Quote:
Originally Posted by Cortexiphan
EVs aren’t that new, we already know you’re wrong.
Most 2020 model EVs lost around %50 of their values - like Porsche Taycan; very similar to their ICE counterparts. Tesla is an exception, as they were severely overpriced and overhyped. So they had to lower their MSRPs when real car companies came in the play, which of course contributed to the depreciation. BMW has released 2 EVs as 2022 models, so let’s see how they compare to their ICE counterparts:
2022 BMW iX 50i at 30.000 miles value at resale: $55,000 - $63,000
2022 BMW X5 M50i at 30.000 miles value at resale: $58,000 - $62,000
( KBB, Excellent condition, both MSRP around $105,000)
2022 BMW i4 M50 at 30.000 miles value at resale: $46,000 - $50,000
2022 BMW M440i GranCoupe at 30.000 miles value at resale: $44,000 - $48,000
( KBB, Excellent condition, both MSRP around $70,000)
And this is despite iX and i4 having incentives when you buy it brand new - which lowers the resale value.
So what’s up with that?
There are also 10+ years old EVs out there, the percentage of the ones that require battery service is in the single digits. And to come to that level, you really have to abuse your battery. So we have these numbers, but thousands of trolls are still parroting the same thing.
On top of all this, knowing a bit about EVs and ICE cars, I’d be way more comfortable buying a 3-4 year old EV over a 3-4 year old ICE. As EVs are way easier to inspect, and way less parts to go wrong. People will learn about this as the time passes, but now they’re constantly fed lies, so they’re confused.
Also, I’m leasing, [...]
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I agree with your comment. My wife also drives an iX. She had a Model Y Performance before that. The iX is our go to vehicle for long trips. We got ours in 2022 and it has been a great experience. Yes, if you have access to the EV infrastructure, it is hard to go back from EV to full ICE.