Automobile Enthusiasts
Related: About this forumExpensive EVs skew the analysis.
I'm watching a TV news story discouraging consumers from buying EVs. The payback time is seven years, a figure influenced by the high cost of buying one. Once lower cost EVs become more common, the payback period will shrink. And the individual consumer is not tied to the average price. If I want one, I can buy a cheaper model. Anyway, another installation in the anti-EV soap opera.
Mosby
(17,585 posts)I expect they didn't factor in an engine overhaul for a gas car, either.
Mosby
(17,585 posts)My Toyota has 209,000 miles on it, never had the engine worked on.
flvegan
(64,640 posts)I would imagine that would shorten the "payback time" even figuring in any tax credits on a new one. Now, I'm not really in the EV market at the moment. However, as a petrolhead, I have my EVs of interest. For example, the Kia EV6 GT. AWD, like 600 hp. Looking at one now on AutoTrader. Original window sticker was $64k. Dealer is asking for $40k with 7k miles. That seems like an absolute bargain. 0-60 in 3.2, 1/4 mile in 11.6. In comparison, that's faster than the new Mustang GT Dark Horse or Dodge Challenger Scat Pack. Honestly, those are Hellcat numbers. Amazing. Sorry, I got off topic. So, anyway...
I've looked at used "Mustang" Mach-Es and they have amazing prices, but that seems to potentially be due to a fairly problematic recall.
For the record, this is apples to apples, as I'd never buy a ICE car brand new either.