For me it will never be practical to dump the car entirely, but every day I don't drive it is a priceless extra day before I have to replace a car. The old junk cars I always buy don't last so long, but doubling the time they last is turning out to save me a ton. The actual savings of about $12 per round trip may not be all cash in the pocket since the car is paid for now, but I garantee the repair costs I haven't paid have paid for a lot of ebike stuff. I don't spend much time in Auto Zone like I used to.
But for sure, I've spent a lot more than the original estimates on Ebikes, especially upgrading to nice bikes from the wall mart grade. And don't even ask what all the various tries at putting together a nice bike for dirt riding have cost. But those ebikes are not transportation, those are entertainment budget. Compared to snow skiing, or hot air ballooning, or owning a big 4x4, it's been cheap fun.
The one thing that is turning out right on is the battery costs. I don't use my 36v ping much anymore, perfering the 48v one, but its still going strong with nearly 6000 miles on it. So far the battery has cost 7.5 cents a mile, but I expect that to get cut in half eventually. But for now, it stands at $2.25 per day. So if you figure battery costs plus electricity, it comes close to gas costs. But with a car, it's the other costs that beat you like a dog. Repairs, purchase price, insurance, etc. The days of driving a car for 25 cents a mile are gone gone gone. Even a cheap used car is 50 cents a mile, and anything nice is pushing a dollar after paying 20K for it.