I was looking at used Evs and I keep seeing 1 or 2 yr old VW id4s with very little miles for like $25-30k. Is there a reason why they lose their value so quickly? I even saw a 2022 Pro S with 2k miles for $28k. Someone basically lost $20k driving it off the lot 😓

  • Germanofthebored@alien.topBEnglish
    1·
    1 year ago

    As other people already stated, 1 year old used EVs don’t qualify for the federal tax discount. So if a new 2022 Pro S will cost you around $ 40k, and then you can get the tax rebate, you’ll think pretty hard about getting a used one.

    I wonder what the value of older EVs is, now that you can get a tax rebate for EVs three years and older…