March 23, 2024 at 2:29 am
#269072
I think we might be in for some scary AP increases on anything electric – been plenty of recent articles floating around talking about the horrible depreciation EVs seem to be suffering after 2-3 years – this lost value has to come from somewhere for a company running mainly 3 year leases.
Saw one recently comparing a 2 year old golf to a 2 year old id3 – the golf value was down 20% in 2 years, the id3 was down by 50%.
"Man is born in freedom, but he soon becomes a slave, in cages of convention, from the cradle, to the grave."