American Government’s Electric Car Con Trick Exposed!
On Thursday, President Joe Biden told Americans he was going to be “honest” with us and assured us that we would save $80 a month if only we bought a new electric car.
Oddly, he somehow forgot to mention how long it would take to pay off that car to get to the point where that “savings” would finally kick in.
Speaking from the South Court Auditorium at the Eisenhower Executive Office Building in Washington, D.C., Biden gushed about the technology of the “next generation of electric vehicles” and claimed that they would be a boon for Americans.
Under his “plan,” Biden crowed,”a typical driver will save about $80 a month from not having to pay gas at the pump.”
What a wonderful savings. That is a whole $960 a year. But there is a big problem with realizing this fantastic savings Biden has “planned” for us.
One has to buy and pay off a new car before any “savings” it might offer can be realized.
According to NBC News, the average purchase price of an electric vehicle in February of this year was $60,054.
But, according to the New York Post, it was even higher.
Citing Kelly Blue Book, the Post reported that “the average price of a new electric vehicle in February was $64,685.” (NBC cited data from “Edmonds,” but we think they meant Edmunds.)
That is a huge hike over the average prices that everyday Americans are paying for cars today, the Post said, adding that the cost of an electric car is:
“nearly 2.5 times the average price of a new compact car ($26,196), almost twice the average cost of a new compact SUV ($33,732), and 52 percent more expensive than the average sports car ($42,555).”
Also, just going by Biden’s “savings,” if you spent at least $60,000 on your electric car, your $960 annual savings would take 62 years, six months, and two weeks to get to the break-even point on the price of that car.
The inconvenience of charging an electric vehicle was also ignored Biden’s “savings” calculation. A depleted battery will leave you searching for a charging stations that are not only much fewer in number than gas stations, but also leave you at the mercy of charging speeds that could mean hours of waiting until you are back on the road.
Then we have to figure in the geopolitical costs. EVs are manufactured using many of the rare earth elements that come from China. Greater manufacturing and use of EVs necessarily enriches China, the most oppressive nation on earth.
There is also the dirty secret that neither Biden, nor any other greenie Democrat wants to talk about:
Pervasive use of EVs means not only higher taxes, but brand new taxes imposed on many of us.
Drivers pay a per-gallon gasoline tax to pay for the roads. If fewer people are buying gas and paying that tax, governments will look for new revenue sources.
One proposal has that revenue coming from a mileage tax. And with a tax like that, we are giving the government a brand new way to tax us — not to mention track us with the government-owned devices installed in our cars to tally the miles we drive.
Finally, it will also be a blow to the used car market.
The EV industry says that EV battery packs — which cost between $5,000 and $20,000 to replace — last between five and 20 years.
Who would want to spend $15,000 to $20,000 on a used EV only to expect to have a $20,000 battery replacement repair bill looming over your head?
It just wouldn’t be worth buying a used EV, and that is yet another stealth cost on American consumers who will be forced to keep buying new cars instead of paying one-third the cost for a reliable used car.
No wonder GM has committed to phasing out gas-powered cars and going to exclusively zero-emissions vehicles by 2035.
With all these factors added into the reckoning of buying an electric vehicle, Joe Biden’s $80 monthly savings easily gets lost in the shuffle — like most things do over the course of 63 years.
See more here: westernjournal.com
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Howdy
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The motor industry panders to the people who want the biggest of everything just ‘cos they can. What if ridiculous power outputs were curtailed, and engines, plus over-size bodies were not so large. Wouldn’t that reduce emissions?
EVs are also made in the same way. 400 bhp plus for a family vehicle is ludicrous and absolute waste. As long as this practice continues, be assured, there is no emergency, and no excess emissions, otherwise it wouldn’t still be happening, right?
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Mark Tapley
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Hello Howdy:
Over the years the big body, high octane engines are a much smaller portion of the market. In my area of the country it’s all pickup trucks for hauling, towing whatever is needed. Let the customer buy whatever they want. No need to worry about the average person wasting resources. Thats all done by the parasites that “are here to help us” in the government.
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Alcheminister
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The entire auto industry has been found colluding on numerous occasions (along with say, fuel suppliers), price and wage fixing, planned obsolescence, stagnation, etc.
Perhaps where you live things might seem better, but have you seen say, the turnover rate of cars in a country like Germany (not that I live there)?
The thing is, products are essentially trendy, fashion items when they reach a certain point of usefulness (80% rule?). So cars are a lot like smartphones.
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Tom
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Over that 62 years, you will need at least 4-5 new battery systems costing about $80-100,000 not to mention all the other maintenance. How’s that for savings? Thank’s joey, you’re a real pip.
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STEVYN R DEMBO
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Hydrogen is the future. Similar to the propane infrastructure. Quick fill … all convenience!
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Herb Rose
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Hi Steven,
Hydrogen is in no way similar to propane. Costly to produce (22gal produces 1 gal), extremely difficult to store (hydrogen embrittlement), explosive to use.
Herb
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Alcheminister
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Hydrogen and methane. Hydrogen is not necessarily costly to produce.
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Alcheminister
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Guess I should’ve mentioned methanol too.
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Alcheminister
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The point being, use what’s abundant, oxygen first.
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Penguinite
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The electricity to recharge the batteries ain’t cheap and becoming more expensive every day!
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yougottaloveme
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Ya, und okee dokee. So how much to re-wire the nation with the cryogenic transmission system required to bring us the glory of all these electrons? Ya, ve gonna save eighty bucks a month… (maybe)… but infrastructure taxes are gonna be a thousand plus each and every month to pay for getting those electrons to where you live.
HAH ! We don’t need any more dementia among public slurpants.
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Nick from Newtown
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No mention of additional property taxes. Would be at least $100-150 more a month in property taxes over a new $25grand car. So wheres your $80/mo savings you fkn china whore moron. Understand clearly voting is not going to get rid of this pathogenic infultration.
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Mark Tapley
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The EV and “Green Energy” scam is all about making it too expensive to own a vehicle and force everyone (except the super rich insiders) into urban shit holes and public tram systems for local use. If you want to go somewhere you will be forced to rent a car by the day. Just like the fake virus, fake wars, fake elections, fake global warming and the whole grain diet. If the government is pushing it, there’s a reason. And its not for your benefit either.
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Alcheminister
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Artificial scarcity tactics, monopolization, reliance and control.
If there is a lot of something, it is more difficult to control. Thus, CO2 was demonized (because there’s so little of it).
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Mark Tapley
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Hello Alcheminister:
Exactly. another technique the Club of Rome’s CO2 scam is able to use as we see with the fake virus is lots of technical jargon by the court “experts.” The average person has a quick fix low attention span analytical view of things. They just get their “facts” in sound bytes from the Jew MSM.
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Alcheminister
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I’ve certainly noticed some trends about that. I’ll never be a fan of abrahamism.
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