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Old 05-25-2017, 06:54 PM   #9 (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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The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary. -H.L Mencken.
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