this post was submitted on 04 Apr 2026
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Anecdote:
I was recently browsing an auto listing app for a used EV as I'm thinking about switching to an EV from my ICE hatchback, and the market near me is absolutely flooded with Teslas, primary model 3s. And it's not just "old" ones either. Tons of 2020-2024 models as well.
there are people in the world who buy new car because their 2 year old one is already too old.
Fun fact, while shopping for a car in 2022, we looked at a used 2021 bmw x5. I wondered what they replaced it with and the salesman said "oh, he traded it in for a 2022 x5 of the exact same trim". They know him well because every year he comes in and trades in to make sure he is never driving "last year's model".
Particularly stupid because that was the year of shortages where they actually made the new model worse by removing features they couldn't get supply for, other than removing features, the new car was unchanged from prior year.