Don’t forget to factor in accelerated EV depreciation as well, if we are talking dollars in terms of “investment”. The secondary market on these things is nuts, save for first years of anticipated releases during 2022 like the Rivian. Even that has collapsed though.
They should be for “appliance vehicles”. There’s a long long market for specialty vehicles though. I’m sad to see the end of V8, and V10 sedans though.
I think we need to move past the idea you’ll “save money” by buying an EV. Factor in upfront purchase price, taxes, depreciation especially - cars a generally a bad financial decision, EVs are no exception.
Also EVs are generally unattractive, with modern for the sake of being modern unintuitive interiors, the novelty of EVs is long gone. They are quick to 60 though.
I don’t know, I think this is a good post. A large portion of the EV noise is about how you’ll save money, and I think the EV segment does itself no favors by perpetuating it. Just be real.
There are a handful of reasons an EV is right for specific use cases. “Saving money” is definitely not one.
Like, 98% or the people that can even use any of the vanishing tax credits aren’t the people that can afford a $60k car anyway lol