I was looking at used Evs and I keep seeing 1 or 2 yr old VW id4s with very little miles for like $25-30k. Is there a reason why they lose their value so quickly? I even saw a 2022 Pro S with 2k miles for $28k. Someone basically lost $20k driving it off the lot 😓
Not everyone qualifies for the $7500, so there are buyers who would buy above that.
Partly why I leased my Model 3 in Feb- it was $45k new and now that is down to $36k, plus the $11k in incentives.
Throw in interest, lost opportunity cost on the down payment, it’ll end up being a wash after 36 months.