Remove Buy Remove Price Remove Purchase Remove United States
article thumbnail

Analysis finds annual running cost of EVs less than ICE; but with purchase price factored in, it flips

Green Car Congress

However, these annual costs don’t take into account the purchase cost of the vehicle itself and are purely the ‘running’ costs annually. When the purchase cost of each type of vehicle is factored in, average gasoline vehicles are $1,454 per year cheaper to run. per mile.

Purchase 321
article thumbnail

BYD electric motor coaches selected for California purchasing contract; available to governmental entities outside CA

Green Car Congress

BYD announced that its participation in a California-wide purchasing contract will also allow US transit agencies to leverage California’s purchase power to buy US-built zero-emission BYD battery-electric motor coaches, made by union employees in Lancaster, California. —Patrick Duan, Vice President of BYD North America.

Purchase 418
article thumbnail

Rising gas prices influence Tesla and electric car purchases: survey

Teslarati

There are numerous factors to consider when one is looking to purchase an electric car. As the results of a March 2021 survey shows, rising gas prices are also an apparent factor for consumers when they are deciding to purchase an electric vehicle. . At $5 a gallon, 57% of respondents said they would be willing to buy an EV.

article thumbnail

Experts discuss the remaining hurdle to EV sales

Teslarati

Dave Katarski, the COO of Feldman Automotive Group, observed that people tend to buy EVs when they can afford them. EVs, when the price and payment is there, they’re not afraid to buy them. Electric vehicle prices averaged around $58,000 in Q1 2024. We’re seeing a ton of people flock to them—when they can afford them.

Sale 110
article thumbnail

Time To Buy? New Vehicle Inventories And Incentives Are Up

The Truth About Cars

After several years of swelling vehicle prices and tragically lean inventories, the market has reached a point where dealer lots are getting full and consumers are becoming disinclined to go into quite so much debt in order to purchase a new automobile. Everything is relative in the world of car buying. elections play out.

Buy 60
article thumbnail

Study finds EV buyers want rebates, not tax credits; government could have saved $2B

Green Car Congress

You have to be wealthy enough to buy the whole car and then wait for your tax-break kickback in April. But if you’re not in that class of buyers, you often need the money when you buy the car or you’re not going to buy it. It’s not doing a good job of spurring wider adoption of electric vehicles. —John Helveston.

article thumbnail

Tesla rolls out slight Model S, Model X, and Model Y price increase in the US

Teslarati

Tesla has rolled out a minor price increase for the Model S sedan, Model X SUV, and the Model Y crossover in the United States. The changes to the vehicles’ prices were reported by EV observers on social media. The new prices represent a $1,000 increase in the cost of the two flagship electric cars in the US.

Price 119