OrientExpress
Well-known member
Looks like the invisible hand of market demand is firming up prices. They are almost back to what whey were back in April of this year.
Maybe for 2013 forward.Valdemar said:My theory is that the used Leaf market will be supply-constrained for at least 2-3 more years just because not too many were sold, which should help to keep them from depreciating too fast.
TimLee said:Maybe for 2013 forward.Valdemar said:My theory is that the used Leaf market will be supply-constrained for at least 2-3 more years just because not too many were sold, which should help to keep them from depreciating too fast.
But the 2011 #s are pretty bad.
A six year old 2011 may end up worth less than $3,000 at auction.
OrientExpress said:I'm not seeing any premium at retail for 2011 cars with a refurbished or replaced pack. The sales data does not give any insight into the pack condition of cars at auction.
Extremely unlikely in Chicago with only a year and haven't lost the first bar, unless you have a really hot garage.redLEAF said:... although I would still hope to get in under the 'free' battery replacement at some point down the road; only have a bit over a year so perhaps not, we'll see. ...
TimLee said:Extremely unlikely in Chicago with only a year and haven't lost the first bar, unless you have a really hot garage.redLEAF said:... although I would still hope to get in under the 'free' battery replacement at some point down the road; only have a bit over a year so perhaps not, we'll see. ...
I've lost three bars and have seven months left and unlikely I will qualify.
GetOffYourGas said:How does a poor residual help get more EVs on the road? You showed how a low price helps USED cars become available to more people, but re-selling a used car does not in itself put more cars on the road. Worse yet, a poor residual may deter people from buying EVs new, which is exactly how more cars get put on the road.
I'm sorry, but I don't agree that this is a valid "silver lining" to the low residual seen by today's Leafs.
Roostre said:It may actually put more EVs on the road if you think longer term. The low resale is allowing younger, less affluent buyers into the EV world. Their friends and families are asking tons of questions and watching to see "how it turns out".
My young daughter bought a Leaf after we discussed the pros and cons at length. I've watched her answer many questions on social media. People are curious. Many think of EVs as futuristic and fantasy for them. But when they see one of their peers actually loving the experience it gets them curious. This is where the next wave of demand will come from.
Valdemar said:Who knows how desperate NMAC is in not wanting to see these Leafs ever again. With a super-aggressive incentive to keep the car many might just do that instead of turning it in.
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