Re:First town in America to ban new gas stations
by epistasis on Wednesday August 18, 2021 @10:20AM
(#28221286)
The "punishment" is what here? Only the same amount of gas stations?
As for expense, the total cost of ownership for electric vehicles is often less than equivalent gas vehicles, even if the purchase price is slightly higher.
When a car is paid for by a loan, this lower total cost of ownership is directly realized in the monthly payment. If a person is paying up front with cash on a car, they are making their own value judgement about the time value of money, and can choose to finance whatever portion the prefer in order to realize this lower TCO.
As for expense, the total cost of ownership for electric vehicles is often less than equivalent gas vehicles, even if the purchase price is slightly higher.
When a car is paid for by a loan, this lower total cost of ownership is directly realized in the monthly payment. If a person is paying up front with cash on a car, they are making their own value judgement about the time value of money, and can choose to finance whatever portion the prefer in order to realize this lower TCO.