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Technology Stocks : The Electric Car, or MPG "what me worry?"

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To: Eric who wrote (3858)6/12/2017 3:16:59 PM
From: Maurice Winn1 Recommendation

Recommended By
Maple MAGA

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Eric, I notice you either don't know, are embarrassed to say, or avoided the question for some reason. When people do that, it's because their position is unsound or they have some other odd thing going on.

If you were proud of the answer, or it was easily answered without agreeing with the criticism. You aren't proud so try to change the subject,

Since you are curious about my cars, and it might help you or others, I'm happy to explain that cars have costs to operate them.

Depreciation for a start - new cars especially depreciate quickly.
Then there's the cost of capital
Then there are the operating costs of the new car - electricity isn't free
And cost of inconvenience and time to mess around recharging

Compare those with my good old Camry
Depreciation = $100 a year instead of about $5,000 or $10,000 if I got a spiffing new
Having NZ$50,000 or so sitting in the shed would be expensive - even the bank pays 3% interest
Then I'd have to buy electricity or a big photovoltaic panel and put it on the shed roof.
And when in the outback I'd have to find a supercharger somewhere. Good luck with that. And it woudl already have a queue at it.

So we still have the good old Camry and Nissan SSS. I do change the fluids once in a blue moon. So there's a slight maintenance cost. Come to think of it, new spark plugs in the Camry would be good. I'll get cheap ones instead of platinum as they'll likely last the distance now it's getting old.

Maybe you haven't studied economics so don't know words like opportunity cost. But even regular people who haven't studied economics should be able to figure that out.

Anyway, why did you avoid the question? A personality issue due to upbringing, or some other problem?

I'm happy to provide free psychological counseling if it will help you with reality which is a notoriously horrible place but that can be minimized and even made a lot of fun at times, with much happiness.

Mqurice
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