LJ_blableblibloblu@alien.topB to Cars@gearhead.townEnglish · 10 months agoTeslas are the only EVs taking off in America: Mazda CEOwww.businessinsider.comexternal-linkmessage-square26fedilinkarrow-up10arrow-down10
arrow-up10arrow-down1external-linkTeslas are the only EVs taking off in America: Mazda CEOwww.businessinsider.comLJ_blableblibloblu@alien.topB to Cars@gearhead.townEnglish · 10 months agomessage-square26fedilink
minus-squareNomis1998@alien.topBlinkfedilinkEnglisharrow-up0·10 months agoAffordable for who? 40k is out of reach for most Americans
minus-squareComplexNo8878@alien.topBlinkfedilinkEnglisharrow-up0·10 months ago47k is the average new car price.
minus-squareNomis1998@alien.topBlinkfedilinkEnglisharrow-up0·10 months agoAnd based on delinquency rates its not affordable
minus-squareterraphantm@alien.topBlinkfedilinkEnglisharrow-up1·10 months agoDelinquency rates on EVs are basically the lowest in the industry https://www.experian.com/content/dam/noindex/na/us/automotive/finance-trends/2023/2023-q2-state-auto-finance-market.pdf (page 44)
Affordable for who? 40k is out of reach for most Americans
47k is the average new car price.
And based on delinquency rates its not affordable
Delinquency rates on EVs are basically the lowest in the industry https://www.experian.com/content/dam/noindex/na/us/automotive/finance-trends/2023/2023-q2-state-auto-finance-market.pdf (page 44)