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    Inbox GO AHEAD, TELL US WHAT YOU REALLY THINK

    Aug 14, 2019 4 minutes

    LETTER OF THE MONTH

    “HOW ON EARTH ARE WE GOING TO JUSTIFY BUYING A BEV ANYTIME SOON?”

    HARD TO SWALLOW YOUR GREENS

    guesstimate, a car will be worth what, 30 percent of its new value in five years? Tough cost to swallow even with new car prices being pretty stable. Now consider buying a battery electric vehicle today. We’re being told they will be cheaper than an internal combustion engine-powered car in five years, so your $60K purchase today will be $30K new by then, and the depreciation/value will be compared to the new price, not what you paid. So that’s heading for $1K a month in depreciation without considering how far battery electric vehicle technology will have improved, making your

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