Used Electric Vehicle Sales Are Soaring: Is This Trend Sustainable?

You'll see you're a must follow on X. I love your takes. I've ripped you off a few times. Always giving you credit, though. I might add. So thank you very, you were anonymous for a long time. Good to see you in person. I was, I was. Is, so I'm, you know, you know my views. I've been critical of EVs and I think I've been directionally correct. Is this good news or bad news disguised as good news because they're basically giving EVs away at some point?

你会发现在X上，你是必须关注的。我喜欢你的看法。我有时候会借鉴你的想法。尽管如此，我总会给你致谢。所以非常感谢你，你曾经匿名很久。见到你本人真是太好了。我是，我是。所以我，你知道，你知道我的观点。我对电动车一直持批判态度，我认为我方向是正确的。这是好消息还是伪装成好消息的坏消息，因为他们最终基本上是在免费赠送电动车？

Yeah, look Brian, I think that this is a form of a sugar rush. What you're seeing is if you look at what new vehicles dropped the most in price over the last year, right, it's been EVs, new EVs, right? Elon started with the massive Tesla cuts about a year and a half ago and the rest of the market followed. And so naturally, the way this industry works is new cars and use car prices. They work in unison, especially when you look at the three to four year old models. And so you're going to have an environment where you're cutting new EV prices from anywhere from 20 to 50 percent, right? You have some models, Tesla models, drop as much 50 percent on the new side. That flows through to the use side.

是的，看，布莱恩，我认为这是一种糖分飙升。你所看到的是，如果你看过去一年中新车降价最多的情况，对吧，就是电动汽车，新的电动汽车。埃隆大约一年半前开始大幅削减特斯拉的价格，其余市场也跟随。所以自然而然，这个行业的运作方式是新车和二手车的价格是协调的，特别是当你看到三到四年的车型时。所以你会有一个环境，你为新的电动汽车价格降低了20%到50%，对吧？有一些车型，特斯拉车型，新车降价多达50%。这种情况也传导到二手车市场。

And so what you're seeing in my opinion is a sugar rush coupled with the government unleashing the used EV tax credit, which started this year. And so use car dealers are now capitalizing on that as well, which is providing roughly $4,000 to consumers in tax credit that can be right away applied to your purchase. And so all that said, I think what we're seeing is a short term sugar rush specifically for used EVs. I do think it will continue rising, but I do think right now this specific surge is due to simply the fact that new car prices drop so quickly and the used EV tax credit.

在我看来，你所看到的是糖果效应和政府释放了今年开始实施的二手电动汽车税收抵免政策。二手车经销商正在利用这一政策，为消费者提供大约4000美元的税收抵免，可以立即用于购车。总而言之，我认为我们所看到的是二手电动汽车的短期繁荣。我认为价格将继续上涨，但目前这种激增是由于新车价格迅速下降和二手电动汽车税收抵免政策的影响。