Comments by "TeeKay" (@teekay_1) on "How EV Depreciation is DESTROYING vehicle financing | MGUY Australia" video.

  1. It's a signal that the demand for EV's has been abated, and that's all people are going to buy. It doesn' t mean EVs are bad per se, but it does mean that spending more on an EV than $25K is not in your best interest. In fact, if you want an EV, you should only buy used with a warranty from the manufacturer. I predicted 5 years ago the market for EVs would top out at 5-7% of the total fleet of cars, and it appears I was being optimistic.
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  2.  @evfactsnotliesplease  According to reliability reports, Toyota hybrids are the most reliable car in the industry regardless of propulsion type. Most EVs are mid-pack in terms of reliability.
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  3.  @arcadeuk  Wow. Almost all car warranties are transferable. So that explains why used EVs have such poor resale, even for almost new cars.
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  4. Consumer Reports in the US recommends leasing EVs because of both depreciation and the march of technology is relatively quick. But as you point out, the lease payments are based entirely on the depreciation of the vehicle over the lease term, which means that leases aren't making any sense for consumers. Unfortunately, doctrinaire Western governments will do the stupid thing and start subsidizing leases on EVs because they cannot admit the whole EV push is not just wrong but financially ruinous to owners and governments.
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  5.  @Withnail1969  Buy a used one. Apparently they're cheap.
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  6.  @BD-bditw  lol
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  7.  @evfactsnotliesplease  Toyota has never sold Hydrogen cars to consumers. In Paris, they have trialed hydrogen vehicles to fleets.
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  8.  @evfactsnotliesplease  You've provided an anecdote, which is interesting, but it's not data.
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  9.  @evfactsnotliesplease  well, the stats on resale value of EVs are well-documented
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