I was looking at used Evs and I keep seeing 1 or 2 yr old VW id4s with very little miles for like $25-30k. Is there a reason why they lose their value so quickly? I even saw a 2022 Pro S with 2k miles for $28k. Someone basically lost $20k driving it off the lot 😓
Tesla started the price war. Good for new buyer bad for the one that already bought a car in 2022
Meh, I got ludicrous trade in value for my car in 2022 and interest rates were 2%, it’s a wash overall.
Sure, because their prices were way too high to begin with. Many people were financing them due no interest.