Used EV Wave Incoming. Anyone Else Watching This?

AZFox

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Chris Barman:
The way that we've been thinking about it is, roughly 55 million vehicles are transacted every year, and about 15 are new, 40 of those are used. Our price point is targeted to be below the price point of the average used vehicle. So we're compared most frequently to new vehicles. We think a large number of our buyers are going to be used vehicle buyers, and that's a large pool that's out there.​
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AZFox

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This video from last week covered the topic with emphasis on Teslas.
Almost 1/2 million EVs will come off lease this year according to this YouTuber.

If he's correct, the Slate will have some hefty used-EV competition.

Sell Your Tesla Before May 2026 or Lose $9,000 (500K EVs Coming)
Off-Lease_Used_EVs.webp
 

danielt1263

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Turned in my leased ID.4 two years ago... A used BEV towing a small utility trailer occasionally is a solid option IMO
I see ID.4 EVs (2022-23 model years) on CarMax for about the price of a Slate... They are pretty much off the 5 year warranty of course...

If I needed something right now, I would probably go that route. My expectation though is that I can buy the Slate for the same price and it will last twice as long, so cost of ownership will be less in the long run.
 
 
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