DonTom
Active member
- Joined
- Jul 29, 2019
- Moto(s)
- A dozen motorcycles, a half dozen of those are electrics.
- Name
- Don
I predicted that a long time ago. And it is a good thing, IMO! It makes the prices drop fast. It will not be long before the average EV costs less than the average ICE car.Well they certainly have some of the worst resale values.
For myself, I could not care less if all my vehicles drop in value to two cents each the day after I buy them. I paid 165K$ for my RV, I bet it lost at least 65K$ of its value by the time I drove it home five miles. I normally do not resale vehicles, I keep them until it is time to have it towed away to a junk yard or whatever. I still have my 1971 BMW R-75/5. I purchased it new, just like most of my other many vehicles. It will surely outlive me. That was from the days BMW knew how to make motorcycles that last forever, unlike these days.
-Don- Auburn, CA