What It's About
No gas, no problem—but can you resell electric vehicles?
Notes from Chris
Episode 2201
In a few short years, electric vehicles (EVs) have gone from something novel to something that you see everywhere. Most manufacturers either have at least one EV out already, or it’s in the pipeline for the next few years at the latest. But of course, when there’s high demand and relatively low supply, that creates price pressure. Our caller wants to know if they can take advantage of this."What’s up, Chris! I’m enjoying the show from my home in Toronto. Don’t skip us on the next tour! Alright, here’s my question: we all know that electric vehicles are in fashion now, and some of them are hard to get. The waiting list for popular models can be a year or more. So it made me wonder ... what's the reselling market like—are people joining the wait list and then flipping the car or truck as soon as they get it? If not, why don't they? It seems like an eager market! But I also imagine it comes with some complications, so I’m curious to know if you’ve noticed anything."Listen to today's episode to learn more...
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