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> German carmaker plans to unveil affordable models in 2027 It's probably about time for "affordable". I thought "affordable" would be the name of the game rig

by rdtsc 2y ago

> German carmaker plans to unveil affordable models in 2027 It's probably about time for "affordable". I thought "affordable" would be the name of the game right from the start. But unfortunately, EVs even with tax cuts and credits are still just as expensive if not more so than regular vehicles. They are not even cheaper to insure either. So it's good they aim for affordability, but I am not sure in US $22k as quite low enough, at least not for me. As it stands with current number of chargers and gas prices I'd rather pay $24k for a basic Honda Civic. Maybe in some years, they'll make even more affordable models, we'd have longer lasting batteries, or there will be a lot more chargers around.

toomuchtodo 2y ago
With the used EV tax credit, I just put a friend in a used Model Y from Carmax for $22k out the door. ~44k miles on it, will last them at least 10 years (if not more), at which point EVs will be even better and cheaper. Certainly, driving down new EV prices is invaluable, but these vehicles can be had today at affordable prices in the used auto market.