Comment by lmz
4 hours ago
Surely depreciation is determined by the buyer's expected price? So it doesn't matter if objectively you say the battery is at 95% health but all the buyers apply a steep discount due to it being an EV.
4 hours ago
Surely depreciation is determined by the buyer's expected price? So it doesn't matter if objectively you say the battery is at 95% health but all the buyers apply a steep discount due to it being an EV.
And for the buyer, it's about perceived value compared to other vehicles. Even an unused well-stored 6 year old EV would have to sell at substantial discount compared to its purchase price because new EVs are just better
Depreciation will slow down when the rate of improvement slows down