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Yes, this current crop of vehicles is still on the high even of what a middle-class family might spend on a car, calling the for the rich is an exaggeration. If
by Tagbert 4y ago
Yes, this current crop of vehicles is still on the high even of what a middle-class family might spend on a car, calling the for the rich is an exaggeration. If you only look at Teslas and Porches you are not seeing the complete picture. You’ve also got Hyundais, Kira, Fords, and Chevys at lower prices. The next round of vehicles promise to be less expensive. New cars have always been hard to afford for the lowest incomes but as sales volumes increase, that means a large supply of used cars start to become available.
- chrisjc 4y agoI've come to understand that when I hear this "EVs are for the rich" argument, it's not about the cost of the vehicle. Or at least that's not really the issue today (just as you suggested, we bought an immaculate used eGolf with low miles for ~16k). One of the most expensive parts of owning an EV is the charging part. If you don't have your own charging point, you probably need to forget about EVs if you're in the market for a car. Sure there are people that make it work by charging at work or live in an apartment complex with a couple of community chargers, but for most people with kids just trying to make ends meet, etc... it just isn't worth the extra hassle.