2: Resale Value Is Questionable
It seems like electric cars are changing every month with a new feature or design. This means the used market is going to be saturated. On top of the fact that these cars are extremely expensive to repair, you also have a flood of models. Older models like the Chevy Volt or the Nissan Leaf have fallen out of favor. With unstable resale values, the electric car just doesn’t make a well-used car option.
This will change in the future as more electric cars make their way onto the market. Places like California are making it to where the electric car will be the only new car sold on the market at one point.