Electric vehicles depreciate twice as quickly as petrol cars

The rapid development of plug-in vehicles means electric cars on sale today are quickly outdated and become worth much less when it comes time to sell, a new study shows.

The average electric model drops in value by 41 per cent after three years – that compares to 24 per cent for petrol cars and 26 per cent for hybrids, according to Irish online marketplace DoneDeal.

The rapid rate of depreciation is almost a match for the value loss of under-fire diesels (43 per cent), the research shows.

Source / More : THISISMONEY

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