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A comment on The Collapse of the EV SPACs: Another One Goes Bankrupt, Others on the Verge. Parent comment

Re:The Collapse of the EV SPACs: Another One Goes Bankrupt, ... by saiya-jin on Thursday August 10, 2023 @04:35AM (#37073534)
Yeah, that's type of car I am willing to spend max 6-7k used, in OK condition. Of course it won't be 2 years old, thats fine. That's the prices I am talking about.
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Re:The Collapse of the EV SPACs: Another One Goes Bankrupt, ... by mschild on Thursday August 10, 2023 @03:05PM (#37080376)
That's fair and I'm not suggesting it's perfect. Even used EVs are expensive but it no surprise given the initial cost. Originally, that car sold for around 40k. That's a ~50% drop in 2 years and that car wasn't an outlier. Stands to reason that with advancing age and ever cheaper EVs we will see cheap used ones in your price range in a few years.
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