You are spot on. New car EV prices are dropping and tech is advancing.

EVs inherently depreciate less; they're simpler, few moving parts. The motor is sealed. Batteries are lasting longer than expected.

So 'depreciate' in the title is misleading. It may be technically true in that they lose resale value, but they are definitely not less road-worthy than a similarly aged combustion vehicle.

I would absolutely buy a second hand Tesla, they're great value. Probably other EVs too.