The shift towards electric vehicles (EVs) in countries like Norway and China is leading to a decrease in the residual value of gasoline and diesel cars, with the author predicting that the US will follow suit within five years. Owners of gas cars are advised to consider the cost savings of switching to a used EV, while car manufacturers are urged to transition away from internal combustion engine (ICE) vehicles. The importance of considering the total cost of ownership when deciding between a gasoline car and an EV is emphasized, especially as EV prices continue to decrease. The article highlights the need for multiple factors to align for successful electric vehicle adoption in the US by 2031.