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Yes, the laws only apply to new vehicles. It's similar to when Color TVs were invented. What happened to the re-sale value of all the B&W TVs that were already
by grecy 9y ago
Yes, the laws only apply to new vehicles.
It's similar to when Color TVs were invented. What happened to the re-sale value of all the B&W TVs that were already out there? They plummeted, because they had been superseded.
This scenario will be even more aggressive, because laws will ban the sale of the "old tech".
- loeg 9y agoNo, the laws will only affect new car sales, not the old tech. That doesn't affect the secondary market for used gasoline cars in the slightest.
- KekDemaga 9y agoIt might have the opposite effect, making them more rare and increasing prices even.
- deleted 9y ago[deleted]
- 1_2__4 9y agoThat's not really comparable at all. A color tv is a fundamentally more distinct product as compared to a b&w tv than a ICE cars is compared to an electric. Especially for the foreseeable future.
- hammock 9y agoLol in what way?
- slg 9y agoBecause the primary function of a TV is displaying moving pictures while the primary function of a car is not related to its fuel type. The general public has not yet shown a dramatic interest in electric over ICE, but improvements to TV picture have been shown to be major drivers of adoption from color, HD, 4k, and so on. That is the whole reason why these laws are being considered, to help move people off ICE cars quicker than they would in a normal market.
- batiudrami 9y agoBecause a colour TV is fundamentally and objectively better at its primary use case (watching TV). A petrol powered car will get you from A to B just like an electric one.
- Robotbeat 9y agoEV is fundamentally and objectively better as well. Heat, noise, maintenance/fuel cost are lower. Acceleration higher. Contingent on low battery prices which make range and charge rate competitive.
- batiudrami 9y agoOh don't get me wrong - there are advantages of course. But people are underinformed / bad at calculating whole of life costs / don't have the extra cash available so a cheap petrol vehicle will look appealing. There isn't the "wow" factor of comparing colour vs B&W TV - especially at the low end. The Nissan Leaf was a nice car to drive but it wasn't impressing anyone because of how cool it looked.
- hammock 9y agoRange lower, maintenance costs higher. The argument goes both ways but whichever side you are on, we are on the same side that EV are fundamentally different than gas cars, at least as much as color TV vs b&w. In my mind, just as getting 3x more colors gives you exponentially richer storytelling, 3x more range (way more than that actually, since a gas car can be in almost continuous use with brief stops for fuel) gives you the freedom to go exponentially many more places, do things etc
- kevin_thibedeau 9y ago> Heat Not in the winter.
- yuhong 9y agoThe difference is that a B&W TV will still be usable as long as there is an NTSC signal while an old ICE car won't be usable without gas stations.
- hnaccy 9y ago> Yes, the laws only apply to new vehicles. >because laws will ban the sale of the "old tech". ?
- grecy 9y agoI mean laws will ban the sale of new ICE cars, which by then will be the "old tech". So when you can't even buy one new, why would someone want a used one? (unless, like I said, it's a pleasure driver or some exotic, which is a tiny fraction of all cars sold) Think of all the things that have been replaced and superseded in history - once the new thing exists, the old one drops in price dramatically.
- refurb 9y agoI think you underestimate the financial burden of buying a car. As long as a gas vehicle runs, they'll be a market for it. If they depreciate even faster, they'll still be a market. People don't care about resale at the bottom of the market. They care about reliable transportation which I assume gas cars will continue to provide. There are plenty of 20 year old vehicles out there with plenty of life left in them.
- hammock 9y ago>when you can't even buy one new, why would someone want a used one? For the same exact reasons many people today choose to buy used gas cars over new electric cars.
- woodandsteel 9y agoAnd don't forget that EV's will be a whole lot better than they are now, like cheaper and longer-range.
- mixedCase 9y ago> So when you can't even buy one new, why would someone want a used one? Because the prices of non-collectable ICE cars is bound to plummet unless we haven't solved the battery charge speed issue (as in, in practice, supposedly it was recently solved in theory).