Personal Consumer Issues • EV value over time

All helpful replies, thanks.

The reality is I do have a fairly low bar, but I would like to buy something that works, needs few repairs, is safe, can be driven for 8-10 years (unless I am leasing) and has some decent trade-in value. For EVs, I do worry that the trade-in value could drop faster to zero, if battery quality, range, etc. improves massively in the next 5 years.

Only reason I would lease, I think: if it seems like the marketplace will be radically different in 3 years (if cost for what you get in EVs goes way down over time) then it's sort of a bridge to the next era to lease. But maybe there is no next era....

Statistics: Posted by KlangFool — Thu Jul 25, 2024 1:48 pm — Replies 39 — Views 1015