Sure you're right but what I meant is that while a car is still more expensive than horse and buggy, you still choose the car. You're paying for convenience or practicality of the times. Meaning you don't have to take care of a horse and you get more distance out of a car than a horse, etc. Also I'm sure the differential between a car and horse at that time period was way larger than it was today. Not to mention, you'd have to adjust for inflation, standards of living, etc. You can do the math but I'm not disagreeing that they should cost less.

I think electric cars should cost less than ICE car. There's way less parts but with raw materials market the way they are now, not sure what's going to happen. Almost all the manufacturers are supposed to release cheaper electric cars but they keep adjusting the price with the damn subsidies the gov provides which is plain f'd up.