

The USSR had socialist in it’s name. The word socialist will always have a connotation of “something to do with the Union of Soviet Socialist Republics”.
The German Democratic Republic had the word “Democratic” in its name. The Democratic People’s Republic of Korea currently has the word “Democratic” in it. Therefore we can look to those nations for what the word “democratic” means, right?
Right!?


You appear to not be factoring in the constant costs of fuelling. Those who can rig wind or solar (¿Por que no los dos?) in particular will make up that 10K difference easily over the life time of the vehicle. Using Ottawa gas prices (about $1.73/l) your 2024 Sonata needs about a hundred bucks to fill up the tank. Unless you’re one of those stereotypical “grannies who only use the car to drive to church every Sunday”, the CAA puts the average driver as doing roughly 50 fill-ups per year. That means if you own the Sonata for two years you’ve already used up that $10K difference.
Every refuelling after that puts you into the hole.
And that, right there, illustrates the difference between capital expenditure and ongoing expenses.
Your IONIQ, incidentally, will ideally cost virtually nothing if you can spin up a wind/solar system to charge it. If you have to pay off-peak grid rates, however, you’ll find that for Ontario you’ll be paying about $450 per year charging.