https://www.youtube.com/watch?v=3eQz4aQjtY0&feature=youtu.be
Maybe not too surprising on this one. I hear the range on these are not great especially if you drive them spiritedly. And given it’s a first gen product on a new tech, no one really knows what these will be worth 5 - 10 years from now.
Not really good for consumers though. Why would someone want an EV when it’s going to depreciate so badly? I bet this slows EV buying even more so.
Exactly. I don’t plan to buy one anytime soon. They are terrible value, even with the gas saving.
They are too expensive to buy new for most people and so many are waiting for them to hit the secondhand market. The mass market is buying them at lower prices hence the depreciation. Luxury german cars have been depreciating like this for decades yet they still sell well new. There are plenty of people with money to buy these luxury vehicles new and upgrade quickly to the newest version while eating the depreciation after a few years.