It’s been years since I’ve checked the used electric market, but I’m seeing cars like the Hyundai Ionic 6 or Polestar 2 for low 30s, where as they were in the high 40s or mid 50s new a year ago.

My suspicion is that:

  1. Normal car depreciation when driven off the lot
  2. General fear of batteries wearing down prematurely, even if the car has ~10k miles
  3. Any applicable federal rebates or otherwise have already been claimed and can’t be claimed on used vehicles(?)

Is there any other reason why these drop so quickly? Would buying one be considered foolish in anyway?

  • helenslunch@feddit.nl
    31·
    6 months ago

    all of them were between 38k - 55k new, purchased for 15k-22k off lease. People just hear “EVs are expensive” but don’t take the trouble to actually look for themselves.

    Yeah that’s just not true. “Expensive” is a subjective term. If you look at a Honda Civic that costs $25k you get an idea real quick of why people think they’re expensive…

    • XeroxCool@lemmy.world
      15·
      6 months ago

      Base models are for cities. For the other half of the US population, 38-55 is normal for a midsized sedan or low for a full size pickup