This doesn't really make sense... the person who bought the used car wasn't just going to not drive if it weren't for sale, they'd just buy a different one. Now, there is one ICE car and one electric car on the road instead of two ICE cars.
If half of the world immediately upgraded to electric cars, sure there would be a temporary surplus of vehicles, but it would only last until the old ones broke down.
> If half of the world immediately upgraded to electric cars, sure there would be a temporary surplus of vehicles, but it would only last until the old ones broke down.
Exactly. There'd be a temporary surplus of (newer, better-condition) ICE vehicles. And people who are otherwise faced with a $1500 bill to repair their old one "kinda needs repairs, burns some oil but a quart a week isnt too bad", will instead buy a more efficient ICE. Most new BEV will get an old shitty ICE off the road.
If half of the world immediately upgraded to electric cars, sure there would be a temporary surplus of vehicles, but it would only last until the old ones broke down.