For typical ICE vehicles, knowing something depreciates like a brick dropped out of a 737 would motivate me to look at the used market for those more closely, not avoid it. Furthermore, for a specialty vehicle, you can identify where the depreciation curve flattens and values begin to rise again.
Then again, the big thing for EVs is battery degradation... depending on past owners' charging and discharging habits, it might very well be like buying used mobile phones. Some have really good battery health a few years on, some are at 75% of their original capacity. Replacing the battery on any EV is no small invoice. Apparently, you're looking at something like $22k USD on a Tesla Model S to replace the battery.
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-James
GO FLAMES GO.
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Originally Posted by Azure
Typical dumb take.
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