The point is EVs cost more (sticker price) than gas cars and have less utility.
I'd consider an EV for my daily commute if I could buy a new one for $10K. I think that's a reasonable price for a small car that has maybe a 100 mile range.
But automakers are offering $50K cars and above that don't fully replace gas cars. No thanks.
The sticker price is just the "obvious" price you see when it comes to owning a vehicle. But everything else still matters, routine maintenance and gas alike. Ignoring it only sets yourself up for being surprised when those bills come due.
> I'd consider an EV for my daily commute if I could buy a new one for $10K.
I'd consider an ICE vehicle if I could buy a new one for $10K. Have a suggestion?
There's a steady supply of used vehicles which you can expect another 100K-200K miles out of (i.e. the lifespan of a set of EV batteries). My two vehicles are both 8+ years with more than 100K miles (one approaching 200K) and neither requires significant maintenance outside the standard replacement of fluids and filters each year - the total amount I spend on them is less than a single car payment on a Model 3 or Mach-E, perhaps three payments if you count gas.
12,000 miles / 25mpg * $5/gallon = $2400
Maintenance is, at a very high estimate, $1000 per year, and that's paying a shop for everything - far less if I did it myself
Payments on a 5 year loan at 6% for a $40K EV (such as the Tesla 3) is $773/month or 9276/yr
On my local Craigslist I can find my vehicle, one year older but significantly lower mileage (85K) for $18000. I can find my vehicle but with more miles (222K) for $4000 (admittedly that sounds low and I have suspicions) or my vehicle with slightly higher mileage (115K) but in a higher trim for $11K.
You'll forgive me for continuing to drive my car or for buying an exact replacement rather than rushing to buy an EV.
We are still pretty close to this even with inflation, cheapest is around $16k sticker from a quick search. I remember not too long ago Hyundai was giving cars for sub 10k new.
My in-laws bought two new—yes, new—ICE cars (some Chevy model, I think) for under $10k, total, not each, 12ish years ago. Car prices have gone totally bananas since then. I hate whatever’s happening with that.
People who like to stand out buy big cars. Big cars make people in small cars feel unsafe. So people replace their small cars with big cars. So, people in big cars buy bigger cars.....and so on.
So now every car has to have more 'safety'. Maybe if the car hitting me wasn't 5000lbs, at chest level and didn't accelerate like a bullet..... I wouldn't need more 'safety'. So now every one has bigger, "safer" and more expensive cars....... all while American road deaths keep growing with no limits in sight.
One day I will see a Ford-150 bed used for pickup truck tasks. Today is not that day.
No, it's the fact Cash for Clunkers ruined the used car economy. I've always driven used cars. A 2007 VW Jetta. A 2008 Mazda Protege, a 2002 Oldsmobile (until 2018). From 2018 to 2023 a 2007 Toyota Prius. 2023 a 2013 RAV4.
I looked at EVERY used car in a 100 mile radius on every platform you can think of and the 2013 RAV4 with 105,000 miles at 15k hit the dealer lot the night before I purchased (they had multiple calls for that vehicle while I was filling out paperwork). Its because all the old people sold off there late 90's and 2000's cars that there STILL are no used cars anymore that aren't absolute junk (155k mileage plus junk selling for 15k - 20k). This lets dealerships sell new cars & trucks for way, way too much. If Cash for Clunkers never happened, used cars would be the competition for new cars like the Toyota Camry which are uncomfortable, basic vehicles but which set the pricing floor for the other manufacturers vehicle lines. No competition so set it at a high price point marketing it as new even though the rest of it is junk and then you can charge a premium on oyher vehicle options. (Hate the Canry but I love Toyota vehicles don't get me wrong).
All us poor people who just want a to work and back vehicle & who would buy off craigslist from private sellers don't have a market anymore and have to go dealerships. Pickups are overpriced I'll agree, and are faux status symbols, but the used market itself reaked havoc on trucks too.
The cheapest Chevy from 2010 I can find is the 2010 Aveo LS at $11,965. My only guess is that it was some 2010 model that had been sitting for 10+ months and they needed to get them off the lot.
Even with this, a new Aveo for $12k in 2010 would now be ~$17k with inflation. New cars today seem to be around $17k and that includes the Versa and the Mirage. Of course wages haven't risen with inflation but that's another can of worms.
To be fair, I don’t think they’d have gotten a single one for $5k or less, and only got that price by buying the pair, and I think the new model years were about to arrive or just had. But they were new cars!
So because she ignored both the beep and the reserve light turning on you spend quite a bit extra up front. More than once!
I'm willing to bet she isn't that dumb.
I will admit that I ran a car out of gas once in the last 40 years: driving to Flagstaff AZ in a Prius there aren't many gas stations and I ignored the reserve light and the beep because I thought I could make it. Nope! 5 miles short. Maybe the 3000' grade I had to climb just before had some influence. However... never again. OTOH, that Prius that ran out of gas traveled several thousand miles over the years at over 90mph across the West, getting ~40mpg which works out to ~400 mile range. That right there is the entire argument, done.
To be fair, the car she had at the time did not beep on low gas.
That said, most of the utility comes from not having to spend time stopping by a gas station to fill up. Just park in the garage and spend about 10 seconds plugging in the car, and it's filled up in the morning ready to go.
The flip side of this point is for non-trivial distances the people in the ICE vehicles with 400+ mile ranges mostly invariant to speed only now begin to realize how amazingly convenient it is to only have to stop for < 10 minutes every 5-6 hours or so.
Do people who think the only use of a vehicle is the home-work-supplies circuit? Don't you ever take a weekend off and go out of town? You really want to deal with the whole rental car scenario when you're supposed to be off? Or, oh well, I'm just gonna commit to spending a good chunk of my time on this vacation sitting around twiddling my thumbs at a charging station. I got an acquaintance who drove a decaying Tesla with <200 mile range from Atlanta to NYC and back and then bragged to me "it wasn't that bad". Yeah, I was polite.
Lotsa magical thinking going on here. And I haven't even pointed out that in vast swathes of the country the rental car option isn't even remotely convenient.
Honestly, it just depends. Atlanta to NYC would be a 2 day for me. Even in the gas car, I'd only do ~650-700 before a stop.
In an EV, that's ~11 hours on day 1, charge up at the hotel, and do one 15 minute stop on day 2. Before I had an EV, I'd do the same thing, just with ~10 hours on day 1 and my stop on day 2 might be at a different place.
But this is traveling for leisure with family. It might be different if I were really desperate to get there fast. I'd never rent a gas car to save the couple of hours, but also arrive much more tired.
I'd consider an EV for my daily commute if I could buy a new one for $10K. I think that's a reasonable price for a small car that has maybe a 100 mile range.
But automakers are offering $50K cars and above that don't fully replace gas cars. No thanks.