Source link : https://tech365.info/arguments-why-used-electrical-automotive-costs-are-probably-to-go-up-in-october-cleantechnica/
Final Up to date on: seventeenth July 2025, 02:52 am
I not too long ago polled readers on what’s going to occur to used electrical automotive costs when the $4,000 US tax credit score for used EVs goes away, after which reported again these outcomes. Nevertheless, in response to that second article, just a few readers chimed in with some arguments on why they really anticipate used EV costs will go up in October. They appear like stable arguments — very stable arguments — so I’m reprinting them right here.
Larry Evans wrote:
“The $7500 new automotive subsidy made used automobiles much less beneficial as compared. New EV costs will successfully go up, whereas stock will change into extra restricted. Much less emphasis will fall on decrease price fashions which might be tougher to make profitably. There isn’t a motivation to promote a better amount of EVs to fulfill ZEV and CAFE necessities. No US-based automaker at present makes cash on EVs with out regulatory credit. And tariffs will enhance the worth of imported EVs from Japan/Mexico/ROK/Europe… along with blocking lower-cost Chinese language EVs. And there’s a good likelihood we are going to see an total financial contraction, which tends to additional shift folks from new to used automobiles and in addition tends to extend deal with areas the place folks can get monetary savings (reminiscent of charging vs utilizing gasoline). That market shift from new to used automobiles tends to extend costs.