Originally Posted by Laco
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.
Resale for electric's isn't low due to low demand for BEV's in general its due to the technology improving. Early model EV's are cheap because they can only go 80 miles.
It will be like that until the battery tech improvements level off. We're still on the upwards curve which makes newer EV's more compelling than old ones (which is also why the majority of people lease EV's because by the end of the lease the newer EV is going to be better than the one you're turning in--by a lot).