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Are those EVs that are going to become decent sub $20k buys at say 5 years old even in existence yet? Even if they are there aren’t enough of them being sold ne
by robryan 5y ago
Are those EVs that are going to become decent sub $20k buys at say 5 years old even in existence yet? Even if they are there aren’t enough of them being sold new yet.
I seems to me probably another 5 years to get enough volume in solid lower end EVs that are bought in quantity and have a decent lifespan. Then another 5 years for them to filter down to the used market with decent prices.
I bought a 2017 Golf last year for around $15k. In Australia the only thing you can get electric wise at that price point would be a 2013 or so leaf with 100km range, and even then there is basically no supply.
- ajross 5y agoNot in the "no compromise" Tesla class, no. The vehicles are too new and too in-demand and are holding their value too well in the used market to depreciate enough. That's a good thing, it means the market is growing and manufacturers have incentive to produce more cars. You can get a ~2016 Leaf for around $10k though.