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this post was submitted on 07 Dec 2023
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[Dormant] Electric Vehicles
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If you bought a Tesla during the peak of covid prices, the depreciation has been pretty brutal. (Edit Although i imagine its brutal for other vehicles as well.)
I'm not sure what people were expecting there though. Those prices weren't exactly natural.
I don't think outside of that event, theybe been as bad as they're made out to be.
If interest rates go down and Tesla raises prices again, and they are losing some of the IRA credit, you might even end up on the appreciating side of things like owners just before the covid price spike.