this post was submitted on 26 May 2026
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Some of your concerns may be valid, but I pay relatively high prices for electricity, 35¢/kWH, and even at that price, the hit to my electric bill is half what I used to spend on gasoline. Current gas price make that even better
It's less about the gas and electricity than it is about adding a car note and higher insurance.
What's car note?
Note = loan in this context. OP is saying he doesn't want the burden of a monthly payment on a new car, and would rather buy a cheaper car that he doesn't need to borrow for. (Although these are becoming harder to find, at least in the US....)