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.
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.