Article Link! The Great American EV Fire Sale Is About to Begin

Have to be an idiot to miss the writing on the wall:
Subsidies to entice private citizens to buy something they would not normally buy is the first red flag.
Not enough universal charging infrastructure to make them feasible for all drivers.
Current admin was forcing electric vehicle mandates and not anticipating that would change with a new administration.
The initial expense of the vehicle.
The environmental harm of producing the batteries and what to do with the rolling hazardous waste at end of life.
Too short of a range to be used by all.
Charging takes too long.
Private industry did not rush to produce charging stations or use private funds to add to infrastructure.
This is not an exhaustive list and I’m sure there are more red flags.

Ford CEO ‘Surprised’ Customers Don’t Want $75,000 EVs​


 
Rumors of the EV market collapsing are exaggerated.


People who finance a car for what basically amounts to the useful life of the vehicle are financially retarded. With good credit, it would likely be cheaper to lease among non-business owners - vs those who have traditionally leased because it made sense for their business. For regular consumers leasing was not always a good option. Now it may be. Except for wear items like brakes and tires, the maintenance is free.
 
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Rumors of the EV market collapsing are exaggerated.


People who finance a car for what basically amounts to the useful life of the vehicle are financially retarded. With good credit, it would likely be cheaper to lease among non-business owners - vs those who have traditionally leased because it made sense for their business. For regular consumers leasing was not always a good option. Now it may be. Except for wear items like brakes and tires, the maintenance is free.

The smartest (financially) way to own a car is to buy used.... for cash. Buy a 2 - 3 year old reliable Japanese car... Toyota Camry / Honda Accord or Civic... and drive it for 10 years.

My last Camry cost me $60 / month if I take what I paid - minus - what I sold it for and divided over 11 years. I paid for ZERO repairs. The only maintenance costs were oil, tires, brakes, batteries. That's IT! I got it with 32,000 miles. Sold it in perfect running condition with 214,000 miles.
 
Not going to name any names, just going to leave this here... ;)

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