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To me, there is just a class of people who are simply out of touch with reality. While I could afford the monthly payment on a $41k car, I would never do that

To me, there is just a class of people who are simply out of touch with reality. While I could afford the monthly payment on a $41k car, I would never do that when I would be starting my comparison with a $16k Nissan Versa. Then on top of that, there are many who would be starting with a Nissan Versa because they simply can't afford an EV even if they wanted to. EV discussion always ends up being what the best espresso maker is when a huge % of the population is just going to buy the cheapest coffee maker they can because they are too broke to buy much else.

nebula8804 3y ago
This exactly! A large part of the market is actually shopping below the price of a new car because thats all they can do. Its getting worse since those buyers are being priced out more and more everyday. We have reached peak auto in America as well. [1]:https://www.youtube.com/watch?v=B2wHh6sduVw https://www.youtube.com/watch?v=B2wHh6sduVw The last car I owned (Mazda3) lasted me 10 years and cost me 6k (I bought it at 60K miles) The CX-5 is what I consider a stretch purchase. I can easily afford it but after working 15 years I feel like I wanted to get something I consider upscale. Really wish more EVs were in this price range but if you include the nonsense that Tesla does with repair costs, the fact that even in 2024 it is still up in the air whether or not they can consistently build a reliable car, and all the other OEMs just messing around with bad designs, the state of EVs is pretty poor. :/ Like I mentioned in my previous post: This isn't a situation where ICE cars are so horridly bad that most people's day to day lives are made worse. You could maybe say that for some EVs though. People are quite happy with their ICE cars, and EV makers need to not only overcome all the issues that they have, they also need to overcome this friction to switching.

nebula8804 3y ago

This exactly! A large part of the market is actually shopping below the price of a new car because thats all they can do. Its getting worse since those buyers are being priced out more and more everyday. We have reached peak auto in America as well. [1]:https://www.youtube.com/watch?v=B2wHh6sduVw https://www.youtube.com/watch?v=B2wHh6sduVw The last car I owned (Mazda3) lasted me 10 years and cost me 6k (I bought it at 60K miles) The CX-5 is what I consider a stretch purchase. I can easily afford it but after working 15 years I feel like I wanted to get something I consider upscale. Really wish more EVs were in this price range but if you include the nonsense that Tesla does with repair costs, the fact that even in 2024 it is still up in the air whether or not they can consistently build a reliable car, and all the other OEMs just messing around with bad designs, the state of EVs is pretty poor. :/ Like I mentioned in my previous post: This isn't a situation where ICE cars are so horridly bad that most people's day to day lives are made worse. You could maybe say that for some EVs though. People are quite happy with their ICE cars, and EV makers need to not only overcome all the issues that they have, they also need to overcome this friction to switching.