Re:Denver’s e-bike subsidy program produced more new riders,...
by ww520 on Thursday March 02, 2023 @07:57PM
(#35004376)
Yeah, those are crazy numbers. They're assuming the average consumer will drive a $40K car with no downpayment taking on 7~8% loan, with no capture of value when selling the car.
If that's the case, it just speaks volume of the inflation and the devaluation of the money that the cost of $10K for car being normalized.
With inflation, the money the consumer will get back when selling the car will be higher. That's not factored into the ownership cost.
If that's the case, it just speaks volume of the inflation and the devaluation of the money that the cost of $10K for car being normalized.
With inflation, the money the consumer will get back when selling the car will be higher. That's not factored into the ownership cost.