Question: When does an internal-combustion-engined car become valueless?
Answer: When the cost of buying or leasing an electric vehicle along with paying for maintenance and miles becomes less expensive than using a free gas car.
That’s already been the case for years for high mileage drivers but with higher gas prices, we’ve now reached the point where the cost comparison is becoming more acute. It is now noticeable even to consumers that don’t drive a higher range of miles.
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Source: Charge Forward