$50+K to start. Maybe there’s a market for it, but how the hell is anyone affording vehicles these days? Even if you stretch the payments out 72 months, you’re at $700+ a month. Add insurance, charging, etc. you are easily over $1000 a month.
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New vehicles have always been far too expensive for a lot of people. Expecting even the lower middle class to buy new is misguided. I'm 44. I think I've know people who bought new, 3 times. I've never bought a new car in my life.
I always recommend getting a lightly used car, preferably one that came off lease. It will still have all the warranty, be fairly up to date on safety / features, and be half the price or less of a new car.
The only reason I have ever condoned buying a new car, is if it’s at the end year and they are clearing inventory, or if it’s new old stock. If you find a 2023 model car on the lot in January of 2024 the amount of discounts to get that car off lot will be insane. I got a car that was retailing at $45k+ earlier in the year for just under $30k. They were trying to clear inventory, because the next day they were getting their shipment in of the next year’s model.
I've only ever bought one car new and that's exactly how it happened for me. Shopping in December, dealer had just one of that model year left. It was very well loaded but I had come to them saying I was only looking for something mid range. I'm the end I paid the mid range price I was hoping for but with a lot of extra bells and whistles. There's a lot to be said for timing and patience in the car world.
Of course that was pre pandemic and everything now is getting squeezed. I'm not sure the same rules apply.
They certainly do, I got mine last year. Once the supply chain sorted itself out it went back to normal.
I don't know about "always." They were certainly affordable 60 years ago. Everything just went to shit in the 80s after Reagan decided to ratfuck the middle class
Used EVs are looking like not as good a deal as used ICE vehicles due to the battery replacement costs.
The standard battery warranty now is 10years and 100,000miles, with >80% of battery life.
Battery replacement is less of an issue than fear of battery replacement, when buying used EVs.
The car I'm driving is 25 years old
Then it's well out of the warranty period also. And longterm maintenance costs are much more on ICEs than EVs. You'll save more over time, even with the larger one time cost on your second battery.
You seem so certain of that, but the numbers don't add up when I run them.
What are your numbers?
I have to assume incumbent automakers have already internally ceded the mass market to BYD and only want to sell luxury cars in the US.
Maybe leases?
It still boggles the mind that with the success Ford has had with the maverick that they still come out with these fucking behemoths
I mean, even with the Maverick’s success I still see 10x more F150s on the road.
I continue to lack 50k to drop on a new car. Reasonably priced?
Maybe one day those small, affordable trucks like the Chevy Luv, the Mazda B1000, or even the el Camino will make a comeback.
Omg fuck this company. Give me electric compact cars and sedans at 25k.