I want to know who has that kind of money.
this post was submitted on 24 Aug 2023
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[Dormant] Electric Vehicles
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$49,900?
...yes? Do you have that kind of money?
I feel like some simple demographics data could clear this up. The answer is a lot of people. Like the top 5-10% in developed countries could afford a polestar 2. There are like 120M households in the US alone, so 6 million on the low end? Then there are folks that can't actually afford cars but buy them anyway (super common in the US too). I personally think spending this much on any car is ridiculous, but I'm a scumbag ebike rider first and an EV enthusiast a distant second.
We need a revolution.
Liquid to drop on that or willing to drop that much? No.
But I'm willing to finance it granted the monthly cost isn't outrageous.
The monthly cost IS outrageous.
They don't. That why car loans are 96 months now.
Even the lease price is outrageous!
I’ve seen like three in my city, I live in St. Louis, we’re not considered a wealthy city. 50k isn’t crazy for a vehicle, every new truck you see is that or more, many of the land-ship SUVs you see everywhere. I’ve seen more hummer EVs in St. Louis than I have polestar or rivian sand they twice the price of the polestar or rivian
Who are these people, and how can WE take their money??
People born into middling wealth or a job that pays more than it should, inherited grandads company or whatever. They’re not old wealth but have enough inherited where they can overpay for McMansions and be stupid with purchases because they know there’s a bailout if they need it
It was a two part question. ;-)