Section 179 electric vehicles choices

[Steven Westlake]

I’m trying to get my head around electric vehicle choices and if the math now makes sense with $5 gal gas, or $7 diesel. I’m only looking at if the math can make sense, not environmental issues.

So I currently have a 2003 f150 4.2 v6 2wd, its gets around 15 mpg, and has 250k miles, so it’s eating parts pretty regularly. I burn around 50 gal per month, which right is about $250. I’m guessing oil changes and etc add another $50 per month. No clue how to estimate repairs.

I think as long as the gvwr is at least 6000 lbs, I could take the accelerated depreciation. Add that to the $250 in gas, etc. minus some estimated electric added usage, then add in the monthly cost of a similar gas version. If gas goes to 8 to 10 per gallon, I’m ahead, I don’t think the current government will let it drop down.

This would be a mostly a local vehicle, as my wife’s Honda CR-V would used for trips.

Does this seem like a sane approach? Or how would you all look at it?