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Old 03-05-2020, 02:10 AM   #12
Senior Member
Brand: Thor Motor Coach
Model: Gemini 24TX (Formerly)
State: California
Posts: 1,417
THOR #5821
Originally Posted by petefoss View Post
Remember one of the reason many EVs drop fast is they often have a 7500 tax credit. Even if the original purchaser wasn't eligible, the market assumes the actual purchase price was 7500 less.
That rebate is a factor, but bottom line, if supply is short and demand is high, value goes up, not down. Poor resale value of electric vehicles, IMO shows weak demand for used electrics.
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