Hydrogen power

[Profpointy]

There's a big difference though; most EVs are bought through company schemes with a huge BIK subsidy. So you'd expect depreciation higher in early years simply because it's ~30% cheaper to buy a new one than the list price.

That is at least somewhat true for IC cars too. Some companies, including the leasing companies could supposedly buy them, lease them out for a year and re-sell for what they bought them for. Somehow this makes sense for someone. My own mondeo company car had a list price (for tax purposes) which seemed way high, and I doubt anyone even ordinary punters paid that

 

[roubaixtuesday]

That is at least somewhat true for IC cars too. Some companies, including the leasing companies could supposedly buy them, lease them out for a year and re-sell for what they bought them for. Somehow this makes sense for someone. My own mondeo company car had a list price (for tax purposes) which seemed way high, and I doubt anyone even ordinary punters paid that

Yes, I agree, but the point is that it's much moreso for EVs, where the benefit in kind paid by employees is almost zero, so you essentially pay for a new EV from gross, not net salary. Whereas anyone buying 2nd hand is doing so from net salary.

 

[icowden]

It appears that none of the 10 slowest depreciating cars have any electric content (although granted most of them are bloody horrible).

Well if you are buying a Range Rover or Land Rover Discovery because they hold their value, that isn't going to help you when they are nicked from your driveway.

 

[wafter]

Well if you are buying a Range Rover or Land Rover Discovery because they hold their value, that isn't going to help you when they are nicked from your driveway.

Thankfully I'd not be seen dead in one of those greasy wankpanzers