May 3, 2024
2:33:06pm
2:33:06pm
them overall.
About a year ago I took advantage of the $4,000 used EV tax credit. I grabbed a used 2016 VW eGolf. It's an awesome little vehicle.
I got it for $16,000. At the time, that was one of the best deals on them. If I look now, they have dropped to 10 or at best $11,000. And that is with about 20,000 less miles than mine has.
I don't think I've ever had a vehicle lose 33% of its value in less than a year. And it's a used vehicle at that.
I've also been watching the prices of some other used EVs, and they're just not getting sold. The prices just keep dropping, and dropping, and dropping.
I really don't think the market wants EVs. Some people do. But not most of the market.
About a year ago I took advantage of the $4,000 used EV tax credit. I grabbed a used 2016 VW eGolf. It's an awesome little vehicle.
I got it for $16,000. At the time, that was one of the best deals on them. If I look now, they have dropped to 10 or at best $11,000. And that is with about 20,000 less miles than mine has.
I don't think I've ever had a vehicle lose 33% of its value in less than a year. And it's a used vehicle at that.
I've also been watching the prices of some other used EVs, and they're just not getting sold. The prices just keep dropping, and dropping, and dropping.
I really don't think the market wants EVs. Some people do. But not most of the market.
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- paulb
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The WSJ conducted a study of the environmental impact of EVs vs ICE vehicles, (Japan Coug, May 10, 2024 at 8:08am)
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