You appear to not be factoring in the constant costs of fuelling. Those who can rig wind or solar (¿Por que no los dos?) in particular will make up that 10K difference easily over the life time of the vehicle. Using Ottawa gas prices (about $1.73/l) your 2024 Sonata needs about a hundred bucks to fill up the tank. Unless you’re one of those stereotypical “grannies who only use the car to drive to church every Sunday”, the CAA puts the average driver as doing roughly 50 fill-ups per year. That means if you own the Sonata for two years you’ve already used up that $10K difference.
Every refuelling after that puts you into the hole.
And that, right there, illustrates the difference between capital expenditure and ongoing expenses.
Your IONIQ, incidentally, will ideally cost virtually nothing if you can spin up a wind/solar system to charge it. If you have to pay off-peak grid rates, however, you’ll find that for Ontario you’ll be paying about $450 per year charging.
Look into the hidden cost of being poor. I was indeed factoring in this.
The point I’m making is people without money do not have an extra 10k to put in a car even if the lifetime cost is less due to other reasons.
This is also why rich people buy good shoes and they last for a few years. Poor people pay more but buy cheap shoes which have to be replaced yearly.
So I stand by what I say. The actual sticker price of that electric car needs to be the same or less than a petrol car for it to receive mass adoption.
I just looked in Canada
2024 sonata. 28k
2024 IONIQ 6. 39k
I’m sorry I’m not paying over 10k more for an electric car that’s absolutely insane.
You appear to not be factoring in the constant costs of fuelling. Those who can rig wind or solar (¿Por que no los dos?) in particular will make up that 10K difference easily over the life time of the vehicle. Using Ottawa gas prices (about $1.73/l) your 2024 Sonata needs about a hundred bucks to fill up the tank. Unless you’re one of those stereotypical “grannies who only use the car to drive to church every Sunday”, the CAA puts the average driver as doing roughly 50 fill-ups per year. That means if you own the Sonata for two years you’ve already used up that $10K difference.
Every refuelling after that puts you into the hole.
And that, right there, illustrates the difference between capital expenditure and ongoing expenses.
Your IONIQ, incidentally, will ideally cost virtually nothing if you can spin up a wind/solar system to charge it. If you have to pay off-peak grid rates, however, you’ll find that for Ontario you’ll be paying about $450 per year charging.
Look into the hidden cost of being poor. I was indeed factoring in this.
The point I’m making is people without money do not have an extra 10k to put in a car even if the lifetime cost is less due to other reasons.
This is also why rich people buy good shoes and they last for a few years. Poor people pay more but buy cheap shoes which have to be replaced yearly.
So I stand by what I say. The actual sticker price of that electric car needs to be the same or less than a petrol car for it to receive mass adoption.
Not equivalent, the IONIQ is luxury