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The only feasible way to have cars and trucks in a zero-net-emission economy is to make them electric. Unless you want to scrap all cars and trucks, the electri
by Kutta 7y ago
The only feasible way to have cars and trucks in a zero-net-emission economy is to make them electric. Unless you want to scrap all cars and trucks, the electric versions must eventually be developed and mass-produced.
- natch 7y agoYep and that is why used gas car prices are going to be in a free fall very soon.
- jonfw 7y agoUsed car prices are practically always in freefall. You can expect a car to depreciate by over 60% in a decade, even more if it's driven often. I don't expect this to radically change. As demand for gassers lowers, so will the rate of new gassers being purchased, and equilibrium will be kept. As for the really old gas cars on the road- those will maintain their value because we are a long way away from electric cars being competitive on a sub $5000 price point.
- natch 7y agoFreefall is a metaphor here. The way you define it, maybe it's already happening, fine. Let's grant you that the fact that freefall happens is a given. The rate of freefall can still change, drastically. In California you can lease a Leaf for $95 / month after subsidies. That actually is pretty competitive with a sub $5000 price point on a competing ICE car that would require the purchase of gasoline.