I’d argue that price isn’t the thing keeping people away from EVs. You can buy a relatively inexpensive EV if you want to.
Not him and it may not be the only thing, but it’s a main thing.
30k is a lot for a new car, and most EVs I’ve seen start at 30k.
You can buy a used ICE car you can get years out of for less than 10k. Financially savvy people know that the savings in gas will take years to recoup depending upon how often you drive the car.
Then there’s depreciation because a used EV with limited range is practically worthless, replacing a battery in one can run up to 15k, and Chevys in general don’t hold their value.
Now is price the only thing? No. I personally also am a little hesitant to buy one and the hidden costs of having to upgrade my electrical in the garage in order to effectively charge it, and I suspect others have similar concerns.
All that said my next vehicle will likely be an EV, and I really hope Honda gets its act together because if not I’ll end up having to go with someone else.
You can buy a used ICE car you can get years out of for less than 10k.
Ehhhh not anymore… this could just vary by location, but these days it’s not easy to find a used car like you describe for under 10k, unless it’s 15+ years old with 150k+ miles on it, then maybe you’ll find something in the $8-10k range. But that’s a roll of the dice. A car like that might only last you a year, if that.
The used car market in the US is completely fucked since COVID. And knowing how capitalism works, I imagine this is the “new normal” when it comes to used cars, and we all better start getting used to it.
Not him and it may not be the only thing, but it’s a main thing.
30k is a lot for a new car, and most EVs I’ve seen start at 30k.
You can buy a used ICE car you can get years out of for less than 10k. Financially savvy people know that the savings in gas will take years to recoup depending upon how often you drive the car.
Then there’s depreciation because a used EV with limited range is practically worthless, replacing a battery in one can run up to 15k, and Chevys in general don’t hold their value.
Now is price the only thing? No. I personally also am a little hesitant to buy one and the hidden costs of having to upgrade my electrical in the garage in order to effectively charge it, and I suspect others have similar concerns.
All that said my next vehicle will likely be an EV, and I really hope Honda gets its act together because if not I’ll end up having to go with someone else.
Ehhhh not anymore… this could just vary by location, but these days it’s not easy to find a used car like you describe for under 10k, unless it’s 15+ years old with 150k+ miles on it, then maybe you’ll find something in the $8-10k range. But that’s a roll of the dice. A car like that might only last you a year, if that.
The used car market in the US is completely fucked since COVID. And knowing how capitalism works, I imagine this is the “new normal” when it comes to used cars, and we all better start getting used to it.
I waited for Honda to come up with an electric or even a plug-in hybrid van, and gave up. Bought a Model Y.
Not saying 30k isn’t alot of money, but the average price for a new vehicle is in the mid 45s. Cars are just expensive.