In most U.S. zip codes, electric vehicles are cost-competitive with their gas-powered counterparts, according to a new study. And regarding emissions benefits of EVs, individual driving patterns matter as much as regional factors like the local electricity mix.
Great, now can we make them more affordable please?
Certified Pre-Owned (cars returned to dealership when leases expire) 2/3 yr old models can be had 40-55% off MSRP with 10-20k miles on them.
Keep in mind no one pays msrp for a new vehicle, there is always a hefty discount unless it’s a very high demand model. I’ve never paid more than 80% of the list price for a new car
Yes, however, this is still the way to pursue an EV at present post-federal incentive(s) lapsing.
The EV depreciation table is set to begin normalizing for 2026 VINs but this issue can work to your advantage in finding a CPO deal. Also, leasing now will most likely create a backwardization scenario similar to ICO leases during Covid.
Meh. I’ll easily settle for better public transit, thanks.
You probably already know this but paper covers total cost of ownership. I think we agree cost of EVs is significantly inflated but for many use cases TCO is still lower than ICE vehicles. So if you’re in the market for purchasing a car definitely worth investigating!
The new Slate mini pick up trucks are expected to be in production this year and come in around $20k new. Used EVs already come in under $20k and are good enough for daily commuting in that price range, perhaps not long distance road trips at that price