I mean…that’s good for the population.

We didn’t have many used EVs outside of Teslas before.

Tesla dropped prices. Used prices dropped.

This makes it common and accessible to all! That’s why Honda Civics rock, virtually anyone can get into one.

From Covid to until 3 months ago, new cars were selling well above over MSRP (ie - market adjustments, mandatory add-ons, etc.) The same was the case with the used car market. It was a sellers market.

Prior to this unusual phase, it was the norm to get discounts when buying cars, and we have returned to this era.

Tesla started the price war. Good for new buyer bad for the one that already bought a car in 2022

Everyone is waiting for the ‘24s with an updated (read: less buggy) infotainment system.

There are issues with earlier ID4s, and VW has not done well addressing them. Bad software problems, production issues,etc…… they are better now but if I am dropping $40-55k on a vehicle, I’m not buying one that has a recent history of problems.

All EVs depreciate badly. My 2023 Ioniq5 SEL AWD with 7k miles only got offered 25k on Carvana. Yes I basically lost 20k even after 7500 lease cash and 3500 state rebate. It’s terrible, I wish I waited to buy a barely used one. How things have changed in a year.

The ID.4 doesn’t compete that well on a pure feature-sheet comparison against other EVs from Tesla, Hundai, Kia, etc.

People who buy them are doing it on brand loyalty and/or a hope their interior and materials quality will be higher than Tesla, Hyundai, etc. But in my experience with my friend’s ID.4, they don’t really shine THAT much in just pure feelings of quality. It’s no Mercedes.

So they don’t sell well.

Well at least it creates a lower point of entry for people like me that prefer to buy slightly used vehicles.