Bad Day to Be an EV Salesman: The Unexpected Plummet of EV Prices

Aiden Starling

Updated Tuesday, June 18, 2024 at 12:00 AM CDT

If you bought an electric car in the last year, you might have been ripped off. EV prices are plummeting, and the entire car market is experiencing some unusual shifts. In a recent video by Donut Media, Nolan, Justin, and their friend Sandro delve into this phenomenon through a fun and competitive game format.

Nolan introduces the segment, noting how the hype around electric vehicles seems to be dwindling, and the market is now akin to a heavyweight boxing match. Joe, another Donut Media regular, sets the stage for their game, where they predict the current value of various electric vehicles, starting with a 2023 Chevy Bolt EUV.

The 2023 Chevy Bolt EUV, an LT1 trim with 200 horsepower and a range of 247 miles, originally had an MSRP of $28,795. Despite its appealing features, it has seen a significant drop in value within just a year. With 3,975 miles on the odometer, the team speculates on its current worth. Justin kicks off with a rather pessimistic guess, while Nolan takes a more conservative approach.

The stakes are high as the winner of their game gets a free track day at Streets of Willow, adding an extra layer of excitement to their predictions. The discussion highlights the rapid depreciation of electric vehicles and offers a glimpse into the volatile nature of the EV market.

For car enthusiasts and potential buyers, this video is a must-watch. Not only does it provide valuable insights into EV pricing trends, but it also offers a dose of entertainment with Donut Media's signature style.

To catch all the action and see who wins the game, head over to Donut Media's latest video titled "Bad Day to Be an EV Salesman." Discover the unpredictable world of electric vehicle prices and enjoy the friendly rivalry between Nolan, Justin, and Sandro. Watch the full video now!

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