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by MostlyStable 1114 days ago
We just recently bought a Hyundai Kona electric. While it was a good 10K more than similarly sized ICE vehicles (and the ICE version of the Kona), our fuel savings are >$100/month, and our monthly payments for the comparable ICE vehicles was not 100 dollars cheaper. And that's completely ignoring savings after the vehicle is paid off. This may not be true for all vehicle types/price points, but for the type of vehicle we needed, the electric was cheaper for us to buy.

Now yes, if all you need is _a_ car, you can get the cheapest ICE car for significantly cheaper than the cheapest EV. But if you need a specific type of car, that's not always true. At least for new vehicles. Used EVs are barely a thing yet, and so if you are willing to buy used, then ICE vehicles likely become much cheaper again.