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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding
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To: E_K_S who wrote (12839)7/27/2024 7:40:50 AM
From: robert b furman2 Recommendations

Recommended By
elmatador
SirWalterRalegh

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Good Morning E_K_S,

I just heard that the average negative value of today's trade in for an ICE was about $4600.00.

The average negative value on an EV was over $10,000.00.

It's not rocket science to view the cost of owning a vehicle to include the resale value of the car when trading or selling it.

When you find out that your vehicle's value is negatively impacted by the cost of a replacement battery and/or its lack of desirability on the used car market, you only need that bad feeling once.

Then you get a politician who mandates you to buy one. Which by the way is a huge over reach of the government!

You can pretty well figure out that owning an EV is at best, a short trip vehicle that is primarily an urban niche product.

These people have unbridled nerve and an ego bigger than the World to be mandating what American citizens must choose to buy.

It's simply offensive to me.

Bob
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