Over the last few months, I’ve heard car dealers, articles and comments in this sub that say EVs are depreciating very quickly. Are any of you actually seeing this? When I shop the used market, the prices I see end up being worth something like $0.10 per mile on the car if you factor in the fact that new vehicles get the tax credit and used ones don’t. Well, at least most of them don’t, since it has to be under $25,000 to qualify for the used EV credit.
If they’re depreciating so fast, I’d love to find those deals!
The rescrictions are way too harsh. 150k individual 300 joint. Most people paying 40-50 on a car should be over that limit
These days the average new car sale is $48k. That’s why the average car loan to buy them is over 68 months!