That doesn't appear correct to me. Compliance EVs always had horrid depreciation curves. That was because they were compliance cars. But even then, the Bolt has actually held value pretty well, especially recently. Tesla held value really well right up until Tesla started cutting the prices of the new ones. The same thing happens to ICEVs if you cut the price of the comparable new model.
You want to see depreciation? Go look at an Audi. The phenomenon probably has more to do with market position than technology. More expensive cars typically depreciate faster unless they are supply constrained.
> Consumers don't buy used phones for the same reason
Ah, you sound like an Android user ;-). iPhones have pretty good resale value.
You want to see depreciation? Go look at an Audi. The phenomenon probably has more to do with market position than technology. More expensive cars typically depreciate faster unless they are supply constrained.
> Consumers don't buy used phones for the same reason
Ah, you sound like an Android user ;-). iPhones have pretty good resale value.