Are we? I’m looking to buy a car and I think gas cars make the most sense even now, because the change in the price of gas seems like a relatively small part of the cost of car ownership. A one dollar increase in the cost of a gallon of gas works out to about $300 a year in extra costs for me. That’s not enough to tip the balance towards an electric car.
For reference, I’m comparing a Hyundai Elantra N to a Tesla Model 3 - the Hyundai costs as much as the base Tesla at about $36.5k, but to get similar performance you’d need the $42.5k premium Tesla, and that price difference pays for enough gas to go 40,000 miles.
Are we? I’m looking to buy a car and I think gas cars make the most sense even now, because the change in the price of gas seems like a relatively small part of the cost of car ownership. A one dollar increase in the cost of a gallon of gas works out to about $300 a year in extra costs for me. That’s not enough to tip the balance towards an electric car.
For reference, I’m comparing a Hyundai Elantra N to a Tesla Model 3 - the Hyundai costs as much as the base Tesla at about $36.5k, but to get similar performance you’d need the $42.5k premium Tesla, and that price difference pays for enough gas to go 40,000 miles.