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I bet the opposite will happen. Value of ICE vehicles (some more...

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WangChung

19,118 Posts.

266

29/08/23

15:03

Post #: 69614971
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Originally posted by moorookamick ↑

Don't buy new because the Government will likely surcharge ICEs
by 2026, IMO and like some countries in Europe may aim to phase
them out entirely later.

The 2nd hand value of ICEs in Aus is high relative to other countries
(that's why we're not allowed to import used ICEs except for the odd
Hoon car and a handful of Hybrids)

Once the writing is truely on the wall with respect to officially phasing-out
ICEs, the ass will fall out of secondhand prices, IMO.

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I bet the opposite will happen.

Value of ICE vehicles (some more than others) will SOAR as people pay anything to avoid an EV.
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