Sunshine (she/her)@piefed.social to Electric Vehicles@slrpnk.netEnglish · 5 days agoThe 2026 Hyundai IONIQ 5 gets a big price cut and now starts at just $35,000electrek.coexternal-linkmessage-square18linkfedilinkarrow-up14
arrow-up14external-linkThe 2026 Hyundai IONIQ 5 gets a big price cut and now starts at just $35,000electrek.coSunshine (she/her)@piefed.social to Electric Vehicles@slrpnk.netEnglish · 5 days agomessage-square18linkfedilink
minus-squarecron@feddit.orglinkfedilinkarrow-up1·5 days agoI don’t think the average is very helpful here. If 4 cars are sold for $20k and one for $120k, these cars have an average price of $40k. The median sales price would be more helpful, but sadly, I couldn’t find it online. It is likely lover than the average price. But still your point about debt is valid: According to a survey conducted by GOBankingRates, 40% of Americans report having a monthly car payment. (source)
I don’t think the average is very helpful here. If 4 cars are sold for $20k and one for $120k, these cars have an average price of $40k.
The median sales price would be more helpful, but sadly, I couldn’t find it online. It is likely lover than the average price.
But still your point about debt is valid: