Resale value of gas powered vehicles

[Marsmangalodu]

Planning to buy a new car... with the prediction of Electric vehicles to come up in the accord/camry segment with same price.Do you thing gas powered vehicles will have same resale value in 3 years

[Rimbolamaster]

2 hours ago, Marsmangalodu said:

Planning to buy a new car... with the prediction of Electric vehicles to come up in the accord/camry segment with same price.Do you thing gas powered vehicles will have same resale value in 3 years

Mostly untadi. Inka Anni electric cars ni support chese infrastructure raledu. Can't say the same about the next 10 yrs tho.

[sattipandu]

might contribute to 2-3% depreciation ani  edmunds lo article lo chadivaa 

take it with grain of salt 

ICE is on downward trend 

[AndhraneedSCS]

Right now, there is good demand for vehicles. 

 

I am GUESSING, Once the pandemic is over, there may be low demand for a year or so and then it will stabilize. 2nd hand market for Gas vehicles may not be so good IMO.

[Galactus]

affordable EVs are still a few years away , so chill

but putting more money on cars is a waste unless you are mil+ and want to enjoy life of peace , depreciating asset

[Sarvapindi]

maree intha mundhuchoopaa...

[Pitta]

Next 3 years should be fine anukunta 

[dewarist]

5 hours ago, Marsmangalodu said:

Planning to buy a new car... with the prediction of Electric vehicles to come up in the accord/camry segment with same price.Do you thing gas powered vehicles will have same resale value in 3 years

saana dooram alochinchav vuncle..

[sattipandu]

7 minutes ago, dewarist said:

saana dooram alochinchav vuncle..

anukuntaam kaani ammey uddhyesham lenappudu kooda resale value ekkuvaochey car (honda/toyota) consider chesthaamu kadaa idhii antheyyy

preservation of capital