Lorraine Explains: How Canadians' car-buying questions are changing for 2023

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ICYMI: How Canadians' car-buying questions are changing for 2023 — via drivingdotca 2023 ShoppingAdvice Hybrids ElectricVehicles

We were told a decade ago that EV prices would be on par with traditional cars by now; they are not , as resources to build them continue to fluctuate due to demand, geopolitical upheavals , and shortages.

Everybody wants to know where the “break-even” point is; how long until what I save on fuel will offset the premium I paid for the car? That number keeps moving around, so your commitment has to be based on more than just cost. Charging infrastructure is still sparse and unpredictable, so factor in the ability to charge at home.

Hybrids and plug-in hybrids deliver fuel savings mated to peace of mind. While an EV can be the perfect answer for some, if you’re a high-miler or adventurer or simply don’t want to entertain any unknowns, a hybrid or plug-in is probably your best introduction to weaning yourself away from the internal-combustion engine. While the lineups for the Toyota RAV4 Prime are out the door and years long, shop in other corners of the industry for this reliable tech.

Aftermarket sellers are already sourcing used batteries from scrappers for consumers, and we expect this battery supply industry — from scrappers to recyclers — to grow, fast. This would also be a great time for the federal government to introduce industry oversight for this area.Yup. Extreme cold absolutely impacts efficiency, but ranges are growing in leaps and bounds. Still, we live in an extreme climate, and no advertising campaign can pretend otherwise.

“You don’t want the stress of being caught in a winter storm not knowing how long the drive will take,” says

 

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