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...even as new sales are declining. That means there's a healthy supply of used cars that people can buy meaning someone is getting rid of one. There's an untapped market of buyers that want one for whatever reason, but won't buy new, can't afford new, have some other reason, etc.

However, it also means that, while current owners may be replacing the ones they have, fewer new car sales are being made. So current owners are cycling through these, and used owners buy them. There's a very limited market for them, and if current owners stop buying them or first-time buyers quit buying them, then used owners will eventually have little or nothing to buy and the cycle will just slow itself to almost nothing.

There may always be a demand for them from both new and used buyers, but it could just be a closed loop where no new input is ever made.

...even as new sales are declining. That means there's a healthy supply of used cars that people can buy meaning someone is getting rid of one. There's an untapped market of buyers that want one for whatever reason, but won't buy new, can't afford new, have some other reason, etc. However, it also means that, while current owners may be replacing the ones they have, fewer new car sales are being made. So current owners are cycling through these, and used owners buy them. There's a very limited market for them, and if current owners stop buying them or first-time buyers quit buying them, then used owners will eventually have little or nothing to buy and the cycle will just slow itself to almost nothing. There may always be a demand for them from both new and used buyers, but it could just be a closed loop where no new input is ever made.
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[–] • 2 pts

It's going to be interesting. 10 years...battery will probably hold up. 15? Yeah....no.

[–] • 1 pt

It’s not just the batteries. That’s what people are focused on. But the electric vehicles have some entirely new and unique systems for which it’s very difficult to get parts. Right now a lot of repair facilities have huge backlogs of parts needing replacement because the electric car companies are so focused on making new cars they’re not making spare parts.

A lot of the “newly engineered” parts and systems are failing terribly due to poor testing by tech idiots who have little or no car experience.

Look at the cyber truck frame. Great example. It’s shitty cast metal. It’s weak and doesn’t hold up. I won’t even get in to the electrical systems and the computers programmed by legions of pajeets.

I talk to auto service people and it’s the same story everywhere. Repairs take forever because it takes forever to figure out what’s wrong and then there’s no parts.

Service departments HATE the electric vehicles.

[–] • 2 pts

I fully expect the electronics and electrical stuff to fail. Besides, when you're making meme vehicles, why do you need quality?

[–] • 1 pt

Haha ‘meme vehicles’. That’s so on point.

Most electronics will fail. Older and more robust electrical stuff will stick around a while, as you well know.