this post was submitted on 26 Jul 2023
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Because a $50k BMW is going to be much better equipped than a $50k EV. That comparison isn't a good one to make, because a $50k EV right now would be equipment equivalent for a $30-40k ICE vehicle.
Again the economics aren't there. A $30k used Model 3 with its creaking suspension and beaten interior would need to compete against a $26k new hybrid like the Prius LE. That prius is brand new, massively cheaper to repair and maintain, and will easily last you 10-12 years. Making that $140 a month an upside down prospect, given the fuel efficiency of the Prius.