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Electric vehicles are depreciating much faster than the average of all cars, with one notable exception: Tesla, whose vehicles retain higher values than their petrol competitors.
An automotive research company and a car search engine, iSeeCars.com, examined the depreciation of electric vehicles and found that little-used electric cars (three-year average prices) in the electric vehicle segment were depreciating. average of 56.6%, compared to the average depreciation of 38.2% for all vehicles.
"Categorically, electric vehicles depreciate more than the average vehicle because the resale value takes into account the $ 7,500 federal tax credit and other government and local government credits applied to these vehicles. 'they were bought new,' said Phong Ly, CEO of iSeeCars.
"The technology of electric vehicles evolving at a rapid pace, obsolescence also plays a role in their dramatic depreciation, as well as in the anxiety of consumers and in the lack of public charging infrastructure," said Ly.
The best deals for those looking to buy a slightly worn EV are the Fiat 500e, which depreciates by 69.7%, followed by the BMW i3, Nissan LEAF, Volkswagen e-Golf and Ford Fusion Energi, according to a ranking by iSeeCars.
In addition, iSeeCars found that demand for recent versions of the Tesla Model S is in high demand compared to similar luxury cars and that, despite high average prices, the Model S sells faster than its competitors.
Autolist.com research revealed last December that Tesla Model S and Model X have better resale value than their gas counterparts, with the Model S value being reduced by an average of 27% after 50,000 miles. 36 on average. percent in its segment and the value of the X model down an average of 23 percent, up from 33 percent in its segment.
At the same time, Tesla's sales of new vehicles in North America, its domestic market, have reached a record high, according to a report released by Electrek earlier this month, citing proprietary information provided by unidentified sources.
By Tsvetana Paraskova for Oilprice.com
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