- car holds its value longer. You can expect a decent second hand value when you swap it out. So you write off less per mile too.
- easier to drive (no gears, engine fussing, etc.)
- sports car type performance due to high torque and lack of throttle lag. Even cheaper EVs can be quite sporty.
Some of these things might matter more to you than others. But since you mentioned money, that would be the #1 for you.
Just look at the amount of space, metal, volume you are buying
Now compare it with EVs, same with SUVs
People want to travel in luxury and comfort at non-nosebleed prices
Also people want to be able to use their car 24/7/365. Just look at what is happening with the storm right now.
If Teslas are any indication, F150s vehicles will still be super popular as second hand or third hand vehicles for a long time to come and retain a lot of their value. If you can afford one (or a loan for one), it's a nice car to own and a relatively cheap car to drive.
As for the storm, if the power is out, so are the fuel stations. Fuel pumps require electricity to run. And fuel supplies are getting limited when the roads are iced over as well. So, owning a gas guzzling SUV could get you stranded quite easily.
Electricity on the other hand is available in lots of places that you can still drive to. So charging an EV is going to be a lot less challenging than fueling your car. And I bet people are powering their house with those shiny new F150s while the power is out for days on end. Forget about doing that with an ICE vehicle.
Not bad for 34K; much of which you'll get back when you sell the vehicle.
YMMV, of course, nobody ever promised that every single situation could benefit from the basic economics. Though starting next week if you live in Oregon and you're on a tight budget, a Bolt is a spectacular deal.
I mean real and pragmatic benefits not political or ideological