, which is a BIG distraction problem while driving (sub-menus, etc) IS far MORE stressful than having well designed knobs. Get a grip.
@jensrasmussen6814
@jensrasmussen6814 Год назад
@@rogergeyer9851 i’m a mental trainer and please don’t just survive or stay alive! Upgrade yourself, raise your standard 🙏
@sentryion3106
@sentryion3106 Год назад
​@@rogergeyer9851 I agree with you. The only thing pushing me away from a Tesla is that everything is controlled from 1 screen and you don't even get a dash in front of you. Voice command exists but why do I have to speak when I can just press a button? Not having button would stresses me out trying to find it in a menu than having a bunch of buttons everywhere
@stephendayan628
@stephendayan628 Год назад
Interesting evaluation.However through past experience( i almost bought a model Y), auto insurance for a tesla in Ny is at least than $3000. that is the cheapest. Also gas is significantly more inexpensive than you estimate. Also your argument for $7500 credit is somewhat flawed since this assumes keeping price down and that would mean white car/Black interior. Most people want other colors and since this costs more,the cars prices are above the 55K limit and disqualifies a consumer for the credit.Granted TESLA COST OF OWNERSHIP is less, but you need to have realitistic analysis when you produce a video.
@bradtrades
@bradtrades Год назад
What you’re not considering is the hassle in the event you want to go on a road trip. With the Toyota you stop 5-min for gas and you’re back on the road. Not in anything electric. If you never leave town electric is fine.
@groovekay3858
@groovekay3858 Год назад
Cheaper aside. Think Tech and speed, I had a brand new Lexus RX before my MYP. Listen I have never own a car I’m always looking forward to drive like my Tesla. I look at it all the time through my windows in the office. And sentry mode on my Tesla app. Why I’m I so obsessed? Because it’s not just a car it’s big toy. If you love fun to drive cars then you are wasting your time still looking for anything else. If you still think chrome trim and shiny buttons, gloss console, quilted seats are luxury then Tesla is not for u.
@IDNHANTU2day
@IDNHANTU2day Год назад
I really love my MYP. Now I'm waiting for my Aptera. BTW, want make people laugh when you see them around your Tesla on Sentry Cam? Push the fart button and enjoy their reaction.
@niceguyrides
@niceguyrides Год назад
My RAV 4 can take me to the mountains on some pretty washed out roads that would highside a Model Y… could care less about 0-60 times.
@groovekay3858
@groovekay3858 Год назад
@@niceguyrides good for you. Nothing wrong with using your car for a specific adventure. I’m talking to the ones that’s looking for Evs and love tech as well. This is not for you
@markotrieste
@markotrieste Год назад
Buttons. I want buttons that I can switch without taking the eyes off the road.
@groovekay3858
@groovekay3858 Год назад
@@markotrieste Good for you if that’s what you want. there is something call voice commands it works well too
@nellztheking2832
@nellztheking2832 Год назад
If your in a state that Tesla insurance doesn’t cover, the insurance will be much more for the model Y. Also most new Toyotas has $0 cost maintenance for 1st 2 years. The model y is nice but in almost all cases (except living in cali) you are going to save more with a rav4 hybrid.
@ranjusranjus143
@ranjusranjus143 Год назад
As the number of electric cars on the roads increase, and petrol/diesel cars reduce, the authorities will start taxing EVs for road use per km, to compensate for the lost petrol/diesel taxes. The cost of owning an EV will eventually be substantially higher
@arturoescorcia
@arturoescorcia Год назад
There's one thing that you can't really compare and has a huge impact on all of this: Tesla's reliability can't really compete with Toyota's. Tesla is not doing very well in terms of reliability and the Model Y in particular is their worst offender while the model 3 is their most reliable one. Toyota on the other hand is KNOWN for being the most reliable car brand in the world and their RAV4 is the most sold SUV in the world. Just throwing some facts there for you to consider.
@kryssmmmda1382
@kryssmmmda1382 3 месяца назад
RAV4 all the way .. no waiting time to charge and more space in car !
@PostprandialTorpor
@PostprandialTorpor Год назад
I would love to see a follow video of this comparing the model Y long range against the rav4prime model trims
@troyray7136
@troyray7136 Год назад
There’s not a dealership in the country that will sell you that rav4 XLE Hybrid for 37k OTD lol
@damham5689
@damham5689 Год назад
Lol. My comparison didn't let me favor Tesla, so Im changing it to make it work out the way I want it to. Lol
@googleuser211
@googleuser211 Год назад
Comparing the PRICE and the Convenience being the main factor for me - Rav4 all the way! Woodland edition.
@wabio
@wabio Год назад
I also heard that some states will start charging higher registration costs on EV's
@simongross3122
@simongross3122 Год назад
In Australia this will be the case. There will be a per-kilometer cost (or tax) because the state can't collect any taxes from petrol or diesel that nobody is buying.
@rogergeyer9851
@rogergeyer9851 Год назад
Jackson T: At some point they HAVE to charge BEV owners some sort of mileage based fee to pay for the roads, unless they plan to go to something completely different, re taxing for road maintenance. But things change over time -- not just that.
@jasonquito9156
@jasonquito9156 Год назад
Hi, I just ordered 2023 model 3 rwd and it cost me 45k plus in total 5.44 % interest rate and live in new jersey you get $4,000 state discount up front plus to state tax around 6% and I'm qualified for the $7,500 federal tax credit total savings is around $15K and total cost after all credit is $32,000 plus. Rav 4 prime cost $45,000 to $51,000 at the dealership plus you have to pay state tax and No state credit and federal tax credit thanks I apologized for my writing and wording.
@ClaudioAguileraMunoz
@ClaudioAguileraMunoz 5 месяцев назад
in my country (Chile), the cost per kwh in low-speed normal plug is around $100clp (US$ 0.11). Leaving the car charging at night gives me a full battery charge with US$8.5 ... that's $0.017 per mile, or, in the example, only $1.190 in 5 years. I believe that the big advantage of pure electric vehicles is that you can charge them like a phone. The cost is ridiculously low.
@jeffbricker8763
@jeffbricker8763 14 дней назад
I actually have both cars, 2019 Rav4 hybrid, and 2023 model Y LR… love them both, Tesla is much more fun to drive, but I really miss the Apple Car Play in the Tesla. Also missing in the Tesla is satellite radio. If not for the tax credit, I probably would not have bought the Tesla.
@donbernie9346
@donbernie9346 5 месяцев назад
no one talks about re-sale value, that Tesla after 5 years value is going to be crap vs the rav4
@robertg2k
@robertg2k 5 месяцев назад
2021 Model Y Long Range AWD $31,700 with only 34k miles, this is in my area of California
@stephenrobertson2636
@stephenrobertson2636 Год назад
your insurance cost screen showed opposite costs as compared to your verbal description. So, which was correct?
@timram3766
@timram3766 Год назад
Great comparison; however in Europe, specifically in Germany, model Y has cost advantage already from the start; after governmental incentives for BEVs of 4500€, it costs 52.820€, while a similarly speced Rav4 Hybrid in Lounge edition costs 57.000€. Taking into account the same mileage of 14k miles a year, which translates to 112.000 kilometers in 5 years and a WLTP consumption of 16.9 kWh/100km for Model Y, this brings us to an overall consumption of 18.928 KWh consumed. With electricity prices for households in Germany averaging around 0.45€/kWh and Supercharger prices around the same level, total electricity costs results in 8.517€. Now, the RAV4 is rated at 5.6L/100km according to WLTP, with an average gasoline price of 1.75€/L it would amount to 10.976€ in 5 years. Depreciation is another issue in Europe and apparently massively differs from that of the US market. While highly speced cars depreciate way more than basic models, it can be retrieved from Toyota’s financing plan, that residual value after 5 years with that amount of miles on the clock would range somewhere around 40%, meaning the car lost 34.200€ in value, not even taking into account all possible governmental restrictions for fossil fuel cars in near future. For Model Y, deprecation is somewhat more difficult to predict, however, a direct comparison with Model 3 depreciation, can provide a fairly reliable depreciation numbers for model Y as well, i.e. somewhere around 50% after that mileage and age, meaning the Model Y lost around 26.410€ in value throughout the years. This brings us to a total cost of 34.925€ for the Model Y or 0.31€/kilometer, and 45.176€ for RAV4 Hybrid or 0.40€/kilometer. The costs of mandatory oil changes and yearly inspections at Toyota dealerships which can amount to nearly 2000€ in 5 years and yearly vehicle tax (BEVs are exempt) of 635€ in 5 years still disregarded. Including those, total costs for the RAV4 would amount to 47.811€ or 0.427€/ km, making the RAV4 37% more expensive to run than the Model Y. With rapidly growing acceptance for BEVs in Europe and steady decline in sales of ICE vehicles, the overall costs for RAV4 could be even higher
@markotrieste
@markotrieste Год назад
With 57k€ you get the RAV4 PHEV, which will use way less fuel. The most expensive HEV RAV4 is about 50k€.
@timram3766
@timram3766 Год назад
@@markotrieste A Non-PHEV version of RAV4 Hybrid Lounge 4x4 is listed at 56.590€ in Germany, with metallic paint added which is standard (white metallic) with Model Y, it costs 57.380€. And the estimated WLTP consumption is rated at 6.0L/100km which is even more than what used above for calculation. The PHEV version is listed at 66.790€.
@Ah-sun
@Ah-sun Месяц назад
I have too many criticisms about this video i dont even know where to start, and these criticisms will break ur conclusion. 1. I fail to understand how tesla insurance costs less than rav4 as shown on ur table. 2. I fail to see how the average 5 year maintenance is over 5k for a rav4. Toyotas literally require no maintenance or repair and yet maintenance in 5th year is over 2k??? Like what?? 3. I fail to see how an electric vehicle holds even REMOTELY CLOSE the resell value after 5 years. It DEFINITELY DOES NOT hold 70% of its value. Using KBB value is not reasonable 4. When met with so many variable ranges, it is not appropriate to take just “avg” - such as fuel, electricity, and trim level of rav4. We need to have high range/ low range for best case and worst case scenarios. Overall this is an extremely poor analysis. Or maybe im just too nit picky. Im a cpa. This doesnt make sense to me at all from a managerial accounting quantitive analysis. You also failed to incorporate any qualitative considerations. The video is not adequately researched and done.
@SNORKYMEDIA
@SNORKYMEDIA Год назад
i dont see "premium interior" and Model Y being in the same sentence
@danieldanforth9625
@danieldanforth9625 Месяц назад
Just bought a Nissan Ariya evolve plus in my first week I drove 1200 miles took two trips back-and-forth to New Hampshire from Connecticut spent $120 in charging using fast charging. I have taken this trip many times with my four-cylinder dodge caravan that same 1200 miles would’ve cost me $240 in gas. I’ve done this trip 15 times in the last year so I would say the EV Definitely wins with cost to run.
@robertt1336
@robertt1336 Год назад
Nicely laid out. I agree, the model y is worth extra. Cost of installing a charging system at your house may be a couple k more, but as you said with state/local incentives, this helps lower the Tesla below the Toyota. Illinois offers $4,000 on top of federal 7.5k… comes to an 11.5k tax benefit! A 54k model Y is only $43k here!!!
@darwinboor1300
@darwinboor1300 Год назад
We have 2 Teslas. Cost for home charging installation $450. Would have been less but we had a 50 foot run from our junction box.
@LionheartLivin
@LionheartLivin Год назад
Sticker price ICE = sticker price EV is when the mass adoption will start!!!;)
@niceguyrides
@niceguyrides Год назад
How the heck do you spend 5300$ on RAV4 maintenance in 5 years… I didn’t even come close to that even with a set of new tires. I’ve done this math every year for the last 5 years. Still have my RAV. Love the Teslas, and the tax credit helps, but it doesn’t make financial sense for me to replace a vehicle that will drive a lot more miles. Gas prices could change it. State incentives, etc… heck just the increase in payments for the extra 17000$ isn’t easy to deal with 200$ /month to save me 70$ in fueling expenses.
@rogergeyer9851
@rogergeyer9851 Год назад
NiceGuyRides: Agreed. In the real world with Toyotas in general, in 5 years of driving you might only do oil changes, a set of tires, some fluid and filter changes, and maybe a 12V battery. Realistically, to approach the $5000+ area for maintenance, that's more like in 12 or more years of Toyota sedan (not the RAV4, I know, but I'm a sedan person) ownership for me, and I've been owning such cars for over 40 years now. And that includes the first one that wasn't even fuel injected, had lots of body rust from winter, etc.
@Sebbuz11
@Sebbuz11 Год назад
@@rogergeyer9851 eheh my 12 volt battery on a 2007 Toyota Auris lasted almost 11 years…
@GTIZmoKiDD
@GTIZmoKiDD Год назад
I have a RAV4 Trd and I keep circling back to trading it on for a Tesla but I only owe 20k remaining and I would dig myself deeper if I go for the Tesla Y. Only reason why I want it is I have solar in my house and the fact that I will wake up to a fully charged car everyday not having to drive to the gas station anymore
@niceguyrides
@niceguyrides Год назад
@@GTIZmoKiDD a Tesla cannot replace my RAV4 because of ground clearance, and the AWD system on tha RAV4 is second to none. I actually use my SUV as an SUV. If I replace a car, It would be my wife’s Insight, but it gets 45mpg, so the economics become even worse. I would love an EV but it just doesn’t make financial sense just to skip a 5 minute trip to the gas station. Although it would be nice.
@GTIZmoKiDD
@GTIZmoKiDD Год назад
@@niceguyrides exactly lol. Maybe in the future but for now I think I’ll be sticking with the Rav4 aswell
@onlyonecannoli3952
@onlyonecannoli3952 21 день назад
In other words, contrary to your rationalization, the electric vehicle is NOT providing us with any major cost savings that are often touted when engaging in the EV vs Gas powered debate.
@leftwingersareweak
@leftwingersareweak Месяц назад
The depreciation of 20% doesn't seem right. It should be at least 40% after 5 years for the RAV4. I'm skeptical of the Tesla depreciation assumption, too.
@fb341
@fb341 Год назад
Thank you for the analysis. While I’m a big proponent of EVs in general, I don’t understand why such analysis only considers the basic cost of electricity per kWh when there are other electricity fees to be considered. For example, in my area, the basic service supply rate is $0.33/kWh, but that does not include the other fees, which total about $0.15/kWh. So, our effective electricity rate is $0.48/kWh. I’m sure many other states also have various fees that contribute to the per kWh rate. Therefore, you cannot only consider the cost of the basic service supply rate. What’s your thought about this?
@StewartMidwinter
@StewartMidwinter 9 месяцев назад
My thought is that, even if you don't own an electric vehicle, you still have to pay the fixed charges for the connection to your home, and such it's not fair to add them into the cost of wanting electric vehicle.
@Dpac1000
@Dpac1000 Месяц назад
Brother could you of fan boy Tesla anymore? maybe you didn't realise but every time you spoke negative about electric car, you gave a solution, eg price of car, insurance "only a little bit higher", Maintenance there plenty of door handle, charging cover, screen, sensor, camera to go wrong and has gone wrong. Also you failed to mention Ice car can be repaired any shop, for very cheap and the resale value of ice cars is very high, no one is looking for a old electric car with guaranteed failing battery. Final note there is not a single electric car out there that does what its advertise, so 28 kWh for 100 miles mean its closer to 40/50 kWh
@stevennelson7518
@stevennelson7518 Год назад
The Tesla will last 500,000 to 1,000,000 miles and is new technology. The RAV4 maybe 200,000 miles and is obsolete poisonous fumes technology with little resale value once people realize how superior EVs truly are.
@speedbird7976
@speedbird7976 Месяц назад
Problem is that the Toyota dealerships are marking them up and forcing dealer options on the RAV4. I’d love one but I love the straight forward pricing that Tesla has no reason why I should pay a different price than someone else buying the exact same vehicle.
@danieldanforth9625
@danieldanforth9625 Месяц назад
Also, I just installed a home charger and with my utility rate of 8.99 cents will take me $27 of electricity to fill a week is $75 a week in my van.
@fanaticvandal472
@fanaticvandal472 Год назад
The Rav4 does not improve after purchase, Teslas do with over the air update so this is another consideration
@ShamanNoodles
@ShamanNoodles Год назад
Tesla's batteries degrade by 6% each 100k miles. Fairly negligible but worth mentioning.
@FrenchyTube3
@FrenchyTube3 Год назад
@@ShamanNoodles then why are there hundreds of teslas on the road with 250k+ mi and still single digit battery degradation? lol
@ShamanNoodles
@ShamanNoodles Год назад
@@FrenchyTube3 this is what Tesla says, themselves. I'm sure it's an understatement to be certain. EV batteries also age more greatly over time than over mileage, so it's kind of a weird statement either way.
@FrenchyTube3
@FrenchyTube3 Год назад
@@ShamanNoodles whatever you say lol
@ShamanNoodles
@ShamanNoodles Год назад
@@FrenchyTube3 Okay, Elon fanboy. How's that Dogecoin "investment" treatin ya?
@dng1919
@dng1919 6 месяцев назад
Using Edmund website for true cost to own for 5 years. 2024 Model Y Performance: $76,790 (w/ max tax credit: $72,668) RAV4 Hybrid XLE: $50,975. Come on, it takes this video 15 minutes to explain something that takes about 5 minutes to analyze.
@theredscourge
@theredscourge Год назад
So if it costs 4 cents per mile more for an electric car than a hybrid, why does it make sense to say the environmental benefits outweigh those 4 cents? Cost and environmental impact are linked, because 15% of the cost of everything is the energy required to manufacture and distribute the thing you're buying. Another 15% or so is labor and overhead like plant property and equipment, and the rest is usually mostly the cost of producing the input materials, which includes mining, refining, dirty refining and manufacturing processes, etc. In other words, if you are buying something that is more expensive with the intent of helping the environment, you are very likely actually doing the opposite. Also, all government subsidies should be excluded, because those don't magically make a car less impactful on the environment to produce, they just reduce the cost to the end consumer to encourage them to buy a more expensive thing in the hope that at some point in the future it will not have been a wasteful investment.
@sergelbergeron
@sergelbergeron Год назад
Don’t forget your are not always charging at home. SuperChargers kw 3xmore expensive than at home. In my case I charge 80%% of the time at home
@rogergeyer9851
@rogergeyer9851 Год назад
sergelbergeron: But that depends on where you live. Many apartment dwellers can't charge at home, or can't do so conveniently/consistently. So that very much depends, which is part of the reason things get better for BEV's in the long run, as charging infrastructure gradually improves during the BEV buildout, which will take decades.
@sergelbergeron
@sergelbergeron Год назад
@@rogergeyer9851 i just think it is worth mentioning that Superchargers rates are certainly not 16 cents/KW. Thus the comparison is not exact and be misleading.
@marcuslang6153
@marcuslang6153 2 месяца назад
Today, there is no tax credit for tesla y, is there? The depreciation for evs has also worsened? Toyota, on the other hand, is more desirable than ever. Thorough design and production and bullet proof, frugal drive train is the way to go, like it seems...
@jairusfojas8788
@jairusfojas8788 3 месяца назад
Fuel price is over 4bucks now a days. California crazy gasoline price 7 bucks a gallon!!!!! Where do I get $3.30 gallon of gas?
@apollo1464
@apollo1464 9 месяцев назад
So I’m about to buy a regular RAV4. I will likely do over 20k miles a year. I think it is a better choice right now than either of these. why? Model Y battery very expensive to replace, supercharger cost is more and fries the battery quicker. Very expensive to replace RAV4 HYBRID cost more than regular one. That cost plus the possibility of hybrid system and/or battery failure when out of warranty would blow away and savings. I know these systems have longer warranties but if you plan to drive past warranty time the regular RAV4 is better choice. I drove a model Y. Amazing! I want one, but for now if you have to drive a lot and want to keep for long term get RAV4 regular. Low miles yearly or like getting a newer vehicle every 2 years go with Model Y and charge at home. Tech will get better so in a few years the Tesla will be a better choice for sure.
@NiranjanAnandam-c5q
@NiranjanAnandam-c5q 6 месяцев назад
Dude, the fucking noise that comes out of gasoline engines matches no money comparison. The only reason I think of RAV4 hyrbid is accessibility to charging and wait time for charging. I dont even know how this guy comes up 2000 + 2000 for maintenance of tesla. Its simply bullshit
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