It is called the early adopter tax. The Model S was the only high performance luxury EV in town 5 years ago and now there is “competition.” BMW and Mercedes have luxury EVs now, and eventually something will come out that competes with the Plaid.
Check out the Mach-E and Ioniq 5 / EV6 subs if you want to hear about nasty depreciation. Some of those models lost half their value in just a year.
It is called the early adopter tax. The Model S was the only high performance luxury EV in town 5 years ago and now there is “competition.” BMW and Mercedes have luxury EVs now, and eventually something will come out that competes with the Plaid.
Check out the Mach-E and Ioniq 5 / EV6 subs if you want to hear about nasty depreciation. Some of those models lost half their value in just a year.
30K in 6 months for a Mach-E
https://www.reddit.com/r/MachE/comments/13zhrc0/the_value_of_the_mache_has_dropped_significantly/
EV6
https://www.kiaevforums.com/threads/hard-depreciation.6418/
The BMW iX is depreciating at 34%
https://www.motorbiscuit.com/losing-big-used-bmw-ix-sales-tanking-never-seen-before/
https://cardealermagazine.co.uk/publish/revealed-the-10-used-cars-that-lost-the-most-value-in-december/277277