Quote:
Originally Posted by Isaac Zachary
In theory that should make the used car market even cheaper. There's also going to be a tax credit/point-of-sale rebate for used EV's from what I understand.
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Which is further evidence of the corruption and ineptitude of our so-called genius leaders. There is no economic theory of how subsidies for used EVs lowers CO2. Not only that, but subsidies are largely captured by the manufacturers and dealerships because buyers already apply the discount in their mind, and the manufacturers and dealerships raise the price to the intersection of supply and demand.
None of this is lost on anyone that passed 10th grade econ, but apparently 80% of us failed.