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In Reply to: RE: Thanks Abe. The truth is always somewhere in the middle. posted by free.ranger on July 09, 2017 at 08:12:34
That is a complete laugh. Most internal combustion engined cars that get decent mileage are holding value very well these days.
As far as electric cars?
Google around on a Fiat 500e (an electric vehicle). 2014 models were $30k plus. Those cars are currently selling at auction for about $5k. Yep - lost about 83% of their value in THREE YEARS!
On the other hand, even current generation 'retro look' muscle cars should have pretty good resale a few years out. I'm thinking Mustang, Camaro, Corvette, Charger, Viper, etc. Fiat? ;-)
I'm just waiting to see what the first big bunch of Teslas do when they are out of warranty & the battery packs aren't holding a charge quite like they did when new...
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