this post was submitted on 06 Apr 2026
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They are probably people that were already looking or anbout to start looking for a new car and pivoted to EV based on current conditions.
Doesn't take much research to conclude the used EV market values are driven by ignorance and are a bargain right now.
A 3 year old Ioniq5 is less than half the price of new, $28,000 go poof. Buying new EVs at >$50,000 makes no sense , but buying slightly used EVs at $12K-$24K makes total sense.
And even if the battery is degraded with maybe 5%, it's still an amazing car.
Lets say you needed to replace the battery one day anyway. You'll have saved on every other reparation, because EVs dont have moving parts that breaks all the time like in old cars.
just goes to show how people overreact to gas prices. they could have bought a <$25k used EV last year and saved $4k with the EV tax rebate. $4k is equivalent to $33/month over 10 years.
I mean, they could just drive less or drive slower.