cross-posted from: https://feddit.org/post/1097575
this post was submitted on 28 Jul 2026
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This is why buying new cars is dumb,
A used Hyundai sonata 2024 is ~20k USD
A used Hyundai ioniq 6 2024 is ~24k USD
Yeah it may be more upfront, but most people finance any way and your monthly payment will be offset buy your fuel savings.
There's enough of a stock of used EVs, quite often with low mileage, at this point that cost is becoming less of an issue for people then the perceived lack of convenience. That and dealerships/manufacturers not promoting them because they get less maintenance fees and they're lower margin then a giant SUV or pickup.
most people at this point chosing fuel over electric, the main motivation is best case "habit" or worst case political statement, it has very little to do with money or the technical limitations of the vehicles anymore. They just don't like change, they're scared of it. They have driven a fuel car all their lives and they will continue their habits as long as they are allowed to. The range on EV's is crazy now. For christ's sake, an electric bicycle has a reach of 100km! How far out away from what they need do the average 90% of people live... less than a few kilometers.
It's really not that hard to put a price on societal collapse and the end of humanity: the money it costs to try to mitigate that is infinite and every decision every person makes right now should be made in that light of exponentially higher costs later if bad choices which now seem slightly less expensive are made now...
Yeah. If you're paying for the car outright, your free cash every month will be higher, which can go back into savings. If you're financing the car, your monthly expenses will quite possibly be the same or lower, because you pay for gas every month, too.
I just looked in Canada
2024 sonata. 28k
2024 IONIQ 6. 39k
I'm sorry I'm not paying over 10k more for an electric car that's absolutely insane.
Not equivalent, the IONIQ is luxury