Yes they should regardless of current gas prices.
Whew! Just bought my ‘25 EV6 in Jan before this madness kicked off, replacing a 25mpg Honda Ridgeline. No regrets so far, especially being able to charge at home.
What about that monthly payment though?
No doubt. Between selling the Ridgeline to Carmax for a great price and big incentives from Kia, I was wanting to switch to an EV anyway. The payment is minimal and I was so over buying gas and doing ICE maintenance.
Big mistake was buying over leasing but it wasn’t possible across state lines apparently.
The big mistake was buying a new EV. You will see $10,000/yr devaluation. By year three, you owe far more than the car is worth.
Buy used and avoid a bank loan, then save even more thousands on insurance.
That’s what I did with my used '23 Bolt, one of the better decisions in my entire life, and I had a small window of opportunity to be able to pay for it in full. No payments, charge once a week at the Tesla supercharger, primarily used to commute to work. As an investment, it has already paid for itself by making it possible to commute.
