Australia's largest stock trading and investment forum Australia's #1 stock forum

Bowens Big Car Ban, page-115

First 115 Last

Share
Profile

Follow
WangChung

18,479 Posts.

255

23/02/24

16:10

Post #: 72564994
Share

Originally posted by kurrajong ↑

Because the idiots who thought that they were going to save the Planet by buying an EV have already bought them. The rest of us who are a lot more intelligent won't! So therefore, there will be a glut of EV's that can't be sold!!! And that is what is happening around the world at this moment. The EV market has collapsed!
A one year old EV with 16,000 km on the clock is selling for less than 30 and in some cases 50% below their retail price. You can't give them away. Plus it's getting to the stage that when the 5 year warranty runs out on an EV, car retailers won't allow you to trade them in.
Most vehicles are the worst investment that anyone can make but with an EV, it's a complete financial disaster!
Meaning that a 'Green idiot and their money are soon parted'!!!

Expand

Yes, I’ve mentioned this before, but motoring journalist Paul Gover (drive.com) contacted some Sydney car dealers last month and they said told him they wouldn’t take an EV as a trade in.
9 Upvote

Reply

Top Stories

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

MIN

Ellison slapped with $20M sanction from MinRes but will stay on as leader – for now

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

MIN

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

There are more pages in this discussion • 161 more messages in this thread...

First 115 Last