> How else do you explain terrible EV resale value?
Does the data actually show that? I've got a 2021 Mach E Premium that was ~$54k new at the time I bought it (prices were all over the place). I got a $7,500 tax rebate on it. That's $46,500 cost. I see used ones listed for ~$39,000. That's 84% of it's value retained over soon to be three years. Is that really poor resale value? A lot of cars I've owned in the past had way worse resale value after a similar length of time.
And for the longest time Teslas had positive resale value, and the had some of the highest held value in the auto industry. It wasn't until Tesla started aggressively cutting prices this became untrue.
There's certainly some EVs of there with poor resale value, but they're also generally some of the worst EVs out there.
> If all you do is commute short distances, have a garage, own your home
Does the data actually show that? I've got a 2021 Mach E Premium that was ~$54k new at the time I bought it (prices were all over the place). I got a $7,500 tax rebate on it. That's $46,500 cost. I see used ones listed for ~$39,000. That's 84% of it's value retained over soon to be three years. Is that really poor resale value? A lot of cars I've owned in the past had way worse resale value after a similar length of time.
And for the longest time Teslas had positive resale value, and the had some of the highest held value in the auto industry. It wasn't until Tesla started aggressively cutting prices this became untrue.
There's certainly some EVs of there with poor resale value, but they're also generally some of the worst EVs out there.
> If all you do is commute short distances, have a garage, own your home
So like most car owners in the US.