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Feel sorry for AN posters who bought electric


Celsius

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On 9/30/2024 at 10:41 AM, Celsius said:

 

A especially if Chinese cars start popping up everywhere like Thai coffee shops.


Spontaneous combustion, add a yearly flood cycle, people could be shocked how much the electric repair will be, drive up insurance rates, lots of parts available soon!

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On 10/1/2024 at 12:14 PM, CallumWK said:

 

Yes indeed, the only difference is that NEW Chinese EV cars are on fire sale.

 

So do you think that someone who buys a new EV at price X, and next year the same car cost new 20% less, that the second hand value of the 1 year old car is calculated on the price he paid 1 year ago, or the current new price?

The market creates the second hand value and nothing else. Of course you can use some lists or calculations or whatever. But in the end you need to make a price that someone is willing to buy your car. 

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48 minutes ago, NoDisplayName said:

 

It's a 2024 model.

It has 5,xxx km on it.

It has depreciated about 50%!

 

Meaning YOUR link to a 2022 anecdote that is older than the 2024 anecdote depreciating about 50% is much worser as a comparison.

 

It actually "proves" that ICE vehicles depreciate TWICE as fast as EV's.

It was built sometime in 2023 it was registered in February 2024

I seen 2013 cars built in 2013  advertised on one2car as 2022 model because the owner drove around on red plates for 9 years

due to the dynamic pricing of EV insurance compainies are planning to reduce the capital value of EV by 30% each year instead of the current 10%

“Now each insurance company is reducing the insurance capital of new EV cars and it is expected that the insurance capital in the future will decrease by 30% per year, not just 10% anymore because the price of EV cars is quite dynamic. Every company has to think and act again because if the insurance capital of EV cars is more expensive than the second-hand price, there will be fraud,” said the source https://www.prachachat.net/finance/news-1598803

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