What’s Up With Used Electric Cars Not Selling Well? Good Takes vs. Bad Takes

A hot new story on the EV circuit, especially among those always eager for the EV transition to fail, is that used electric cars aren’t selling particularly well in Europe. There’s a lot that’s being said about this matter, some of which is logical, and some of which is not. First, let’s nail down the actual issues. One issue is that used electric cars are seeing greater depreciation than used non-electric cars (gas-powered cars) in the USA. A second issue is that electric cars in Germany that have come off leases are sitting longer than normal unsold, and more and more are sitting for 90+ days, making them “risk inventory.” I’m…