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> Instead, they’ll get something a couple of years old and save maybe a few thousand dollars on a $40,000 vehicle. A used 2 year old Ioniq 5 is selling for abo
by BeetleB 1y ago
> Instead, they’ll get something a couple of years old and save maybe a few thousand dollars on a $40,000 vehicle.
A used 2 year old Ioniq 5 is selling for about $15-20K less than MSRP.
Some years ago, a friend bought a 2 year old Forester - for a full $10K less than MSRP.
It's not a "few thousand dollars".
(Oh, and personally, if you buy a 2 year old car - you're paying way too much. 6-8 year old cars are a good value).
- potato3732842 1y ago>It's not a "few thousand dollars". It is if you're buying a 4Runner or top of the line diesel pickup or some other meme car that people buy because of how great the internet says it is. But in the general case I agree with you.
- bhelkey 1y ago>> people like those in-laws probably aren’t buying EVs. > A used 2 year old Ioniq 5 is selling for about $15-20K less than MSRP...It's not a "few thousand dollars". The Ioniq 5 is an electric vehicle. The whole point of this article is that EVs depreciate significantly faster than Internal Combustion Engine vehicles. A brand new ICE vehicle depreciates quickly but not to the point of losing 50% in 2 years. >6-8 year old cars are a good value Agree.
- BeetleB 1y agoI did point out another ICE car that lost $10K. In general, particularly for higher priced cars, how many do you know that don't lose about $10K in value after 2-3 years?