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Joined 2 years ago
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Cake day: June 8th, 2024

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  • I’m not sure where you live but around here middle class income is enough to buy most used cars except luxury, and if you make concessions in other areas of life a new car is entirely within someone’s means. Not mine, but if my situation was slightly different and I didn’t have certain financial responsibilities I might be able to afford one. And I make just about the median income around here. I live in a relatively poor neighborhood.

    New cars aren’t that out of reach with loans for a large portion of people in first world countries. I’m not saying it’s a GOOD financial decision, quite the opposite. But it’s possible to do.



  • I’m referring to the market of people who can already afford one, but choose not to because of various reasons like range, charging speed, politics, charging availability, etc. I never said the only reason they’re unattractive is anything specific. But anything that helps them get in the mainstream consciousness will eventually help things like mass production, research, and market share, which will also help price and overall technology improvement speed. $5k electric cars may come in the future but nothing relating to ethanol in gas will directly cause those to appear and before that happens EVs in general need to become more accepted and more adopted.