EV Deals: Smart Savings or Costly Mistake?
Download MP3 🔹 Not everyone wants an EV
- Some people prefer gas cars or hybrids.
- EVs come with challenges: charging, range, battery life.
- But as a second car, an EV might make sense.
🔹 Two big EV deals happening right now
- Hertz is selling used Teslas at huge discounts
- Originally $40,000–$60,000.
- Now selling for $14,000–$15,000.
- Some renters are being offered to buy the car when returning it.
- A $14,000 car in today’s market is rare.
- Great for commuting or as a second car.
- Volkswagen ID.4 lease deal
- $149/month lease with 0% APR.
- No gas costs if you can charge at home.
- No depreciation worries—just return it after the lease.
🔹 Why consider an EV as a second or third car?
- Lower fuel costs.
- Less depreciation impact on your main vehicle.
- A practical option for short trips, errands, or a student’s car.
- Traditional gas cars and used cars are often much more expensive.
🔹 The financial breakdown
- New Toyota Corolla or Honda Civic: $25,000–$30,000.
- Monthly payment: $500+ for a gas-powered car.
- Used cars are still pricey at $20,000+.
- A $14,000 Tesla or a $149 lease looks like a great deal in comparison.
🔹 Final thoughts
- EVs may not be for everyone, but these deals make financial sense.
- As a secondary vehicle, they can save money and reduce wear on your primary car.
- Do you think EVs are worth considering, or are they just overhyped?
💬 Let us know your thoughts in the comments!
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🎧 Thanks for tuning in! See you on the next episode.
