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Old 04-01-2024, 02:31 PM   #1882
Martinjlm
Retired from GM
 
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Drives: 2017 Camaro Fifty SS Convertible
Join Date: Mar 2017
Location: Detroit
Posts: 5,379
Quote:
Originally Posted by Malbjey View Post
Eh, have you seen the average price of cars now? There are compact cars (i.e. Civic, Mazda 3, etc) that sticker for over 30K now. You can still get them in the mid 20s, but overall car prices are ridiculous. So I can absolutely see 30K to 40K EVs being considered 'value' propositions. You can't even get a new ICE for $14K in USA, so expecting that for an EV is totally unrealistic.
The average transaction price for a new vehicle purchased in the US in 2023 was over $48,000.

https://b2b.kbb.com/dealer-resources...%20year%20ago.
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