EVs Are Losing Up to 50 Percent of Their Value in One Year - eviltoast
Some electric car brands are hemorrhaging value, with the worst losing as much as $600 a day. In this investigation, WIRED outlines which models to watch, why this is happening, and how you can game the market to your advantage.
    • stevestevesteve@lemmy.world
      10·
      3 months ago

      Not only that, but EVs purchase price is also frequently subsidized substantially. If you paid “50k” for a car but the government paid 25k of it, and you later sell it for 25k… You might not be that mad

  • dogslayeggs@lemmy.world
    8·
    3 months ago

    A) All cars lose a ton of value the day you drive them off the lot.

    B) The purchase price of an EV is before subsidies that don’t get passed to a used car buyer, so the drop in value isn’t as bad as it looks.