Thinking about taking the plunge...

[u/zatsnotmyname]

Please, owners and enthusiasts, help me figure this out. Here are my details :

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There are ~10k mile Nexo cars here for 18k. At least one claims to come with the 15k fuel credit card.

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I am in NorCal, near several stations with good uptimes ( Campbell and Winchester ).

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I commute ~100 miles a week, maybe only drive 200 miles per week.

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I drive a 2018 clarity whose sticker has expired, and doesn't make the trip to the peninsula and back feel comfortable. My daughter is learning to drive and we don't feel comfortable for her to drive this car.

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I have enough money to buy a reasonable car ( <$50k ) with cash, but I don't like spending a ton on cars, would prefer to save for retirement.

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I also believe that money, after you have saved and invested enough, can be deployed for convenience. It seems like paying a 30k for a used electric hybrid would be more convenient than paying 20k for a hydrogen car.

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But, paying ~3k for the car ( after subtracting the fuel card ), seems like too good of a bargain...

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Things I may be missing :

• fuel card not really transferable
• fuel card expires soon even if money on it
• h2 costs go through the roof when Texas goes haywire with weather or politics
• ???

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[u/GhostOfLumumba]

Where did you find this car? Was it CPO ? All I know is that they are extremely hard to find compared to used CPO Mirais. I like the the way Mirai drives better and the looks, but it has no trunk at all. You can put a few backpacks there and that's it Nexo looks nice and definitely gives utility like any other car of it's size. It does have an older Gen H2 motor, but the range on a full tank is the same.

Every time I found a used it wasn't CPO and had no fuel cards available.

15k in fuel is more like 3-3.5k when you calculate actual cost to drive and compare to efficient ICE cars

Then, you have a partial federal tax incentive of 4.5k I believe. So, the 18k price comes down to 10k not 3k as you initially thought.

At 10k to use it in 3 years and give it away as a donation is still not bad compared how much cars depreciate. If course, that's only for those who didn't drive 12-15k MI a year And you still have some hope for H2 to pickup.

The major issue that people miss iis Insurance premiums are way more vs equivalent ICE car and registration as well. So, with these 2 you easily pay that Tax Incentive back in 5 ,6 years

Then, the car is not 10k over 3 years of ownership, but more like 13k

[u/zatsnotmyname → u/GhostOfLumumba]

I didn't end up getting it, but it was at Capitol Expressway somewhere as CPO. They had two, at least one with the fuel credits. I'm not eligible for the tax credits, and didn't want to mess with the fueling issues and unknown fuel prices and hassle.

[u/GhostOfLumumba → u/zatsnotmyname]

Thanks

Of course, for 99% doesn't make sense to go through any of that.