this post was submitted on 12 Dec 2023
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Probably because fuel is coming back down and they are expensive AF to buy upfront.
Initial cost and lack of charging infrastructure are the two biggest drawbacks for me. The lease on my current car ends in a year, and I'm looking for a viable EV. But most EVs that are bigger than a breadbox and have a 250+ mi. range start around $7-10k beyond my budget.
You should go back and look at how much you've put into maintaining that leased car, and make sure to factor in cost of gas versus electricity. Could be $7-$10k over 5 years. Also be real, how often are you driving more than 250 miles in a single trip?
Maintenance has been negligible - $250 a year for oil changes & a couple hundred for replacing damaged tires. I might check into my state's tax credits to see if that would make up the difference in cost.
The range problem is that I can't charge at home. I could probably go as low as 140 miles if I'm willing to visit a charging station every weekend. But, the one to three times a year when I do drive somewhere for vacation or to visit family, I'd either have to plan very carefully or rent a car.
Ah yeah, no home charging is basically a deal breaker for EVs because that's eliminating one of the largest benefits (always having a full tank). Unless your workplace has charging I think you're better off with a used ICE.
Also that little maintenance sounds to me like you might be breaking the terms of your lease agreement, they usually stipulate that you have to follow the recommended schedule.
Even 'low' gas prices can't compete. If I charge on a street charger from 0%, it costs about $16 for 550km of range. It's free at the office. I bought mine when free unlimited fast charging was offered. I've put nearly 60k kms on the vehicle, and I've paid less than $200 for 'fuel' over the last 4 years.
They can't compete in the long term.
In the short term I don't have 20k sitting around to save 6k a year in fuel.
That's why there needs to be aggressive rebates and incentives. It's the only way the market gets built. The dumbest part of this whole thing is how easy it would be to get it right.