Is the electric vehicles better or worse?
In: Other
So I can’t speak to higher end cars but I bought a 2022 Hyundai Kona in 2022. I am over the road truck driver and I can be out on the road working 2 to 3 weeks at a time, home from 2 to 5 days then back out again.
I seriously considered either a hybrid or an EV instead of an ICE. I looked at them in Hyundais and other small SUVs similar to what I have. The reason I decided not too, was the initial cost of the hybrids and EVs put them to the outer range of my planned budget for buying a car. They added 15000 to 25000 more on the price of the car.
The other factor was the modern small SUVs are getting decent fuel mileage. My Kona is rated at 35 highway, but if I cruise a bit below the speed limit, I get 40 in mine. And because I drive my car to my truck terminal and park it for a couple of weeks, it sits a lot and my fuel use is low. And when I am home driving around my town, I am getting over 30 mpg. My trip from my house to my workplace is 50 miles.
So for me that initial difference in purchase price factored in as I had a sizable down payment and trade in to end up with lower monthly payments. Everyone’s situation is different and different factors are going to come into play with the reasons they choose EV over ICE. In my case, it was money. I could have afforded the more expensive car but it would have meant less money in my pocket on a monthly basis. I am 63 and probably never going make more money than I am right now.
Edit: want to add, with my situation my fuel costs are averaging 30 to 40 dollars a month. That’s pretty cheap.
Latest Answers