this post was submitted on 22 Feb 2024
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[Dormant] Electric Vehicles
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This. Ffs why doesn't this exist. A friend of mine bought a used Leaf. They are pretty cheap and he barely drives anywhere. Perfect for that situation.
Because the industry focused on the segment of the market that makes the best margins, not the most volume. Then they started prices at $45k, but only made five of them. All the ones you could actually buy were premium models that added at least another $20k.
A bunch of people buy them on 10 year/20% APR loans, but even that market is only so big. They're then left with a bunch of excess stock. Headlines run about how nobody wants EVs as if the industry didn't create this mess for themselves.