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Old 05-25-2017, 11:14 AM   #1 (permalink)
redpoint5
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EV Price Discussion

2013 Leafs are going for $7,500 on CL.

I have a theory that prices might increase for used EVs in the next 1 or 2 years. As one article pointed out, there was a state that had something like a $5k tax rebate for purchasing an EV. When that incentive went away, EV sales plummeted to almost nothing.

Federal tax incentives phase out at 200k cars sold per manufacturer. I would be surprised if the current administration extends this. As incentives dry up, I expect new EV sales to plummet nationwide.

When new EVs suddenly cost $7,500 more, people will have less incentive to buy. This will also result in less used cars being available. With a diminishing supply of used cars and the increased price for new, this should raise the price of existing EVs.

I think I'll time my used car purchase around the time that GM cars run out of tax credits.

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Last edited by redpoint5; 09-20-2017 at 11:50 PM..
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