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Cybertruck owner shares how the vehicle saves him ‘thousands' every year when compared to a standard pickup truck

Home> Vehicles> Car news

Published 12:03 9 Jan 2025 GMT

Cybertruck owner shares how the vehicle saves him ‘thousands' every year when compared to a standard pickup truck

Turns out that owning a Tesla can actually save you money in the long run

Harry Boulton

Harry Boulton

One YouTuber has detailed how owning his Cybertruck has actually saved him thousands every year compared to a 'standard' pickup truck, and the results are hard to ignore.

Tesla's Cybertruck hasn't exactly had the best reception following it's 2023 release, receiving a number of negative reviews that point out 'terrifying' features that many consider to be dangerous.

Some have even ditched their Tesla trucks for old petrol cars due to the effects of colder weather, but the unique vehicle still has legions of fans behind its back - including one YouTuber who outlines quite an intriguing proposition.

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After reaching the 10,000 mile mark with his Cybertruck, Devon Loerop has outlined exactly how much the process cost him across the course of a year - comparing it specifically to internal combustion engine (ICE) equivalents like the Ford F-150 Raptor.

Surprisingly, the Cybertruck not only comes out on top when it comes to cost both in the short and long-term, but it's not even a competition!

Based on a case study of around 30,000 miles per year, Loerop estimates that the energy costs of the Cybertruck would total around $1,476 - working on the notion of around 100 charges at $0.12 per Kwh, which is the average price in his native state of Washington.

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This cost would increase by quite a bit if you were to only charge on the road at superchargers, but for most Tesla drivers charging exclusively at home is a more viable circumstance.

You can even get it cheaper too, as Loerop himself only pays around $600 per year due to the lower cost at his apartment block, and some staggering stories have managed to get the cost down to mere single digits too.

The F-150 Raptor doesn't come out nearly as favorably either, as the estimated 1,875 gallons of fuel needed at $4.50/gallon would set you back a staggering $8,424 for the year, and you'd also have to add on $450 for three oil changes.

He explains that one of the biggest benefits of Tesla cars is that they rarely (if ever) require servicing, whereas their ICE-equivalents need yearly oil changes and other adjustments. The flip side is that if your Tesla ever needed repairs then you're going to pay a far higher cost - especially as you can rarely repair it yourself.

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This is something that many second-hand Tesla buyers have found out too, as it can actually end up being cheaper to buy new due to the number of repairs that you can find in an older car.

You will end up paying around $1,000 more per-year with the Cybertruck compared to an F-150 Rapor, but the real killer blow is found when you see the ten-year cost estimate.

The decade-long cost for a Cybertruck is significantly lower than an F-150 Raptor (YouTube/Devon Loerop)
The decade-long cost for a Cybertruck is significantly lower than an F-150 Raptor (YouTube/Devon Loerop)

Accounting for the purchase price, electricity, and insurance, you'll end up paying around $183,016 across ten years for the Cybertruck. This decade-long investment is increased by over $50,000 when jumping over to an F-150 Raptor, as that'll set you back $237,476.

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It goes to show that the Cybertruck might have the edge across a decade if you're looking at things from a purely monetary perspective, so it's definitely something to consider if you're looking to pick up your next pickup for the long haul.

Featured Image Credit: Devon Loerop/YouTube
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