Not true. No new car is cheap, and electricity is now cheaper than gas or diesel.
I don't know how people can say electric cars aren't cheaper. It's a 5x difference!
And you have to pay interest on larger car loan.
But in practice, yes, when charging at home EVs are dirty cheap to charge.
The total cost of ownership (toc) for an EV is much lower. But you are paying it all upfront.
But there is are lots of people buying a used car for 10k
Regardless, I do a agree, EV is absolutely the way to go.
But I agree, operational costs of an EV can be much lower, if you can charge at home rates.
1) I have no garage and no parking space next to my home. I can't charge it.
2) We have no trustworthy garage for repairs. It turns out the garage regulations require a separate space for electrical forcsafety, and nobody has room to expand.
Apart from that, electricity in Belgium is expensive. I did the math on swapping our gas heater for a heat pump, but I'd pay more for energy even of the amount of watts is so much lower.