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.
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.
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.