Production EVs are developing rapidly, if not as rapidly as smartphones. I'd guess that that's one reason that leases are popular. It may also be one reason that they depreciate faster than ICEVs.
Just look at two year old smartphones (when sold outright, not on a mobile contract). Most cost a fraction of their original price too, even when offered as new old stock. Another possible reason is simply that the used price reflects the actual value to buyers, while the new price was set too high. David Roden - Akron, Ohio, USA EVDL Administrator = = = = = = = = = = = = = = = = = = = = = = = = = = = = = EVDL Information: http://www.evdl.org/help/ = = = = = = = = = = = = = = = = = = = = = = = = = = = = = Note: mail sent to "evpost" and "etpost" addresses will not reach me. To send a private message, please obtain my email address from the webpage http://www.evdl.org/help/ . = = = = = = = = = = = = = = = = = = = = = = = = = = = = = _______________________________________________ UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub http://lists.evdl.org/listinfo.cgi/ev-evdl.org Read EVAngel's EV News at http://evdl.org/evln/ Please discuss EV drag racing at NEDRA (http://groups.yahoo.com/group/NEDRA)