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It will come. The "problem" with EVs is that they retain their value much longer. Which is factored into their second hand value. Second hand ICE cars are cheap
by jillesvangurp 3y ago
It will come. The "problem" with EVs is that they retain their value much longer. Which is factored into their second hand value. Second hand ICE cars are cheap because they start having lots of issues when they get older and the risk of them needing some maintenance that exceeds the purchase price gets higher and higher.
If you buy a ten year old Nissan Leaf for, it will still be quite usable and be desirable enough that people are willing to pay a lot more than 2.5K for it. And if the time comes, you can put a new battery in it for 4-5K or so and drive it for another decade+.
And of course there aren't that many EVs that old around to begin with because the market was relatively new and small ten years ago. Most EVs on the road are probably younger than 3 years or so. They'll be on the road for a long time and might change owner a lot. But it will take some time to trickle down.