Used EV Values Are In Freefall

Yes. There are soo many variables that you need a spreadsheet to figure it out. There is no easy way to say that EV is cheaper than ICE unless you know the purchase price, your expected mileage, cost of fuel, depreciation, potential subsidiaries, financing, servicing, repairs, etc. for the time of owning the car. It might not be.

Nobody can know all the variables in advance, so what I did was to calculate the worst possible scenario for the EV against my somewhat more known cost of continuing buying beater cars (which was the cheapest option for me in comparison to buying new ICE cars also, and also on my budget because I knew how much I spent on it previously).

The EVs worst scenario was way ahead of the best scenario ICE, but it was very mileage dependant. I commute 50 km (30 miles) every day and then some. I get my electricity tax free because of government subsidiary and my financing was cheaper because it's an EV (less than 1% interest), but this is obviously very local. ALL variables must be known to some degree, but it's never as simple as comparing the purchase price. While that's the most easily known factor it doesn't actually matter much after 10 years, because all the variables make up for it long before.

Also, charging at home vs. subscribing to a charging service and getting the right electricity subscription are completely different calculations also depending on location, usage and availability. I live in Denmark (Europe) and charging at home with variable price and feedback subsidized commission is absolutely the cheapest option unless you're a traveling salesman putting thousands of kilometres every week.

By doing worst case against a known case I am always pleasantly surprised when we have negative electricity prices, because the actual calculation would break down at that point. My actual costs are continuously better than my expectations, so if my expectations are good enough, well then my actual situation is a lot better.

I can only urge people to gather their data, figure it out and have a look. There will be cases where an ICE car is cheaper, but in my situation, I can't find it at all.

It's not a gamble, just EV haters keeping that myth alive. You don't worry about the replacement engine cost of an ICE, do you?

Yep but you can buy an ICE from 7 years ago and be fine. EVs are absolutely dreadful for poorer folks.

Not really on a deeper level. The systems underpinning all present vehicles are all proprietary garbage. It has been that way since around 2013 when cars started having modems and acting as data mining stalkerware that steals your digital person for manipulation and exploitation.

There were already many schemes present where digital theft was already an issue, but after the acceptance of stalkerware as standard, you've completely lost true ownership of any vehicle. The worst offenders are ALL electric vehicles, but any vehicle in the last 10 years is completely worthless second hand. This shift made the poor of society far more impoverished in the long term and creates a massive barrier in wealth disparity that will become far clearer to see in the next 10 years.

I painted cars for these kinds of general used car lots in the aughties. I even dabbled in buying for dealers at wholesale auctions. I can see the market clearly when I see what these kinds of dealers carry right now. It clearly looks like the world is sinking into something like the Cuban embargo where dealers are doing anything they can to acquire and resell the last age of ownable models that can be found at dying auction houses. It is the end of ownership. That means the end of autonomy. This is not just an EV problem, but it is an E problem. And it absolutely is a soft coup against democracy.