Here’s the latest reader question, along with my reply!
Mary asks: I’ve read several of your articles about electric cars and specifically, about the way they’re being forced onto the market. I also know that several European countries have passed laws banning non-electric cars, as soon as 2030. My question is – do you think it makes sense to buy an expensive new car that I might not be allowed to drive just ten years from now or even sooner?
My reply: I think this is a very valid concern. I think it is extremely likely that, at the least, exorbitant “fees” will be imposed on non-electric cars, as a cudgel to force them off the road. Even the prospect of such “fees” is apt to depress the resale value of non-electric cars, which will also cost you money. The car you buy this year may be effectively worthless ten years from now, whether because no one will give you anything for it in sale or trade or because you’re not allowed to use it anymore.
I foresee this as inevitable because EVs cannot compete with non-EVs on economy, practicality or longevity. Therefore, just as EVs are being forced onto the market via regulations and mandates, non-EVs will be forced off the market (and the roads) in the same manner.
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Got a question about cars, Libertarian politics – or anything else? Click on the “ask Eric” link and send ’em in!
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