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The article says used luxury car prices are plummeting because so many ice luxury owners have been switching to a Tesla. Something similar is going to be happe
by woodandsteel 7y ago
The article says used luxury car prices are plummeting because so many ice luxury owners have been switching to a Tesla.
Something similar is going to be happening to the rest of the used car market pretty soon. There are a ton of low and mid-range price ev's coming out from many manufacturers in the next few years. That plus expanding charging networks plus increased government incentives mean that many of millions of ice owners will switch to bev's, and that in turn will cause the ice used car market to crash.
Does any one want to disagree? Does anyone want to argue that 10 or 20 years from now ice sales will be doing pretty much the same as they are today?