MotorTrend noted one middleman/dealership tripled the price on a very basic F-150 Lightning: https://www.motortrend.com/news/ford-f-150-lightning-ev-pickup-dealer-markups

Like, no product can survive that sort of scalper in the middle. Also, probably don’t ask a middleman to sell a new product and sell the well-established alternative to the new product. Recipe for failure, cunningly cooked.

Yeah, ditto. They’re stating June for final pricing announcement, and targeting “mid-twenties” for price atm.

For me, it’s the social piece that gets me - I have to go get talked at by a series of increasingly greasier dudes until eventually I reach the apex greaseball and he tries to con me out of as much money as he can steal

It’s a terrible system TBH XD

I test drove one… They’re really really nice!

Personally, the used market has collapsed, but that’s also sort of a good thing if you’re shopping used.

If the car will make it to 200,000 miles, you’d expect a used one with 95,000 miles to be worth ~50% of original sales price.

And that’s just the baseline. Some vehicles hold value exceptionally well, like my Toyota Tacoma, the used prices are absurd, it’s worth something crazy like 75%+ what we paid for it in 2021.

Not so for a lot of EVs. I threw 3 examples into the article (Audi e-Tron, Dodge Charger Daytona, and then I guess the Ioniq 6 itself, the sporty ones with a speed markup). It’s newsworthy just because it’s unusual, it’s like the used market is saying something about the vehicle is not worth what the manufacturer thought it was worth on day one.

Pretty sure you’re joking, but I am who I am, so I got to do the math.

Here, Edmunds has a really crisp infographic. By the Edmunds used car depreciation percentages, this Hyundai should be worth about ~65% of what it originally sold for, but instead it is being sold for half as much: https://www.edmunds.com/car-buying/how-fast-does-my-new-car-lose-value-infographic.html

Seems weird, right? My working theory is that EVs are being overvalued by the manufacturers with inflated MSRPs, and that the used market sort of reveals fair-market value in an unexpected way.

ICCU issue would be covered by recall if this unit was impacted. Recalls are listed on the Carfax, along with a repaired-already/not-repaired flag.

It has a single unrepaired recall… for a loose charging cap cover :)

I’m not a great automotive journalist, but I do try!

If you wouldn’t pay 1/3rd of MSRP for a car with about 1/2 the lifetime mileage left in it, you’re sort of proving why it’s newsworthy. A used ICE vehicle in the same condition would be snapped up with that pricing. Depreciation like that matters to folks when the product costs ~$40-50K new.

Edit: Aren’t you a mod on the SpaceX board? I’m not sure I trust you when you say you’re “not a fan of Tesla or Musk” considering you run a fan club for one of Musk’s companies XD

I’m the automotive equivalent of a muckraker, so yeah, Tesla does enough weird stuff that I talk about them a lot. They’re hardly the ONLY news I cover.

Take this article, for instance, it was on the front page of Hacker News for a couple days, got decent circulation in European automotive magazines, too: https://fuelarc.com/tech/pop-up-ads-in-your-jeep-the-latest-stellantis-innovation/

Believe what you like, but the videos in that article are just videos, it’s not like those aren’t first-hand driving footage just because you dislike where you found them.

You’re getting downvoted because you’re right and people don’t like that :)