Because most used EVs genuinely have significant range reductions as they age? Its not an invalid concern. A lot of used EVs available right now didnt have fantastic range to begin with. If it had 150 mile range brand new 5-7 years ago it wont be getting anywhere near that after tens of thousands of miles of usage, and will only get worse from there.
Nobody wants to take a loan on a car that will have sub 80 mile range before the loan is even paid
Because used EVs are super cheap due to people being afraid of battery longevity as if the batteries were thrashed like a cellphone’s.
Because most used EVs genuinely have significant range reductions as they age? Its not an invalid concern. A lot of used EVs available right now didnt have fantastic range to begin with. If it had 150 mile range brand new 5-7 years ago it wont be getting anywhere near that after tens of thousands of miles of usage, and will only get worse from there.
Nobody wants to take a loan on a car that will have sub 80 mile range before the loan is even paid