Quote:
Originally Posted by RedDevil
So the EV is 7.4 grand more expensive than the hybrid. It should make up for that in lower cost per mile. It may be more affordable than the hybrid, despite the higher initial cost.
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The vast majority of car buyers in the USA shop based on monthly payment. They don't even look at the purchase price of the vehicle let alone the total cost of ownership including purchase price, maintenance, and fuel cost.
When someone walks into a car dealership in the USA the first thing the salesman will ask is "How much do you want to spend per month". Salesmen never want to talk about the actual cost of the car.
An extra $7,400 in purchase price adds $140 a month to a 6 year loan at 5% interest. That is a lot of money for many people.