> I suspect it would increase the disparity, making the Bolt even cheaper. Depends, but depreciation generally benefits older cars and hurts new cars. If you

> I suspect it would increase the disparity, making the Bolt even cheaper. Depends, but depreciation generally benefits older cars and hurts new cars. If you buy a Civic that has depreciated to 5-6K, there's not a lot of room to depreciate more. Unless it completely dies, you can use it for a long time and it's still worth 3-5K. Occasionally older cars even go up in value. I bought an Acura for 6K and sold it for 6K almost 15 years later. I bought a Mazda for 3K and sold it for 6K nine years later. New cars are the worst for depreciation, the moment you drive out the dealer lot it's worth thousands less. And over a few years, the depreciation curve is quite steep until it flattens later. Very brand/model dependent so YMMV.