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asdff 11 hours ago

I’d guess a greater percent of car owners in the US are working class. A lot of cities car modal share is like 85% or higher which shows how much car ownership is democratized in the US compared to asia or eu, where ownership might be higher relative income and more able to afford new ev premium prices vs cheap used gas cars.

atom058 3 hours ago | parent | next [-]

Another interpretation of the high modal share of cars in the US is that there are no viable alternatives to driving in many US cities. In Europe, public transport and biking are viable forms of transportation, so we're not forced into car ownership to participate in society (although the situation can definitely still be improved further). I believe this to be a more "democraticed" outcome than an inescapable 85% modal share for cars.

thinkcontext 10 hours ago | parent | prev [-]

We're talking about new cars, which in the US the average price of is $50K. The working class tends to buy used cars, of which 3 times more than new cars are sold each year.

asdff 4 hours ago | parent [-]

Doesn’t matter the price really. People will lease new cars for a couple hundred a month. Or finance them to about that monthly. No one is paying $50k day one. This makes it so people you wouldn’t expect to afford a 50k asset actually do have one, because they can afford to part with like $200/mo.