• finn@lemmy.world
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    1 year ago

    I haven’t purchased an EV because they’re more expensive than an equivalent ICE vehicle. My current vehicle cost me $2,500 USD. My hope is that the used EV market continues to expand while economies of scale push prices down.

    • Paralda@programming.dev
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      1 year ago

      Depending on how much you drive and how expensive your local energy bill is, the economics can work out better than you think.

      I usually charge at home, and my equivilant cost per gallon (assuming 25mpg) is about $0.50/gallon.

      If I drive 1000 miles per month, that’s about $140/month I’m saving. If gas prices increase to $6/gallon, which I’m sure they will eventually, that’s $220/month.

      It doesn’t justify a new Tesla, but used ones are getting cheaper finally.

      • finn@lemmy.world
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        1 year ago

        Lol I will not purchase a Tesla out of principle. I get your point though. It feels like we have some ways to go before the used EV market is actually competitive, but I am hopeful for the future.