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Politics : Politics of Energy
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To: Brumar89 who wrote (71500)8/13/2016 8:16:57 AM
From: miraje2 Recommendations

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lightshipsailor
teevee

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Used electric car prices are taking a major dump. No one wants 'em..

blog.caranddriver.com

...According to the pricing authority Black Book, retail values for the used 2013 Nissan Leaf are at an average 22 percent of the original MSRP—in the range of $8000 to $8500—while that five-year-old Leaf is selling at just 11 percent of its original sticker.

A three-year-old Leaf—a $30,000 to $40,000 car new—returned from lease gets sold at wholesale auction at $6000 to $7000 or, on average, just 18 percent of its original price. For gasoline vehicles, a three-year residual is typically in the 45- to 65-percent range. “To be under 20 percent is fairly telling,” said Anil Goyal, Black Book’s senior vice-president of operations. “A lot of it has to do with demand.”...
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