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Electric cars face a lot of depreciation, so you can get a really good deal on a used one. Plenty of supply, low cost, and cheap to keep running.
by hellcow 2mo ago
Electric cars face a lot of depreciation, so you can get a really good deal on a used one. Plenty of supply, low cost, and cheap to keep running.
- achow 2mo agoThat would work other way too, EVs would be expensive to upgrade to newer models. Though nowadays it is not that big a concern, but battery pack replacement at some point need to be accounted for.
- jerlam 2mo agoI'm not sure this will be the case going forward, as much of the depreciation in the past was due to Tesla's $10K+ price drops, the cancelled EV rebate, and luxury manufacturers making bad but expensive EVs.