You can buy a lot of gas for the price of a new EV. I would be reluctant to buy a new car in today's market. Of course I drive a Ford Focus and work from home and ride my bicycle around.
A coworker of mine was attempting to convince me of the benefits of his new Tesla. Sure, compared to a brand-new gasoline-driven car of similar purchase price, the Tesla makes sense, but compared to my 25-year-old, $1750 car, it falls flat.
Actually, out of curiosity, let's compare the $50k Tesla to a $25k 2022 Camry, which gets 28-39 MPG. My coworker says he pays about $0.03/mile for electricity for his Tesla. He does a lot of highway driving, so let's assume his average gas mileage in the Camry would be 37 MPG. At current gas prices, the fuel cost for the Camry would be $0.15. That $0.12/mi difference puts the break-even point at 200,000 miles (8 miles per dollar of gas saved, $25k price difference). That, of course, ignores both the time value of money
and the opportunity cost.
Wanna know how it gets even worse? The Camry Hybrid gets about 50MPG, for a fuel cost of $0.11/mile, or a difference of $0.08/mile. It costs $28k. That puts the payback mileage at over 250,000 miles.