this post was submitted on 25 Dec 2023
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I can't even fathom the amount of money I've saved from buying older used vehicles and doing all my own automotive work on them, or fixing all my appliances. I couldn't fathom a $400 vehicle payment. My prius I've had for three years I installed a new oem hybrid battery in and have a grand total of about $7,000 into (three years of tires and replacement parts and buying the car itself). Never had a vehicle loan in my 25 years of driving.
I wouldnt dream of swapping out a gas tank, or a combustion engine, but I did a diy battery swap on my gen 1 Leaf, and it was surprisingly easy (well, physically it was hell, but engineering-wise it was a piece of cake).
My attitude to fixing anything is "well, it doesn't work now, it's not like I could break it more". Swapped out a 3 euro rubber ring on a 400 euro coffee machine last week, and feeling pretty good about it.
The leaf is quite doable, because it has a small battery and a small range. Most evs though, and the ranges that are needed to be a full on vehicle replacement without the need of a 2nd ice vehicle for trips out of town are far beyond the 85 mile range of a subcompact car like the leaf. The batteries are over 1,000 pounds and run the length of the vehicles underside.
I can swap out a 4 cylinder ice at my house (sure, that is beyond your average do it yourselfer). In no way could I swap out a 1,060 pound battery in a tesla model 3.
For the record, swapping out a gas tank is not very hard.
What time are you from where a $400 vehicle payment is a lot?
I mean yes, people have payments over 700 a month but to me, paying 400 would be a lot.
Many people have payments over $700 a month.
60 months at $700 a month is $42 000 and thatβs not much when you include financing cost.