The incentives and mandates from the US federal government for hybrids and especially electric vehicles is also apparent on the secondhand market. These cars depreciate at least as fast as gas cars, and often faster. The electric trucks can't do real truck stuff because the range takes such a hit when loaded up or towing a trailer. But our all-knowing political class just continues setting arbitrary mandates without any regard for what people want or need. And the debt bubble grows with each new car as people chase the new things they are told they need.
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