Driving 100 Miles in an EV Is Now More Expensive Than in an ICE

[Native]

20. And the dealers are adding on thousands on top of the MSRP.

We were checking out the Hyundai Ionic. The one we were looking at had just sold for $11k over MSRP. When we looked into the Chevy Bolts, they wanted $5,000 over MSRP. It's a supply and demand thing.

One of the guys at our Subaru dealer was like, "How are these people getting these cars financed?" And that Ionic? It doesn't even qualify for the tax credit.

The bullshit dealers were pulling during Covid has gotten much worse when it comes to electric vehicles. As soon as our friend got his Rivian truck, he was offered $135,000 for it (he paid about 70k for it).

Did you guys know that all the limitations they are putting on the tax credit for consumers don't apply to commercial purchases? All EVs qualify if they're purchased for commercial purposes. It doesn't matter where they are assembled. Our government supposedly allowed this exception because so many people lease cars now. But I for one am not expecting those savings to be passed down to the consumer. I hope I'm proven wrong tho and we see some heavy competition drive down leasing costs in a year or two when supply picks up.