5 ms·
as adoption of EV rises in society, there will be a time point, after that time, ICEs depreciate faster than EV the rapidly iterating EV market will severely i
by suraci 2y ago
as adoption of EV rises in society, there will be a time point, after that time, ICEs depreciate faster than EV
the rapidly iterating EV market will severely impact the used car market
- nicce 2y agoFunnily something odd happened in mid Covid and my diesel has lost only around 15% of its value over past 5 years. Now ten years old.
- smileysteve 2y agoSomething odd being gas prices didn't rise with inflation, work equipment tax breaks + tariffs added to a materials / chips supply chain shortage, mortgage + student loan deferment + COVID stimulus + ppp loans boosted spending power. Led to increased demand of used cars.