New EV Depreciation and Used Tesla Bargains

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Original Member Title: Why we should NOT buy a new EV
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Members debate the wisdom of purchasing new electric vehicles (EVs), with the main argument centering on rapid depreciation—highlighted by stories of high-end Teslas selling used for less than a new economy car. Several RVers note that EVs now depreciate even faster than RVs themselves, making used EVs a more attractive option for buyers who want to avoid significant value loss. Some members share personal experiences with homebuilt or converted EVs, emphasizing that while technology is...
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Thanks for 1 more reason. I and many others have our own reasons already, but it’s nice to add to the list. Lol
My bet is this your way to star another pro EV thread going in the direction of how cheap a used one can be acquired and how great they are and charging is easy and everywhere. :ROFLMAO:
 
Who ever thought that there would be something that depreciated faster than an RV!
Me. I expected it to happen with EVs. I have said so here in the past that I expect EVs to soon be cheaper than ICE.

Back when I bought my Tesla it was a good time to buy new. Now it is a better time to buy used and especially for Tesla.

I do not care about depreciation for myself. I usually buy new and keep it until junked and I do not care what my vehicles are worth to others.

However, if I went to buy an EV car these days, I would only consider used for cars. New for motorcycles. That is different because the technology is just starting to improve on electric motorcycles.

I will be offline now until after I leave here---you all get a break for a few hours!

-Don- last post from Maricopa, AZ
 
I will be offline now until after I leave here---you all get a break for a few hours!
Christmas came early!

If the price is right one can always rationalize some amount of depreciation including 100%. At the end of the day if the EV provides some utility and it runs long enough to achieve some cost target then it's a plausible option. At least have an exit plan if the thing ends up BER. I'm now soundly in a commuter situation an EV could be rationalized, a couple colleages at work have them. Though I'm thinking it might be fun to put my homebuilt back on the road and show what a non wussified EV looks like.

Mark B.
Albuquerque, NM
 
would only be driven on a limited basis. Same as all EVs.
The EV I made was my daily driver for 10 years. With a nominal range of 55 miles and zero public chargers. I am no fanboy of EV's but there's no question the current crop of them could serve many.

One 'non collector' EV conversion comes to mind:

Johnny Cash EV

Mark B.
Albuquerque, NM
 
What is "on a limited basis" IYO? People are driving EVs across the country every day, as well as into and across other countries, such as Canada & Mexico.

-Don- Douglas, AZ
No vintage car was designed to carry the heavy batteries required for long distance driving. They only shot for a 100 mile range as I remember.
 
No vintage car was designed to carry the heavy batteries required for long distance driving. They only shot for a 100 mile range as I remember.
If he can get chargers programmed for it, that will get one across the county. Not that I would want to put up with doing such with such an old EV.

-Don- Douglas, AZ
 
There was a time that was considered an adventure.

Charge Across America

Mark B.
Albuquerque, NM
Until around a year ago, you could charge an EV-1 in Colfax, CA — for free —at the Train Station. It has been removed since then:

1766588298530.png


-Don- Douglas, AZ
 

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