Re:EVs are depreciating much faster than gas-powered cars
by tmtvl on Saturday October 18, 2025 @06:56AM
(#45626370)
Just pulling this from thin air, but it may be the combination of rising costs of living + lack of options which were available in the bad old days (subsistence farming, sending children to work (although some idiots are advocating for letting that happen again), highway robbery,...).
Re:EVs are depreciating much faster than gas-powered cars
by 7952 on Saturday October 18, 2025 @08:37AM
(#45626870)
But the overwhelming trend is the exact opposite of that. Maybe what you see is more a minority counter culture. It offers more feelings of control when people are still a couple of missed cheques away from bankruptcy.
Re:EVs are depreciating much faster than gas-powered cars
by quickthrowman on Saturday October 18, 2025 @09:36AM
(#45627262)
> The 2020s has people trying to sell used cars for equal or more than their new value. Strange times.
Not wanting to eat 50% of a car’s value in depreciation in 2-3 years is a sane decision.
Expecting to sell a used car for a profit without a shortage of used cars is not sane.
I bought a Toyota RAV4 in 2021 and it’s depreciated about 20-25% in 4 years. I could’ve saved a couple thousand bucks and got a Nissan Rogue instead, but that model has depreciated about 50% by now, and I’d be worse off.
More and more people buy things for the purpose of reselling them. Houses are now more investments than places to actually live in. Rubbing alcohol was bought up during Covid so people could resell. Cryptocurrency is bought with the goal of selling for double a few months later and nobody really believes in the "currency" aspect of it. Pokémon cards, originally made for kids and to play in a card game, are now all scooped up by cart load by adults so they can resell them on eBay, and those buyers hope to resell later. The 2020s has people trying to sell used cars for equal or more than their new value. Strange times.