Oil and gasoline prices are rising as the war in Iran intensifies and other global conflicts affect supply. That means pain at the pump for drivers filling up with gas.
Whew! Just bought my ‘25 EV6 in Jan before this madness kicked off, replacing a 25mpg Honda Ridgeline. No regrets so far, especially being able to charge at home.
No doubt. Between selling the Ridgeline to Carmax for a great price and big incentives from Kia, I was wanting to switch to an EV anyway. The payment is minimal and I was so over buying gas and doing ICE maintenance.
Big mistake was buying over leasing but it wasn’t possible across state lines apparently.
That’s what I did with my used '23 Bolt, one of the better decisions in my entire life, and I had a small window of opportunity to be able to pay for it in full. No payments, charge once a week at the Tesla supercharger, primarily used to commute to work. As an investment, it has already paid for itself by making it possible to commute.
Whew! Just bought my ‘25 EV6 in Jan before this madness kicked off, replacing a 25mpg Honda Ridgeline. No regrets so far, especially being able to charge at home.
What about that monthly payment though?
No doubt. Between selling the Ridgeline to Carmax for a great price and big incentives from Kia, I was wanting to switch to an EV anyway. The payment is minimal and I was so over buying gas and doing ICE maintenance.
Big mistake was buying over leasing but it wasn’t possible across state lines apparently.
The big mistake was buying a new EV. You will see $10,000/yr devaluation. By year three, you owe far more than the car is worth.
Buy used and avoid a bank loan, then save even more thousands on insurance.
That’s what I did with my used '23 Bolt, one of the better decisions in my entire life, and I had a small window of opportunity to be able to pay for it in full. No payments, charge once a week at the Tesla supercharger, primarily used to commute to work. As an investment, it has already paid for itself by making it possible to commute.