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by floxy
527 days ago
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I think the $7,500 federal tax credit screws up most people's depreciation calculation. Or at least not keeping that in mind skews people's perception. For example, I purchased a Nissan Leaf years ago, when it was still eligible for the full $7,500 credit. The MSRP was ~$28k. But I only paid ~$21.5k. So it seems like it suffered 23% depreciation the day I drove it off the lot, since no one would pay more than that for a used one, otherwise, they can just buy it brand new for $21.5k themselves. But that 23% number doesn't affect the owner of the car. |
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