this post was submitted on 28 Nov 2023
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It is meaningful when an equivalent used EV is nowhere near the same price, and often comes with a battery replacement bill attached and very limited range as well.
ICE vehicles depreciate to some extent in efficiency, but nowhere near the rate of second hand EVs.
I was looking at leafs in the 8k range years ago (pre-covid when money was worth more) and the one I found had like less than 100 miles of range per charge left in it.