Quote:
Originally Posted by Isaac Zachary
There'll be a $4,000 point-of-sale credit on used EV's starting in 2023.
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You're still thinking the subsidy is money in your pocket. It's not. It's money for the dealerships.
The price is the intersection of supply and demand. A $4k "credit" doesn't increase the supply of used vehicles, but it does increase demand. Price goes up.
When I mention $14k used Bolts in Oregon, those same exact cars were going for $12,500 in CA. Oregon has a $2k used EV credit, so Oregon dealerships buy up the inventory in CA, ship them 1,000 miles north, and bump the price up.