More efficient manufacturing, falling battery costs and intense competition are lowering sticker prices for battery-powered models to within striking distance of gasoline cars.

More efficient manufacturing, falling battery costs and intense competition are lowering sticker prices for battery-powered models to within striking distance of gasoline cars.

  • ShepherdPie@midwest.social
    1·
    5 months ago

    Slightly more than $7500, as that is the amount of the tax credit. Any buyer that is in the market for a 2024 Model 3 LR has the choice to buy it directly from Tesla for the $47k with all of the trust and benefits (possibly preferential pricing on financing).

    What? I’m talking about buying it from Tesla. You pay them $47k and then at the end of the year receive a $7500 credit making your purchase price $39,500. I’m not referring to buying a used car at a new car’s price.

    I’m not seeing where I said that. Can you link/quote my words where you’re seeing that?

    Right here in your initial comment:

    In 2022 a Tesla Model 3 LR cost $52k while you can get the exact same car new today for $47k.

    Okay I see, you’re getting stuck on a minor point for this part.

    In economics there’s a concept call substitution.

    What does this have to do with depreciation on EVs versus depreciation on any other vehicle? 1 of 1 cars are so rare that they’re completely irrelevant when talking about the other 250 million cars on the road in the US. Again, you’re comparing the MSRP of the 2022 model year versus the MSRP of the 2024 model year to claim depreciation while also ignoring my point above about the 2019 model year being much cheaper than both. While it is true that someone who paid more for the same car isn’t going to get as much out of it on the used market, this is in no way unique to Tesla, EVs, or any car on the market.

    The whole basis of this argument was someone claiming that EVs suffer from ‘extra’ depreciation and I was simply asking for some real numbers to back that claim up. All of your number mirror that of any other car on the road because a car with wear and tear on it isn’t as valuable as one without (the very definition I quoted above).

    • partial_accumen@lemmy.world
      1·
      5 months ago

      What? I’m talking about buying it from Tesla. You pay them $47k and then at the end of the year receive a $7500 credit making your purchase price $39,500. I’m not referring to buying a used car at a new car’s price.

      You have to refer to the possible selling price of your, now used 2024, used car. Thats how you determine how much depreciation has occurred.

      Right here in your initial comment:

      In 2022 a Tesla Model 3 LR cost $52k while you can get the exact same car new today for $47k.

      I explained all of that in the post. Where is your question?

      The whole basis of this argument was someone claiming that EVs suffer from ‘extra’ depreciation.

      Not extra, but ‘disproportionately large’ depreciation across the board for BEVs. Sure there are many ICE cars depreciate just as quickly or even worse, but not all ICE cars. Thats the point that poster was making.

      and I was simply asking for some real numbers to back that claim up.

      And you got them.

      All of your number mirror that of any other car on the road because a car with wear and tear on it isn’t as valuable as one without (the very definition I quoted above).

      You’re still hung up on the less than prevalent “wear and tear” after we’ve been over that. You’re missing the forest for the trees.

      I give up. Take a basic Accounting 101 course and post back here with the results of your argument with your professor about how appreciation and depreciation are calculated.

      Good luck!