Quote:
Originally Posted by SpaceSilver.X1
that reminds me... I've often wonder what will happen to the value of pure ICE cars 5 or 10 years after 100% of all new cars are required to be full EV(or zero emission via other means).
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It will depend a lot on location, of course.
Outside the US, like in the EU, I'd imagine they will drop off pretty heavily in value. As most places in the EU, from my understanding, charge higher taxes for ICE cars annually and I'd imagine those might increase.
In the US, I expect ICE cars will have an initial bump in value then they'll drop off pretty quick. With the exception being collector worthy vehicles and perhaps sporty drive vehicles. It isn't clear though that the ICE cars of today will be all that desired by the crowd who wants ICE in 2035 or 2040. Where the cars ICE cars right now have drive by wire and increasingly no manual transmissions and other lack more driver engagement focused features.
I see the younger buyer crowd sticking to their love for EVs especially as "always on" cars become even more feature complete.
2035 is still over a decade out
