markemark
Über Member
Ea
According to the AA, the typical combustion engine car that travels 10,000 miles a year will have lost 60% of its value after three years. Under the same circumstances, electric cars are expected to lose 50% of their value.Dec 21, 2023
Depreciation is entirely related to 2nd hand demand. So although you may not, it’s clear that there’s a great demand for them. Yes battery is an unknown but there’s no worry about the gear box, exhaust, engine, turbo, radiator etc.
And a buyer can easily check how well the battery operates but it takes a skilled mechanic and foresight to assess the items listed above in an iCE
Would you buy a second hand electric car? Think about it, your the second, third or fourth owner of the EV if battery goes whilst, you own it, you are going to get a very large bill.
According to the AA, the typical combustion engine car that travels 10,000 miles a year will have lost 60% of its value after three years. Under the same circumstances, electric cars are expected to lose 50% of their value.Dec 21, 2023
Depreciation is entirely related to 2nd hand demand. So although you may not, it’s clear that there’s a great demand for them. Yes battery is an unknown but there’s no worry about the gear box, exhaust, engine, turbo, radiator etc.
And a buyer can easily check how well the battery operates but it takes a skilled mechanic and foresight to assess the items listed above in an iCE