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this post was submitted on 20 Jul 2024
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Electric Vehicles
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In the US, EVs are still in the upper high end of car prices.
And cheaper ones are being kneecapped by the government because they want to keep supporting the incumbents
Most are quite firmly mid range. $40K to $100K.
I make $50k a year. Most Americans make less than I do. Mid range or not, that's not in reach for most people.
Also true
Nonsense. If you bring home more than $350 per week, then you can get up to $30,000 in credit for only one dime down.
It's a crime to pay more than a dime.
And now I have a new monthly payment, which depending on where I get it can be rather tough depending on a variety of factors. I'm not a banker, I can't weigh in too intelligently on this part, but I have had a car payment before and been laid off. That monthly payment ate through my savings damn fast while I was looking for a job. Lesson learned, I'm not inclined to buy anything with a loan any time soon. I just don't trust it
My man, a mid range car should be priced at like 20-30k Canadian, not 40k us which is like 55k canadian
People seem to think "mid range" means "affordable to the average person".
Look at the range of prices for new vehicles. The middle is very expensive.
How many new cars are available in Canada for 10-20k?
The answer is only two.
Your "mid range", is really the floor for new cars.