Yeah, used EVs depreciate quickly. I'm comparing new Tesla Plaids to the C8 Corvette and due to depreciation its looking like the C8 will be much cheaper, and much more fun to drive. The C8 will drop 30k in 5 years according to C6/C7 data, whereas a Plaid will likely drop 70k. If I spend less than $800 a month on fuel the C8 is cheaper.
Currently C8s are appreciating their first year, which is really weird.
The Model S is really chonky at almost 5000 lbs, which is the same as a 4Runner.