Our 2013 LEAF was totaled a couple months back when another driver ran a red light. Very fortunate no one was injured beyond some bruises. I was curious, so I did some rough number crunching.
We purchased the car for roughly $32,000, including taxes, in 2013. At the time we took advantage of the federal ($7,500) and state ($5,500) tax credits, which effectively lowered the purchase price to $19,000. We have solar PV on our house and I estimate that we saved, on average, $600 per year on fuel and maintenance costs (no oil changes, etc.), as compared to a comparable internal combustion engine vehicle. This “savings” gets us to $13,500 left on the purchase price.
About three years ago there was a hail storm. It did $4,000 in cosmetic damage to the LEAF. After deductible, we pocketed $3,500 and never got the vehicle repaired. So, we're at $10,000 and the payout for the total loss from the other driver’s insurance was $12,000.
So, in my book, we basically drove the vehicle 9+ years and netted $2,000 above what we paid for it. We got the added satifisfaction of driving $60k miles on electrons provided by the sun. Of course we still paid annual registration fees and insurance, so the vehicle still cost us something to maintain, but the car was a great value. It was also very reliable. One new set of wipers and tires, one cabin filter change, and windshield wiper fluid is the totality of what we put into the vehicle. Charged at home on 110 wall outlet.
On of the best financial decisions we ever made.