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jacobolus 2 days ago

It doesn't present any such data. Only this one vague quotation from the manager of Polish vehicle history report website autodna.pl:

"Premium brands consistently retain higher resale value than mass-market brands, for both ICE vehicles and EVs. No one knows what entirely new Chinese marques will cost in the secondary market – for instance, what a 5-year-old Omoda will fetch"

Everything concrete in the article is about how Teslas, specifically, have precipitously declined in value, except for one paragraph about how nobody wanted to buy used vehicles from BluSmart (an Indian company that "collapsed in April amid financial fraud allegations").

ribosometronome 2 days ago | parent [-]

Yeah, that Tesla fares better than a Chinese brand we've never heard of doesn't mean much to me. Are there 5 year old ICE Omodas to compare their expected value loss? For Americans, I think it'd be interesting to put compare against several year old Rivians, Ford F-150 Lightnings, etc.

rootusrootus a day ago | parent [-]

I think there is really not enough good data to draw conclusions yet. The EV market is so young, and Tesla was basically the only non-compliance EV for several years. At this moment the expected value on my 2024 Lightning is way closer to what I paid for it than the expected value on my 2023 Model 3 is compared to what I paid. But that could just be situational.

I have been telling people, though, on the Model 3 forum that they should be leasing unless they are extremely sure they'll keep the car for a lot of years. Tesla's residuals have been way more optimistic than what the used car market suggested reality would look like. Only a problem if you sell at about three years, but maybe worth hedging your bets.