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 😓
This is one of the more infuriating parts of EVs for me right now. My state doesn’t offer any incentives. But the car is priced the same here as it is in any other state. So even with my best negotiation skills I’m going to be paying more for this car than I would in Colorado or somewhere else. But I may not live here when I go to sell it. My car’s resale value is affected by Colorado policy even though I don’t live there. And yes, I know some states not having sales tax has always been a thing, but I think the incentives have a bigger impact. The default assumption is the car has a bunch of incentives, so you’re screwed if you don’t have those. The default for taxes is that you pay them, not that your state has 0 sales tax.