The End of Internal Combustion Engines: Will Gasoline and Diesel Cars Become Worthless?

The EU's 2035 Combustion Engine Ban: Implications for Vehicle Value

Misconceptions about Value Stability

The upcoming ban on the production of new gasoline and diesel vehicles in the European Union (EU) by 2035 has sparked concerns about the future value of these vehicles. Some argue that the ban will lead to a decline in the value of internal combustion engine (ICE) cars. However, this assumption is not entirely accurate.

Limited Historical Data on Electric Vehicle Value

The value of electric vehicles (EVs) is still relatively uncertain due to a lack of historical data. However, it is important to note that ICE vehicles have also experienced value fluctuations over time. Factors such as economic conditions, advancements in technology, and consumer preferences can all impact vehicle values.

E-Fuels: A Potential Lifeline for ICE Vehicles

While the production of new ICE vehicles will be banned from 2035, it is important to note that the ban does not extend to existing ICE vehicles or those that are fueled by e-fuels. E-fuels, which are synthetic fuels derived from renewable energy sources, could potentially extend the lifespan of ICE vehicles and maintain their value.

Oldtimers and the Future of Automotive Value

The ban on new ICE vehicles raises questions about the future value of oldtimer vehicles. These vehicles, which are typically highly prized by collectors, could potentially become even more valuable in the future as they represent the end of an era.

Conclusion

While it is true that the automotive landscape is undergoing significant changes, it is premature to assume that gasoline and diesel cars will become worthless. Factors such as e-fuels, the continued use of existing ICE vehicles, and the potential value of oldtimers all contribute to the uncertainty surrounding the future value of these vehicles. It is important to monitor the market and consider all relevant factors before making any assumptions.