QUESTIONS, COFFEE & CARS #112 // USED EV PRICES GETTING CRUSHED?

EV Channels Review

This episode of Questions, Coffee & Cars tackles a variety of reader inquiries, primarily focusing on the current state of used EV prices and offering advice on vehicle choices. The hosts address the significant price drops in EVs, exemplified by the Kia EV9's substantial discount, and discuss the broader industry trend of manufacturers rethinking their strategies to make EVs more affordable. They highlight that high prices and concerns about resale value are major deterrents for potential EV buyers, contrasting the rapid depreciation of EVs with that of gasoline cars. The review also touches upon comparisons between hybrid and gasoline models, the challenges of supply allocation for certain markets like Canada, and provides insights into specific vehicle comparisons, such as the Mazda CX-30 vs. Subaru Crosstrek and Volvo XC90 vs. Kia Sorento. A notable point is the cancellation of a Nissan Kicks press event, which the hosts speculate was due to technical issues. Key takeaways include the advice to consider long-term ownership or leasing for EVs due to resale value concerns, and the growing emphasis on multi-platform strategies by manufacturers to accommodate both hybrid and full EV models. The hosts also share personal anecdotes, including a humorous digression about Irish Terriers and a candid account of Rivian withholding a vehicle due to a previous negative review.