I don’t understand people who buy a new car that loses 30% value driving off the lot and 50% after 3 years.
EVs make sense used. Devaluation is more math people don’t do, because they want something smelly and shiny.
I have owned a dozen used cars and bought two new ones. The first one lasted me 17+ years and I replaced it with a new one four years ago during covid when used car prices were frequently higher than used because I needed a different type of vehicle. The new one will most likely last me another 20+ years in excellent condition and the extra cost will be averaged over those two decades.
Someone has to buy the new cars or there wouldn’t be any used cars. The ones who are losing out are those who buy new every few years.
I don’t understand people who buy a new car that loses 30% value driving off the lot and 50% after 3 years. EVs make sense used. Devaluation is more math people don’t do, because they want something smelly and shiny.
I have owned a dozen used cars and bought two new ones. The first one lasted me 17+ years and I replaced it with a new one four years ago during covid when used car prices were frequently higher than used because I needed a different type of vehicle. The new one will most likely last me another 20+ years in excellent condition and the extra cost will be averaged over those two decades.
Someone has to buy the new cars or there wouldn’t be any used cars. The ones who are losing out are those who buy new every few years.