[coryfklein]

EVs are still solidly in the "luxury" category; they're specifically being sold to folks who are not paying attention to the price at the pump in the first place. So I don't understand why "they save you money" is even a selling point at all right now.

Once you see folks replacing their beat-up 1992 Honda Civic with EVs then you'll know that "they save you money" is actually a thing.

[bluGill]

A lot of people have weird budgets. So they will think nothing of $1000/month for a car payment, but complain about gas prices that work out to $100/month. They rarely consider that they could get better mileage luxury car for similar monthly payments but using a lot less gas.

Which is to say I do know people who complain about gas prices on their luxury cars.

[jes5199]

I have a 2021 Chevy Bolt, it is not a luxury car, it was hella cheap. My sister-in-law drives for Uber/Lyft and bought a Tesla model 3 because the total cost of ownership is lower than any gas car

[tekknik]

Edmunds would disagree with you, showing the Tesla costing almost $20k more to own than a Honda Accord:

https://www.edmunds.com/tesla/model-3/2020/cost-to-own/

https://www.edmunds.com/honda/accord/2023/cost-to-own/

[hollandheese]

>I have a 2021 Chevy Bolt, it is not a luxury car, it was hella cheap.

For an EV, maybe. Still more expensive than a Honda Civic.

[insane_dreamer]

> EVs are still solidly in the "luxury" category

Not all models. With the tax rebate, a Tesla 3 costs nearly the same as a Camry, so does the Nissan Leaf, Chevy Bolt. If you want a Polestar or Mach-e, sure, then your in BMW/Merc price range.

[TexanFeller]

Pricing from manufacturer websites just now. Base Camry is $26,420, base Model 3 is $38,990(apparently not tax rebate eligible) and the base Model Y is $36,490(after $7500 tax rebate).

Best case comparison there is a $10,070 difference between the Camry and a Tesla.

$10k is a LOT of money to average Americans living paycheck to paycheck. In percentages that's 38% more than the Camry! That's before considering larger loan balances to pay 7% on, since the poor average American won't have that kind of cash. This is almost on par with saying that Whole Foods is the same price as H-E-B or Kroger!

[insane_dreamer]

The 3 was eligible for the 7500 tax rebate until a few days ago (Dec 31) so only a few thousand more than the Camry which is easily made up in gas savings (if charging at home) and lower maintenance cost. Over 3 years comes to about the same. However, once you compare feature parity, the 3 was (with rebate) cheaper than the Camry because for the Camry you have to add on option packs to get the same safety features available in the 3 (like blind spot monitoring, backup camera warning, etc.; very important to us), not to mention other features like moonroof etc. You'd have to get the Camry XLE to start matching features (and even that doesn't have the moonroof) and the Hybrid version has a starting MSRP of $32970.

Obviously if your only concern is cost then yes, an ICE is the cheapest option, especially if you get a Corolla or Civic. But if you want more features, EVs are fairly competitive price wise esp once you factor in the gas savings over 3-5 years.

There are also cheaper EV models like the Leaf, Bolt.