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submitted 6 months ago by Blackbeard@lemmy.world to c/news@lemmy.world

More efficient manufacturing, falling battery costs and intense competition are lowering sticker prices for battery-powered models to within striking distance of gasoline cars.

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[-] xmunk@sh.itjust.works 8 points 6 months ago

There is currently a bizarre anomaly in the market due to several massive rental car companies dumping their rolling stock. The tech isn't yet there and there are a lot of interesting issues with depreciation.

[-] ShepherdPie@midwest.social 4 points 6 months ago

What issues with depreciation? Can you list actual models and prices to back your claim because it seems like most people are bitching about the high prices of EVs.

[-] partial_accumen@lemmy.world 6 points 6 months ago

Can you list actual models and prices to back your claim because it seems like most people are bitching about the high prices of EVs.

I'm a BEV advocate, but even this is an easy one. In 2022 a Tesla Model 3 LR cost $52k while you can get the exact same car new today for $47k. This is even just MSRP. That $47k car is even $7500 cheaper for most people.

Tesla Model Y LR from the same year, 2022, is even more dramatic. It was $67k and now costs $49k.

[-] vividspecter@lemm.ee 4 points 6 months ago

I don't really see this as a bad thing if we want people with lower incomes to get off ICE cars, although I can see how people who paid those prices would be annoyed. Expecting cars to hold their value or depreciate slowly seems overly optimistic in general, as they are inherently depreciating assets and should never be seen as investments.

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this post was submitted on 03 Jun 2024
371 points (91.5% liked)

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