I am wondering what happens to the value of EV's, both used and as trade-ins, if a gov't incentive (either tax credit or rebate) is removed. Would the value increase by the amount of the missing incentive or some fraction of that? What do you think.
I agree GM would see a drop in demand but if they don't adjust their price I could see used EV prices rising. At least I hope so.
I'm counting on the sizable Ontario rebate when I get the Model 3 in about a year. If the rebate is removed then I'm hoping to get a little more on my trade-in to compensate. Wishful thinking perhaps.