Re:EVs are depreciating much faster than gas-powered cars
by jdeibele on Friday October 17, 2025 @01:15PM
(#45619232)
Hard agree. A drunk driver hit our parked 2015 Mazda CX-5. We paid about $27,000 for it in 2016. The car was totaled and we received about $17,000. That figured out to just about $1100 in depreciation per year for 9 years.
The weird gaps of supply in model years because of the pandemic and prices are just nuts. The value of my 2016 SUV has gone up $4000 since last year. EVs are super volatile β my brother has netted profit from trading them. My girlfriend sold her 14 month old Subaru for $1000 under her cost - the pretax value appreciated.