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| Economy |
| Electric vehicle owners getting hit with negative equity as depreciation crushes used EV values |
| 2024-08-07 |
 [JustTheNews] The data shows that a Tesla Model 3 will depreciate 45% after three years. A gas-powered Toyota RAV4, for comparison, will depreciate 22% after three years. The resale value of the Tesla Model 3 after one year of ownership is only 64.38% of its purchase price. |
| Posted by:Skidmark |
| #5 All I say is, make a particular model rechargeable car for 5 years, and I'll look at it. For a baseline, ya know. |
| Posted by: ed in texas 2024-08-07 14:15 |
#4 .png) |
| Posted by: Skidmark 2024-08-07 12:46 |
| #3 /\ No worries CG, the "disposal fee" will be added in to the initial purchase price. You'll find it in just below the sales tax entry. |
| Posted by: Besoeker 2024-08-07 07:10 |
| #2 How long before the EV owners are hit with a US EPA and/or a State EV Battery Disposal tax/fee? |
| Posted by: Chunky Glineth3004 2024-08-07 04:31 |
| #1 CONSIDER THIS - Feb 9, 2024 JD Power quotes the following battery replacement estimates for Tesla models, including labor: Model 3: At least $13,000. Model S: $13,000-$15,000. Model X: At least $14,000. Hey so an idiot who buys the car new used or salvage yard (repairable i.e. needs new battery) well do the math = everyone else has, but the idiot who bought the EV in the first place... DUH! |
| Posted by: Maggie Sheanter7283 2024-08-07 00:56 |