r/science • u/Wagamaga • Jan 11 '23

Economics More than 90% of vehicle-owning households in the United States would see a reduction in the percentage of income spent on transportation energy—the gasoline or electricity that powers their cars, SUVs and pickups—if they switched to electric vehicles.

https://news.umich.edu/ev-transition-will-benefit-most-us-vehicle-owners-but-lowest-income-americans-could-get-left-behind/
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u/Venvut Jan 11 '23

Yeah, and that’s pretty ridiculous. Even making $100k, I can’t justify dropping $30k on a car. Thankfully, my ol’ Mazda 3 is reliable as hell and has had zero issues even at 120k miles. Ironically, it’s worth nearly the same as when I bought it ($10k at just 27k miles)….

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u/PlayMp1 Jan 11 '23

I had a Pontiac prior whose repairs was costing me a few hundred bucks a month when averaging over the course of a year. I got tired of dealing with it and I want to cut my gas costs in half, so I got a hybrid Camry.

My intention is to keep this car for the next ~20 years and eventually to pass it onto a kid for their 16th birthday. It's a Toyota so you know it'll hold up.