this post was submitted on 19 Sep 2023
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[Dormant] Electric Vehicles
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Like or dislike Tesla, we need to stop the disinformation that EVs and even Teslas are too expensive.
The average US car price in 2022 was $46,200
A new model 3 BEFORE rebates costs $40,240
Get an inventory 3 and it's even cheaper , there are inventory models available for 37-38k
So not even counting rebates it's cheaper than the average car. At a $ for $ comparison a 40k EV will also be thousands cheaper than a 40k ICE car after gas and maintenance.
But then there ARE rebates right now.
You can get a Tesla for $32,740 with the federal rebate, and with state rebates like California it's even as cheap as $25,240. 25k would be the equivalent of a sub 20k car over 5 years with gas/maintenance if you drive an average or more amount.
So please stop the nonsense of even executives can't afford it and how unaffordable they are.
We absolutely need to get costs down further, but it's not like Tesla only makes the Model S anymore. It's not a car only for rich people, and when the auto industry itself is spreading these lies its not good for the transition.
Edit: further, the fabled 35k car Tesla wanted to sell in 2017, if you take inflation into account, would be almost 44k today.
I mean, I get the point you’re making, but 40K, even if it is the industry average, is yikes money.
Tesla specifically isn’t unaffordable.
Cars in general are unaffordable.
Except its not 40k. it's $32,740 or less. (Edit maybe 36k in 2024 when rules change again)
Those ice cars people buy have billions and billions in subsidies, its just hidden and given to the oil industry. You can't ignore that the EVs are getting their subsidies at the point of sale right now.
Except that isn’t guaranteed. Unless I’ve got 7.5K+ in taxes I’m not getting a $7.5K federal discount. And even if I did, I still have to front that $40K bill until taxes hit.
If you have money, then 40K is nothing. If you don’t then it’s untenable.
If I'm looking at this calculator right (I might not be...) it looks like even someone making 40k would still get 6k back, and many states have their own incentives still, so it's still going to be many thousands less than 40k either way.
40k is $19.24/h
Edit: and I'm not suggesting someone making 40k should buy a 34k car, but the median household income is 74,580, and after taking all EV savings into account its not a terrible decision at that point if you drive at least the average amount.
Can also buy a Chevy bolt for what, 27,000? I bought my used for 15k.
That 27K is before rebates or tax incentives, which Chevy now fully qualifies for.