Over the last few months, I’ve heard car dealers, articles and comments in this sub that say EVs are depreciating very quickly. Are any of you actually seeing this? When I shop the used market, the prices I see end up being worth something like $0.10 per mile on the car if you factor in the fact that new vehicles get the tax credit and used ones don’t. Well, at least most of them don’t, since it has to be under $25,000 to qualify for the used EV credit.

If they’re depreciating so fast, I’d love to find those deals!

  • llotharB
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    1 year ago

    Same in Norway. Prices still stupid high. There are some deals floating around, but there is definitely no collapse. NOK lost a lost of value against USD/EUR and therefore even though Tesla reduced their prices for us they actually went up after currency exchange corrections.

    • murrayhensonB
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      1 year ago

      Out of curiosity - is it ever worth it for someone in Norway to go down to Poland to pick up a used car and then bring it back to Norway?

      • llotharB
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        1 year ago

        That happens with some EVs. I personally bought a Germany imported Kia Niro EV. But this is only due to lack of supply.

        • murrayhensonB
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          1 year ago

          Ah, ok. I was wondering if it was less expensive to import.