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July 08, 2011

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Fred

I guess the question is what happen after the first 3 years? The gas price must be at least doubling the US price in Israel. For the same distance of driving, you pay around 1500 per year on gas. The point is that depreciation is the largest component of car ownership for the first 5 years not the energy consumption cost. Unless there is another government incentive, the business model does not work in most countries.

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