The word "can" in your sentence is making some bold assumptions about my vehicle budget. The R1T Dual with Max battery (the combo that gets an estimated 400+ mile range) is $95,000.
That would be about a $1,300/month loan for 6 years.
I would either need to add $30,000 annual pre-tax to my income or to pay off every debt other than my house to even begin to consider that as an option, and there are so many other things I could spend $1,300/month on.
I will keep an eye on the used market though. I'm sure some deals will come up eventually.
oh sure yeah, they're expensive (although used are getting cheaper!). I didn't read "holding out for a 400m range" as "holding out for a 400m range less than $X". But yes, all the long range EVs, rivian, lucid, are expensive today. I think it will take another year or two for more affordable long range options to come out in the rest of the world, and some unknown years after that for them to hit the US due to protectionism and tariffs.
All that said, the average new car price in the US topped $50k in 2025, which is pretty wild in of itself. These expensive EVs are actually cheaper than some of the optioned up trucks that sell in huge numbers. It all seems crazy over-extended debt to me but, is what it is.
I wouldn't mind so much if all I had to worry about was making car payments, but having an entire life to support and car payments puts some brakes on my purchasing power.
I could swing $600/m if I needed to, but $1,300/m is a cheap mortgage or rent, not a car payment imho.
That would be about a $1,300/month loan for 6 years.
I would either need to add $30,000 annual pre-tax to my income or to pay off every debt other than my house to even begin to consider that as an option, and there are so many other things I could spend $1,300/month on.
I will keep an eye on the used market though. I'm sure some deals will come up eventually.