Quote:
Originally Posted by photon
Heck you don't even need to wait 5 years, some of those expensive EVs are only a year or two old and are selling for a huge percentage off.
Enough to make me hesitant to get one, what does everyone else know that I don't.
Or is it just a combination of factors like the people who can afford and use an EV having already got one and prices of EVs being so much more than similar ICE cars and enough people thinking like you?
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Using the concept of expential growth, let's say an EV made in 2009 is your baseline and rates as a 2 in terms of product quality and durability and the cycle is 5 years. Today's vehicle in theory would be a 16, and the one from 5 years ago is an 8. Than add in how most see the market more linearly. There is not much of a history of used EV's and the ones sold as used vehicles were not very good compared to what might be available today. So the market will cling to that stigma longer than it likely should because most really don't understand exponential growth. They're still used to how the ICE market worked. So my theory is that today's EV would be a 16...5 years from now its 32 and 10 its 64 and close to maxed out...so the 32 will be a good vehicle seen as inferior among the new and hopefully a good buy.
Of course, I could be dead wrong. I'm from the middle class lowlife tax bracket...I'm still keeping 20 year old vehicles alive to keep a roof over my head and food in the pantry. The idea of spending more than 40 grand on a vehicle is something my meek little mind can't comprehend...let alone exponential growth.