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They cost an arm and a leg, still not comparable in terms of range, price of electric recharge is crazy very often
Today if I had to change my Peugeot 107 from 2008, I would go for another Peugeot 107 from 2000something with less km
I can do 24km per liter, pay 2k maintenance per year
It moves me from A to B.
I just charged today at €0,11 per kWh, my VW ID.4 drives about 5.3 km pr. kWh, that's about 19 kWh per 100 km. = € 2.09.
With an ICE car driving 24 km/l with gas being around €2,30 here, that's 100/24*2,3 = € 9,60.
So your tiny economic Peugeot 107 is more than 4,5 times as expensive to drive in fuel.
Admittedly I charge cheap, because it's surplus power from solar panels, so it's only the price I could have sold the power for instead of charging my car. But even without that I could buy the power at € 0,16, and it is often cheaper if you buy when the price is low.
Many workplaces also have charging stations where you can charge for free.
A BEV is way cheaper to drive than ICE. Even 24 km/l is no competition, it isn't even close. Even when you have to buy power at normal prices.
If you use fast charging stations it's a bit more expensive, but you should only do that on long trips, and it is still cheaper than driving an ICE car.
But yes a 2008 Peugeot 107 is dirt cheap to buy, but at that age it probably also requires some maintenance. Here it would be very difficult to find one that is that old and still legal to drive. Most cars here only last about 13-14 years, unless they get renewed rust protection, which only last 2 years and cost nearly 1000 Euro to get. So not really an option for an 18 year old cheap car.
My guess is you live under weather conditions that allow cars to last longer.
Edit: A miscalculation and some typos.
Yeah, no sea here and neither super cold. Try to check the cost of a charging station in Italy.
Here you either have solar or you can charge for free at work, because the price of charging around is very expensive (not gas expensive but still)
Where I live, from January to today, my average gas price is 1,80 € per liter btw, now the price per liter is touching 2€