Big news today. Mitsubishi announced the United Kingdom price tag for the iMiEV electric car that goes on sale there in January next year.  It’s about equivalent to the Japanese price for those on sale already.  It’s roughly $50,000 American ($53.5k in the UK, $51k Japan).

Fifty thousand smackers, people.  F I F T Y  T H O U S A N D  As in “one alligator” fifty thousand frikkin’ times.

So I’ve got a question for ya: would you spend $50,000.00 on this:

Totally Stolen from Breakfast With Spanky (photo is link)

Not the dude, the car.  Would you spend that kind of cashola on a car that size?

Let me put this way.  This car, at $50,000.00 for 60 months at 8% interest would run you $1,013.82 per month for five years.  You gonna spend a thousand dollar car payment on this thing?  I’ll clue you in on something: my house didn’t cost two of these cars and my mortgage payment is about 1/3 of that monthly..

Ya.  So for the price of a BMW, you can own an iMiEV from Mitsubishi.  Somehow, I don’t see these as being best sellers.

Here’s the optimistic seating arrangement in one of these beauties:

I’ve noticed that while the real estate market uses the word “cozy” to describe this, in the automotive world this is called “efficient use of space.”  They’re both fancy ways of saying “cramped” without, well, saying “cramped.”

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