Quote Originally Posted by ZoraSpook View Post
Good thoughts. Funny thing is if more people look to go hybrid or all electric, those car prices will climb even above what they are now as demand would add to current shortages of inventory. And if demand gets higher for high mpg/ or electrics, the trade in value for vehicles with bad mpg will decrease if gas stays high. All that means less for my trade, more for a new car, larger consumer debt, larger car payment simply takes the place of a low car payment with high gas prices So I just don’t know that the consumer would save anything.
Increase production of electric cars will bring the prices down.