Electric Cars Are Cheaper to Own in New Jersey Than California

Fri, 24 Jun 2022 06:10:58 +1000

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
<https://www.bloomberg.com/news/articles/2022-05-22/electric-cars-are-cheaper-to-purchase-than-gasoline-models-in-many-states>

"What’s cheaper to buy, a gasoline car or an electric one? The answer might
surprise you.

Whether new or used, gas-powered or pure plug-in, in recent months
manufacturers’ suggested retail prices (MSRP) on all cars in the US have led to
some serious sticker shock.

In April, the average new vehicle listing price was above $45,000, according to
Cox Automotive, a number first reached in September (and an all-time-high at
that point).

The prices reflect low inventory across the US, caused in large part by
continued supply chain disruptions. The total supply of available unsold new
vehicles stood at 1.13 million units at the end of April, Cox reported,
compared with 1.10 million vehicles in March. That’s about 800,000 fewer
vehicles than the same period in 2021; and 2.2 million less than in 2020.

So yes, there are fewer cars of all kinds at US dealerships, pushing up the
sticker prices on those vehicles. Still, that doesn’t automatically mean that a
new electric car will cost you more."

Via Future Crunch Jun 1, 2022:
https://futurecrunch.com/good-news-ebola-electric-trucks-super-reserve/

Cheers,
       *** Xanni ***
--
mailto:xanni@xanadu.net               Andrew Pam
http://xanadu.com.au/                 Chief Scientist, Xanadu
https://glasswings.com.au/            Partner, Glass Wings
https://sericyb.com.au/               Manager, Serious Cybernetics

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