So parents are possibly in the market for an EV but since the Iran war, prices have suffered from some profiteering due to the supply/demand.
Is it a bad idea to shop for an EV in the current market? If not, does anyone know where the value lies?
New would be ok depending on price, but we've never bought new cars due to the serious depreciation in the first 1-2 years. But I guess depending on market circumstances, new may be a better value proposition.
Anyway, suggestions on where we might start considering (including sitting tight) would be great thanks.
Here's my cheapest cheapies recommendation.
Most of the time, buying will cost more then keeping what you have now. Even if you factor in the operating costs.
You say "possibly in the market", sounds like they don't need to replace the current solution.
We all like new things, but that will cost more. I keep looking (because I also like new things). But can't justify the cost.
So I say sit tight. It's what I'm doing.