I have 2 EV leases currently and def enjoy driving them.
I can understand an Aryia beying worth close to nothing in a few years, but a fully functioning work truck will always be worth quite a lot.
Damn, even a 2012 Nissan Frontier with 150k miles is worth close to $15k
I have a long list of cars I should have gotten, but my wallet and wife wouldnât let me. 
Things arenât good over here. It is pretty terrible.
That said, keep the Lightning.
Nvm thatâŚNext dealer
I should have got the 911 cab posted yesterday but wife would have made me sleep in it- i rather sleep in the lightning lol
Weâre one more Ukraine aid package away from nuclear war. Tell her itâs all ending soon and we canât take it us.
Where would I look to look for a deal on a i7 with no negative equity?
Check with brokers on LHer to find a remaining '24 i7 if there still are any, or look on the BMW Inventory Locator to find one. Example: There are 30+ within 100 miles of San Francisco. Looks like you are in the Southeast: @IAC_Scott @IAC @Ashleigh @AutoCompanion @AutoNinjas @Bacons_C.C @nextlevelautobrokers @LuxConcierge
https://www.bmwusa.com/inventory/zip
Search on here to see some the past i7 deals in the last six months for reference, and check Swap A Lease as well.
how would he be in negative equity after the lease is up?
IDK why people confuse initial depreciation (which happens on ICEVs too) with continuous depreciation at the same rate.
Iâve sold many cars private party over the years and Iâve never sold a fairly valued car more quickly/easily than a sub $25k EV.
Someone mentioned a first gen Nissan Leaf â thatâs about as relevant here as Ford Model T values are to 1960sâ muscle cars. Nascent technology is very different to mature technology. Weâve reached the mature state now. Tech is no longer advancing leaps and bounds like it did after the first gen Leaf. Not only did we naturally hit diminishing returns to range but the OEMs pulled back R&D after realizing theyâve overestimated demand. Demand is still there, itâs just not the 4 million vehicles per year demand that the OEMs collectively estimated.
That wasnât my rationale.
I believe that unless something changes drastically in the used EV market, people will be too afraid to buy a 10/15 year old EV.
Even dealerships lack staff trained on EV repairs, spare parts are expensive and have extended leadtimes.
Using the Ariya as an example of one among many EVs with no remarkable features to keep its value and appeal in the long run. Soon the used market will be flooded by the returned leases and I believe dealers will struggle to move inventory.
We are in a maturity state in terms of technology, for sure, but not in terms of market.
This space will be filled by independents. Just like it is now for ICEVs. No one in their right mind is taking a 7+ year old ICEV to a dealership for repairs.
Yes, it takes experience and investment. Just like it does for ICEVs. Ask any independent who specializes in Mercedes or BMW for example.
Demand for maintenance/repairs requiring knowledge around electrification means supply for that service will follow. Itâs not just BEVs. Itâs hybrids, mild hybrids and PHEVs. That will be a huge chunk of used cars in the future.
Any more than the flood of used model 3s in the market? A car thatâs been in continuous production longer than any other mainstream BEV + been flooded by offloading rental fleets?
Yes, there will be unequal depreciation winners and losers, just like ICEVs. Look at an ICE Toyota and Maserati of equal age and mileage. Their depreciation % is not the same. IDK why BEVs would be expected to be any different.
Thanks for the shout out brother!