Do Electric Cars Hold Their Price. Petrol and diesel cars depreciate more over the same time period, but the difference between the two is marginal. They are the electric cars most in demand, which is keeping resale values high.
What affects an electric car’s depreciation and therefore its resale value? Using the same example, a car purchased at £20,000 would be estimated to be worth around £10,220 three years or 36,000 miles later.
Bbc Radio 5'S The Big Green Money Show Asked Listeners To Send In Their Questions, Here Are Their Top Five:
They are the electric cars most in demand, which is keeping resale values high.
However, We Shouldn’t Take This As Being An Indicator For The Years To Come.
Further, any ev not built in north america is no longer eligible.
In Other Words, Some Cars Are More Prone To Depreciation Than Others.
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While We’ve Seen The Sales Of Used Electric Vehicles Increase.
They might even, in some exceptional circumstances, not depreciate at all over the normal three year first period of ownership.
Selling Your Car Has Never Been Easier.
The model x is not eligible for the federal ev tax credit.
That All Changed With 2023’S Inflation Reduction Act.