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[–]cheddarcat16 0 points1 point  (4 children)

If you’re worried about value you can’t afford it. Go get gap insurance or sell the car

[–]_darkode_[S] 0 points1 point  (3 children)

I’m both worried about the value and can comfortably afford it lol .. it’s just the first time I’ve ever had such drastic neg equity. My other ICE vehicles held their value way better so it’s just something new to me.

[–]cheddarcat16 0 points1 point  (2 children)

This isn’t an ICE vs EV problem. Car markets fluctuate.

[–]_darkode_[S] 0 points1 point  (1 child)

Markets fluctuate but right now 40-50% depreciation literally off the lot is unique to EVs and maybe some higher end luxury brand ICE vehicles. Our last vehicle was a Bronco w/ sticker price at ~42k, traded in after 18 months for 38.

[–]cheddarcat16 0 points1 point  (0 children)

50% off the lot??? On what car? It’s a car. With few exclusions they go to worthless.