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Old 10-09-2019, 03:59 PM   #1625
dwf137
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Member#: 161333
Join Date: Oct 2007
Chapter/Region: NWIC
Location: Seattle
Vehicle:
'18 Golf R
'14 Outback

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Quote:
Originally Posted by S2K View Post
What I think this is an indication of is that the transition from ICE to EV is consumer driven and not by regulations.

ICE's will start depreciating faster, which will make consumers stop buying them, leading to all car manufactures moving all their future investments into EV's.

With a model cycle of 5-7 years the transition to EV's will likely for all new cars be before 2030.

And the next 5 years will be a good time to by you dream ICE car as a keeper

For me this is the early indications of this, hence news, but I may be wrong.
I don't know that I'd extrapolate this report that far... EV's are still a very small % of car sales. ICE cars will be around for a long time. Manufacturers are already starting to ramp up EV production and ramp down ICE production. Laws of supply and demand will keep manufacturers making the right ratio of cars, give or take a little lag time, but I don't see any pending doom for ICE car resale value... it'll just taper off over time.

I personally have no desire to buy a "keeper" ICE car. I'm happy to live in the present and embrace new technology.
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