alt Hacker NewsIf one cannot afford a new EV, they should buy used. If one would like a new EV and can afford one, they should do so. EVs will not maintain their value because of the rate of technology innovation and deployment rates. The value is in TCO savings from using electricity for fuel over fossil fuels.
If one can make due with an ebike instead of an EV, certainly, that is of course an option that should be considered.
The world’s 280 million electric bikes and mopeds are cutting demand for oil far more than electric cars - https://theconversation.com/the-worlds-280-million-electric-... - November 16th, 2026
Problem with buying used is EVs you are limited to what is for sale now. Search EV market share by year in your favorite search engine, then do your own analysis: if you are buying a used car more than 90% of your options are not EV (even if we include PHEV)
If you drive a car then EVs should be your first choice, and they should be worth a premium over other types. However in the end used car buyers are limited to what is for sale now.