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Yes, those are cars for the wealthy. Most people cannot even afford a car. If they can, they’re probably not buying a new car. And, if they do buy a new car,
by dogruck 9y ago
Yes, those are cars for the wealthy. Most people cannot even afford a car. If they can, they’re probably not buying a new car. And, if they do buy a new car, they’re probably looking to spend close to $20,000.
- akhilcacharya 9y agoMy parents just spent a little over $20k on a Leaf. Not exactly a Bentley.
- dogruck 9y agoCongratulations, your parents are relatively wealthy. And, did they buy a new one? MSRP is $30,680: https://www.nissanusa.com/electric-cars/leaf/versions-specs/version.s.html https://www.nissanusa.com/electric-cars/leaf/versions-specs/...
- akhilcacharya 9y agoNew, yes, $30k no. electric utility provided a significant deal. In some states you can apparently get the 2016 model for $15k out the door now.
- dogruck 9y agoA 2016 model year car, at the end of 2017, is not “new”. Also, I don’t know what specific electric utility subsidy you’re referring to, but that doesn’t help your argument, in this thread about subsidies, IMO. What was the out-the-door price for your parent’s 2017 Leaf?
- smileysteve 9y ago> If they can, they’re probably not buying a new car. While it's a subsidy; the benefits don't stop at the first purchase. As long as the subsidy continues, prices for used EVs will stay below prices of new EVs.
- dogruck 9y agoYou make a great point. I'd like to learn more about that dynamic of used car pricing. Do you have any pointers? Here are some thoughts I have which might introduce subtleties: * At some price level, there is a floor on "good condition used car that will safely take you from A to B", * A used EV also price-competes with all used cars, and perhaps even with new non-EVs.