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Very few people spend $25k up front for a car. They lease it or finance it over 60 or 72 months. Unless you’re referring to the psychological sticker shock onl
by aianus 6y ago
Very few people spend $25k up front for a car. They lease it or finance it over 60 or 72 months.
Unless you’re referring to the psychological sticker shock only and not the actual cash flow implications.
- gsnedders 6y agoAnd that ignores the fact that the majority of car sales are not new cars, so the average purchase price of a car is lower still. Even once the majority of new car sales are EVs, we still have a long way to go (with both energy generation and the long period before the majority of miles driven are in EVs).