So I've been exploring the possibility of purchasing an EV vehicle while the government has this FBT exemption for EV vehicles.
I'm tossing up whether to try pick up something now or wait until EV prices go down. However with inflation, low supply and high demand, it seems like EV vehicles are actually going up in price (generally)?? The FBT exemption is going to be reviewed in 2027, so there is a chance it might end by that time. The longer I wait, the less time I could have the vehicle FBT free.
So should I wait until there is more stock and competition for EVs, or should I get something now? Current model of ICE works fine, so from a practical point of view I don't NEED to upgrade now. But also concerned ICE values will drop quicker as EVs become more prevalent.
When there's lower demand. (I can't see that being any time soon!)