Autoblog and Yahoo may earn commission from links in this article.The headline here is a bit misleading. The Volvo EX30 doesn't come with much of a key. It's a plastic brick with no buttons. The EX30 is also a dead car. As of publishing, Volvo will sell the EX30 in several markets, but not here in America.How We Got HereIn fact, the SUV was dead before I even got the "key" handed to me. We got here (or started to get here) back in September 2025 with the end of subsidized EV purchases for many US states. Federal tax incentives expired, drastically altering the pricing of EVs in every dealership across the country.AdvertisementAdvertisementFollowing President Trump's suspension of federal tax credits, the floor promptly dropped out from under EVs. Demand plummeted, and Americans went right on buying gas-powered cars. Faced with a regulatory climate that stands firmly against them, automakers started dropping current and future EVs from their lineups, opting instead to chase demand rather than attempting to create it.Chase BierenkovenVolvo largely ended up in the same boat. The EX30 was billed as an affordable compact EV in a country that mostly prefers gas-powered trucks and SUVs. At most, an American may buy a hybrid. So, the announcement came. In March, Volvo announced that production would end for the US-market EX30 following "a thorough evaluation of our business and operational strategies and is a direct response to shifting market conditions and financial factors."Volvo Pledges To Support Existing EX30 BuyersThe looming question is, of course, how Volvo will handle supporting those who already have them. No one wants to buy a car and end up with no one to help take care of it (looking at you, Henrik Fisker). It's easy to understand why: those who leased Fisker cars got stuck with near-worthless vehicles. But Volvo isn't Fisker. It'll be here tomorrow, but the EX30 won't be. I asked Volvo what would happen to EX30 owners, and was given the following statement:Volvo Car USA has decided to end sales of the EX30 and EX30 Cross Country in the US market after the 2026 model year. The EX30 will remain available in other markets globally, including Canada and Mexico. That said, all Volvo owners—whether their model is still on sale or not—continue to receive support as well as service, parts, warranty, and software.Depreciation Is The Biggest Reason To Avoid A Dead Car (Or Any EV)Chase BierenkovenA car dying tends to scare off prospective buyers. That means up-front depreciation will be steeper (especially as the EX30 is an EV). This is great if you want a bargain. On a nationwide search, it's not hard to find EX30s for $10,000 off their MSRP. These also come with the added assurance that certified pre-owned cars offer.AdvertisementAdvertisementHowever, we can't recommend buying one new for the same reason. Though Volvo has pledged to support the vehicle, this sort of thing tends to spook new buyers. Unlike some smaller brands, we at least think the EX30 is safe to lease.Whether you'd want to is another matter entirely. I enjoyed some aspects of the EX30. Its smart design, small footprint, and adventurous CrossCountry trim made it perfect for the city-dweller who likes to get out. However, its frustrating tech and small back seats made doing it with friends or by yourself a minefield of chimes and notifications. A mixed bag, yes, and one that will continue to depreciate heavily. Should you buy a dead car? The answer comes down to who made it.This story was originally published by Autoblog on Jul 23, 2026, where it first appeared in the Features section. Add Autoblog as a Preferred Source by clicking here.