Versa is 18k, we’re not nearly there. As far as the supply of used cars, there will be two things. First, forced switchover to electric will mean every gas car that leaves the road will not return without a lot of time and money to convert them. Second, when the cost of cars rises and supply restricts that means the used electric cars will see their price rise too. But you’re right that in the medium term used cars will keep us going. It’s the decade plus period that’s an issue, where supply constricts further and prices rise out of where most consumers can reach.
New cars are already a luxury only the upper class can afford. Unless this somehow affects the used car market I don’t think that’s the biggest worry.
Versa is 18k, we’re not nearly there. As far as the supply of used cars, there will be two things. First, forced switchover to electric will mean every gas car that leaves the road will not return without a lot of time and money to convert them. Second, when the cost of cars rises and supply restricts that means the used electric cars will see their price rise too. But you’re right that in the medium term used cars will keep us going. It’s the decade plus period that’s an issue, where supply constricts further and prices rise out of where most consumers can reach.