> Instead, they’ll get something a couple of years old and save maybe a few thousand dollars on a $40,000 vehicle.

A used 2 year old Ioniq 5 is selling for about $15-20K less than MSRP.

Some years ago, a friend bought a 2 year old Forester - for a full $10K less than MSRP.

It's not a "few thousand dollars".

(Oh, and personally, if you buy a 2 year old car - you're paying way too much. 6-8 year old cars are a good value).

>> people like those in-laws probably aren’t buying EVs.

> A used 2 year old Ioniq 5 is selling for about $15-20K less than MSRP...It's not a "few thousand dollars".

The Ioniq 5 is an electric vehicle. The whole point of this article is that EVs depreciate significantly faster than Internal Combustion Engine vehicles. A brand new ICE vehicle depreciates quickly but not to the point of losing 50% in 2 years.

>6-8 year old cars are a good value

Agree.

>It's not a "few thousand dollars".

It is if you're buying a 4Runner or top of the line diesel pickup or some other meme car that people buy because of how great the internet says it is.

But in the general case I agree with you.