Thread

1. zacharycohn · 1790272814 · focus · HN ↗

   Ugh. I saw the headline and I was hoping it would be an entry-level, low cost, highly analogue, "looks just like a normal car but electric" car.

   1. AnnikaL · 1790277339 · focus · HN ↗

      The article does say that the electric Corolla is to be priced at $30k, about $3,000 more than the hybrid and $5,000 more than the gas-powered one. That may not be objectively 'low cost', but it's comparable in cost to the lowest-cost new EVs, and probably similar total cost of ownership to the hybrid/gas cars when considering cheaper fuelling.

      1. torginus · 1790289881 · focus · HN ↗

         I'm not in the US, but here in Europe Toyota's hold their value really well (too well I'd say). Is that reflected in the US financing rates, so you can get it for really low payments?

         1. OptionOfT · 1790301853 · focus · HN ↗

            Not at all. % on cars in the US is derived from your credit score. Low credit score? You pay, and you pay a LOT.

            Of course a dealership could offer low rates, but those are usually through the financing arm of the brand, not the dealership itself.

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