Hard to see this market going any other direction given the huge costs of battery replacement and inverters, dealers don’t want to warranty the second hand ones unless they have manufacturers warranty still in place. It’s a risky little investment, I know the dealers in this article are dressing it up differently but really the appetite isn’t there for used EV
Willing-Departure115 on
This is a really good analysis of what might be happening in the market. tl;dr the reduction in the grant affects sales (in countries across Europe, EV sales are slower where, surprise surprise, grants have reduced) and there’s a challenge moving from early adopters to mainstream buyers.
Used electric vehicles battery life probably down more than that.
AdmiralRaspberry on
I mean why would you buy one? It’s cheaper to maintain a non-EV one.
eamonndunphy on
Might be a decent time to buy used. I would consider going electric myself (love the look of the E-Tron GT, especially at the rate it’s depreciated), but I like my vroom vroom machine too much for now.
marquess_rostrevor on
Seems like a buying opportunity for the right one (get away from me Leaf).
SoloWingPixy88 on
Because they’ve been charging near new prices for used cars.
7 Comments
Hard to see this market going any other direction given the huge costs of battery replacement and inverters, dealers don’t want to warranty the second hand ones unless they have manufacturers warranty still in place. It’s a risky little investment, I know the dealers in this article are dressing it up differently but really the appetite isn’t there for used EV
This is a really good analysis of what might be happening in the market. tl;dr the reduction in the grant affects sales (in countries across Europe, EV sales are slower where, surprise surprise, grants have reduced) and there’s a challenge moving from early adopters to mainstream buyers.
https://www.ucc.ie/en/eri/news/whats-behind-the-fall-in-electric-car-sales-in-ireland.html
Used electric vehicles battery life probably down more than that.
I mean why would you buy one? It’s cheaper to maintain a non-EV one.
Might be a decent time to buy used. I would consider going electric myself (love the look of the E-Tron GT, especially at the rate it’s depreciated), but I like my vroom vroom machine too much for now.
Seems like a buying opportunity for the right one (get away from me Leaf).
Because they’ve been charging near new prices for used cars.