> It could be that the price of used cars goes down due to oversupply, but the price of used EV's relative to the price of used ICE vehicles goes up. Maybe? I

> It could be that the price of used cars goes down due to oversupply, but the price of used EV's relative to the price of used ICE vehicles goes up. Maybe? I think the best driver of that would be regulation that internalizes the externalities of gas cars, but that doesn't seem to be workable politically. > Who's going to buy a 5 year old Camry for $20k if the price of a brand new equivalent EV is $20K? That's a bit of a funny example, because a lot of the value in a $20k used Camry is in the fact that it says "Toyota Camry"... so really, the only "equivalent" EV for $20k is going to be a $20k mid-size Toyota EV. I think we desperately need cheaper EVs, but I don't see a short-to-mid-term reality where Toyota starts selling an EV Camry for 30% less than the current hybrid Camry MSRP. For used pricing to come down, EV vs ICE is nearly irrelevant - we just need cheaper new cars of whatever people are buying, and I don't see anything especially promising to bring down the cost of new cars.