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Message
re: Auto websites don’t spend much time talking about the used EV market for some reason
Posted on 2/10/26 at 11:17 am to N2cars
Posted on 2/10/26 at 11:17 am to N2cars
quote:
The ones I read mention EV depreciation frequently.
Since EV range limitations as a factor in the market are often blamed on the consumer (‘range anxiety’), can we do the same with depreciation? (‘Depreciation anxiety’)
This post was edited on 2/10/26 at 11:17 am
1
Posted on 2/10/26 at 11:18 am to weagle1999
I think that's dealer anxiety. 
Posted on 2/10/26 at 11:19 am to billjamin
quote:
I've never understood this fear because it's so easy to pull battery health in a PPI.
Battery health today isn't battery health a week or month from now.
Posted on 2/10/26 at 11:41 am to Chad504boy
quote:
do you wanna post an example or 2?
The local Mercedes dealer in Lafayette struggled their asses off to sell off the EVs they had, checking their site they have a NEW 2023 EQB300, though with 3200 miles I suspect it was a demo. They have it listed for $60,950, AutoTempest has 2023 EQBs starting at $22,400.
2023 EQB $60,950
The 2 used models they have listed I'm almost positive were once listed as new on their website but they're out of their mind on those too.
2023 EQE350 asking $80,120. Can find used comparables on AutoTempest in the high $20k/low $30k.
2022 EQS580 asking $136,220. You can find used ones on AutoTempest in the $40k range.
Posted on 2/10/26 at 11:54 am to weagle1999
quote:
Old, used EV models hold their value and are in great demand by consumers, right?
Some are indeed. I am in the market for a low mileage Tesla base model and the prices are in line with what a similar Corolla would be. They have pretty high customer satisfaction and the operating costs are fantastic compared to a similar vehicle with an ICE. They are not easy to find and they get bought up quick. I was hoping Musk's antics last year would drive down the costs some but I was sadly wrong....
Posted on 2/10/26 at 11:56 am to kywildcatfanone
quote:
Battery health today isn't battery health a week or month from now.
Agreed. Thats why we actively monitor all our assets and pull larger population data quarterly to infer additional performance.
Posted on 2/10/26 at 11:57 am to YOURADHERE
I know there's a butt for every seat, but those are getting old.
Posted on 2/10/26 at 12:02 pm to AwgustaDawg
quote:
I was hoping Musk's antics last year would drive down the costs some but I was sadly wrong....
That's because the "revolt" against Musk's "antics" was by people who were just virtue signaling on social media (and maybe slapping a snarky sticker on their Tesla), or who couldn't afford one of his cars in the first place.
Posted on 2/10/26 at 12:09 pm to N2cars
quote:
Many EV owners return to ICE vehicles, and until charging issues are addressed, I think this will continue.
Everyone I know who has returned to ICE and everyone I know who is happy with their EV were either unable to drive as far as they needed with charging or able to do so. I had a Ford Lightening company vehicle last year, it was perfect for my needs related to work, it would have been as useless as a boar hog for my personal vehicle. I drove it about 30-40 miles a day and had a charger at my office. It stayed fully charged all the time and it only had me in it....no load to speak of. That truck would have pulled my 20 foot jon boat about 34 miles according to ford before needing to be charged. That would mean I would have to go to the lake and have a charger at the lake to drag the boat back home. Perfect for my use at work, useless for my personal use.
I commute 46 miles one way 4 days a week and my commuter parks in the driveway over night and Thursday evening until Monday morning. I drive my truck on weekends. An EV is IDEAL for the commute and I already have 2 vehicles so our budget is based on my having 2. I am going to buy an EV to commute sometime in the next 12 months. I am giving my daughter my current commuter next week....so Ill be driving my 12 MPG 3500 GMC 92 miles a day....but I ain't doing it long.
Posted on 2/10/26 at 12:14 pm to Centinel
quote:
That's because the "revolt" against Musk's "antics" was by people who were just virtue signaling on social media (and maybe slapping a snarky sticker on their Tesla), or who couldn't afford one of his cars in the first place.
No doubt, and by most accounts the cars are pretty damned reliable and operation costs are great compared to similar ICE vehicles. The base model is comparable to a Corolla on every front and far less expensive to operate. I wouldn't buy one of the high end ones but I also wouldnt buy a high end pickup because all I need is a seat and an airconditioner....
Posted on 2/10/26 at 12:18 pm to AwgustaDawg
Agreed.
My wife's next car may possibly be an EV as she rarely goes far from home, and I won't have to fill it up everything I get in it.
That works for us since we have 3 other vehicles to use, should the need arise.
Hard to beat an EV as a dedicated commuter vehicle.
My wife's next car may possibly be an EV as she rarely goes far from home, and I won't have to fill it up everything I get in it.
That works for us since we have 3 other vehicles to use, should the need arise.
Hard to beat an EV as a dedicated commuter vehicle.
Posted on 2/10/26 at 12:32 pm to N2cars
quote:
My wife's next car may possibly be an EV as she rarely goes far from home, and I won't have to fill it up everything I get in it.
We use my wifes Tesla around town more than anything. The only time we use my SUV for errands is when we need the space. It's a great car for in town or every now and then runs from Houston to San Antonio.
Posted on 2/10/26 at 3:09 pm to N2cars
quote:
Agreed.
My wife's next car may possibly be an EV as she rarely goes far from home, and I won't have to fill it up everything I get in it.
That works for us since we have 3 other vehicles to use, should the need arise.
Hard to beat an EV as a dedicated commuter vehicle.
We thought about buying our Daughter an EV and me keeping my 44 MPG commuter but she will be headed off to college in 2 years (hopefully locally but who knows what a kid is liable to do about going to school....she is talking about New York UGH) but decided it might be difficult for her to charge on campus if she does go to school and has to live away from home. I am trying to convince her to live at home and commute to school and us pay her half of what room and board will cost but like most kids she is enamored with being out from under Mama and Daddy's thumb 24-7. She likes money though so hope springs eternal....
Posted on 2/10/26 at 3:10 pm to weagle1999
My 2019 model s is going strong. 125k miles. Only slight battery degradation
Posted on 2/11/26 at 10:02 am to TheOcean
quote:
My 2019 model s is going strong. 125k miles. Only slight battery degradation
Purchased a Model Y in Sept and it is the best purchase I have made in a very long time. Not sure why people think these vehicles are great if only using them around town. Long trips without having to touch the steering wheel, brake, or gas is pretty incredible.
Posted on 2/11/26 at 10:38 am to weagle1999
Two things these very over-simplified discussions always miss:
1. Bulk resale data is dominated by Tesla due to their volume compared to everyone else.
2. Tesla has been gradually lowering new sticker prices for some time, which drives down resale the same way that rebates by conventional OEMs do.
Their volume leader, the Model Y, peaked in sticker price in 2022, with the top package going for $69,990. That same car went for $51,490 by end of production in '25, and the new much improved version comes in at $57k, still considerably below the peak. This lowers used pricing, which is not something other automakers have done since Henry Ford did it with the Model T. Here is what Model T pricing did over time, introduced at $1k and eventually falling to ~$300:
Cambridge U paper on car pricing Scroll down to Figure 6, just less than halfway down the link.
1. Bulk resale data is dominated by Tesla due to their volume compared to everyone else.
2. Tesla has been gradually lowering new sticker prices for some time, which drives down resale the same way that rebates by conventional OEMs do.
Their volume leader, the Model Y, peaked in sticker price in 2022, with the top package going for $69,990. That same car went for $51,490 by end of production in '25, and the new much improved version comes in at $57k, still considerably below the peak. This lowers used pricing, which is not something other automakers have done since Henry Ford did it with the Model T. Here is what Model T pricing did over time, introduced at $1k and eventually falling to ~$300:
Cambridge U paper on car pricing Scroll down to Figure 6, just less than halfway down the link.
This post was edited on 2/11/26 at 10:52 am
Posted on 2/11/26 at 10:56 am to YOURADHERE
quote:
The local Mercedes dealer in Lafayette struggled their asses off to sell off the EVs they had, checking their site they have a NEW 2023 EQB300, though with 3200 miles I suspect it was a demo. They have it listed for $60,950, AutoTempest has 2023 EQBs starting at $22,400.
2023 EQB $60,950
The 2 used models they have listed I'm almost positive were once listed as new on their website but they're out of their mind on those too.
2023 EQE350 asking $80,120. Can find used comparables on AutoTempest in the high $20k/low $30k.
2022 EQS580 asking $136,220. You can find used ones on AutoTempest in the $40k range.
Problem with the M-Bs is that they are stupid ugly, especially the S. In person, the grill looks incredibly cheap, like something off a Temu toy. They wouldn't sell if they were ICE or hybrid either. Sort of the same thing with the Porsche Taycan, but its shape has grown on me some. Depreciation on those is epic though.
This post was edited on 2/11/26 at 10:58 am
Posted on 2/11/26 at 12:37 pm to Chad504boy
quote:
not paying gas for 10 years
Last I checked electricity isn’t free.
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