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qdog | 2 years ago

New bolt is what, 20k after incentive? I would assume in 5 years those will be cheaper used. No one is selling 11k gas cars worth a damn last I checked, either, there just isn't a huge supply of used electrics at the moment.

Not that I'm telling you to buy an EV, but EV's are like 6% of (new)sales this year iirc, I expect next year is 7-8%, then 9-11%? After 10% of sales and all the growth is in EVs I expect the market to change quickly, like gas car sales to just fall off a cliff as legacy automakers really start to scramble. Well, at least in the US, seems China has a much higher EV share.

Anyways, yeah, probably somewhere in the 4-7 year range from now, there will be some good options in cheaper, used EVs for people, and probably more than just the Bolt that has decent range at low end new pricing.

Until their a substantial used inventory and more deliveries, sure, EVs are not attractive to the people you refer to. At least in the US.

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