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Battery electric vehicles lose their spark in Europe as hybrids steal the show
(www.theregister.com)
this post was submitted on 20 Jun 2024
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That's really the only thing preventing mass adaptation, but as long as they're so expensive (which they likely will be until we see a new battery technology) they simply aren't a viable choice for many people.
Many of the people who are willing to spend a fortune on a vehicle already get an EV in the last few years (which they still are using rn), resulting in declining sales. It is time to cater to a broader market: more budget conscious people!
I just don't trust the used market or resale value of these things. I bought a new ICE vehicle and don't plan on considering EV or electric for at least another decade
I always wonder who is buying brand new vehicles. Why buy new instead of a car from one year ago?
Depends on the cost of new vs used..extra warranty on new, and cheaper monthly rates on new compared to used.
Financially, depending on the cars being compared it can actually be cheaper in the long run to buy new instead of used.
Every comparison I've ever seen puts the new car as far, far more expensive than used.
Do two cars have to be different models and different years? Can it work out to compare the same trim level of the same car, and have the new one cost less overall than the used one?
I've never figured for any warranty in my car buying, so I'm playing a whole different ballgame here. I just go by advertised price, average gas milage, and how expensive is it when it breaks?