With an average U.S. new-vehicle selling price of just over $45,000 last month, many can’t afford to buy new — even though prices are down more than $2,000 from the peak in December of 2022, according to J.D. Power.
Only reason I am thinking of replacing our car is because a BEV would pay for itself fairly quickly if I hear back from a job I applied to that has a 50 mile round-trip commute. Gas alone would be an extra $1000 per year compared to our current 11 year old vehicle.
I’d personally wait a bit as the market is trending down from the high prices during COVID and manufacturers are slowly rolling out more and more incentives again.
Only reason I am thinking of replacing our car is because a BEV would pay for itself fairly quickly if I hear back from a job I applied to that has a 50 mile round-trip commute. Gas alone would be an extra $1000 per year compared to our current 11 year old vehicle.
I’d personally wait a bit as the market is trending down from the high prices during COVID and manufacturers are slowly rolling out more and more incentives again.
There are a good amount of incentives for EVs honestly. My state is also giving a more inclusive rebate for them.