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    What Five Years With A Cybertruck Really Costs

    2 days ago

    Start with the purchase. Using a typical spec, the analysis assumes an average transaction price of 116,706 dollars for a Cybertruck. Add roughly seven percent in sales tax around 8,169 dollars and a registration fee of 1,100 dollars. Finance it, as most buyers do, and a five year loan adds another 11,000 dollars in interest. Before the truck has even left the driveway the real cost is already well north of the headline sticker. Running costs are where the picture really fills out. Insurance adjusted for the Cybertruck’s size, weight and repair costs was estimated at 22,232 dollars over five years. Out of warranty repairs were pegged at 6,371 dollars a conservative figure in a market where bodywork on low volume stainless panels is still an unknown. Charging is cheaper than petrol or diesel, but not free the host budgeted 5,934 dollars for five years of electricity. Tyres, a consumable that takes a beating on a heavy, high performance pickup, were costed at 4,800 dollars for replacements. Then come the extras that often get ignored in showroom maths. Basic accessories such as liners and organisers added around 1,000 dollars. Subscription services, including Tesla’s Full Self Driving software, came in at 8,495 dollars over the period. A home charging setup was estimated at 1,700 dollars for hardware and installation. Line those figures up and the five year outlay to buy, run and equip the truck lands at roughly 188,000 dollars. The final twist is resale. The host assumed a five year old Cybertruck with 75,000 miles might fetch around 35,000 dollars on trade in. Subtract that from the 188,000 dollar total outlay and you are left having effectively spent about 153,309 dollars to have the vehicle for those five years. Broken down, that works out to roughly 2,555 dollars per month simply for the privilege of owning and using the truck before fuel savings or tax incentives are even considered. It is only one set of assumptions, and real world numbers will vary with local taxes, energy prices, finance deals and resale values. But the exercise is a useful corrective to the idea that electric automatically means cheap to own. In the Cybertruck’s case, the calculations suggest that the real shock may not be range or charging times, but the long term hit to the wallet.
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