You Can Already Purchase A Used Hyundai Ioniq 6 For About The Worth Of A New Honda Civic | Jive Update

You Can Already Purchase A Used Hyundai Ioniq 6 For About The Worth Of A New Honda Civic


When we first drove the Hyundai Ioniq 6, we didn’t discover it significantly sporty, however if you happen to’re simply on the lookout for a cushty every day driver, it’s implausible. That stated, there are two notable downsides — the styling is extremely divisive, and it will probably get costly quick. It begins slightly below $39,000 together with vacation spot, however begin including options, and the worth can cross $50,000 earlier than you recognize it. Have a look at the used market, although, and depreciation has already hit these automobiles exhausting. Like, so exhausting that some used ones already value about the identical as a brand new Honda Civic.

Take this 2023 Ioniq 6 in West Palm Seaside, Florida, for instance. It’s a rear-wheel drive SEL that in all probability value about $48,000 when new. Now? With solely 28,000 miles on the odometer, you’ll be able to take it residence for under $22,998. It isn’t even a full two years outdated, both. In keeping with the Carfax, it was first registered in October of 2023, in order that’s, what 16 months on the street? Some fast back-of-the-napkin math reveals depreciation someplace within the space of $1,500 a month. And it isn’t even a salvage title. Heck, the Carfax doesn’t even present any wrecks.

That itemizing is much from the one one prefer it both. It appears like there are at the very least seven Ioniq 6s listed on the market nationwide that value lower than $25,000, and at the very least 74 priced under $30,000. Even if you happen to hate the styling, it’s an entire hell of lots simpler to get previous that once you’re paying lower than $25,000 for the privilege. And if you happen to love the styling, effectively then you definitely simply lucked out. Not that it’s a lot of a shock that EVs depreciate rapidly. It isn’t precisely new, however it will probably nonetheless be stunning once you understand simply how rapidly one of many EVs you thought was slightly overpriced at launch can depreciate.

It’s additionally an amazing reminder that if you’d like a brand new EV, it’s in all probability a good suggestion to lease as an alternative of shopping for. No less than that manner, possession prices will probably be predictable, and also you don’t have to fret about discovering out at trade-in that the automobile you paid some huge cash for a yr or two in the past is price subsequent to nothing. Or simply wait six months and take it off another sucker’s arms at an enormous low cost.

Leave a Reply

Your email address will not be published. Required fields are marked *