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Interesting, I just checked on the most popular used car listing site for my region to check if things changed since the last time I was interested - at least i
by ffsm8 2y ago
Interesting, I just checked on the most popular used car listing site for my region to check if things changed since the last time I was interested - at least in my region, electric cars deprecate massively more here even now.
You get a price drop of 60-70% within 40-60k km for electric vehicles, the ICEs usually only drop by ~50% by 80-100k km. That's less deprecation despite higher usage.
And these electric cars are mostly ~4 years old while the ICEs are 6+ years old.
At least in my region, ICEs resell way, way better
/Edit: the Mazda 2 costs 21k€ new, the byd dolphin 30k.
If you're buying a 4years old Mazda for 1/2 of the price of a new byd dolphin, you're actually paying 70% of the list price of the Mazda.
That's kinda proving how high ICEs are reselling vs the electric vehicles. The equivalent electric vehicle would've deprecated more
- wraptile 2y agoSeems like our regions have vastly different markets. For the record I'm in Thailand that manufactures BYD and Mazda cars. New Mazda 2 starts at 21k usd and new byd dolphin at 15k. Obviously there's no real 2nd hand market for the Dolphin yet but 5 year old Mazda 2 I'm looking at rn is at 10k so -50% in 5 years which is just massive! The 2nd hand ICE market is so doomed. ICE cars gonna lose value real fast the further EV revolution goes because why would I buy a used ICE car when I can buy a new EV that has 10 times the fuel efficiency and no basically no maintenance overhead? It's a better car in every single aspect minus the refuel time.