Basically all cars lose 50% in the first year.
this post was submitted on 16 Aug 2024
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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
"up to 50%" is clickbait non-sense. Please don't give them clicks.
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.