The Tesla Model 3, Kia Niro EV, Maserati Levante, Nissan Leaf, Hyundai Kona Electric, and Chevrolet Bolt saw the biggest used vehicle price drops over the past year
Shoppers will no longer pay a premium for electric vehicles and consider electric powertrains a detractor, making them less desirable, iSeeCars study shows.
Figures for May 2024 point to a wave of commercial EVs moving into remarketing channels while a rise in EVs coming into the used market lowers resale values.
CAR 2024: Unlike a combustion engine, an EVs long-term value is maintained daily, based on the unique charging habits and battery management of its owner.
CAR 2023: What will be the foundations of a steady and productive used market for electric vehicles? What steps must be taken to ensure a viable EV sector?
In a confidence builder for EVs, fewer than 2% of batteries have been replaced outside of publicized recalls during the last 10 years.
CAR 2023: Consignors and auctions can expect better resales on used electric vehicles if they know how to make the most of incentives, credits, and rebates.
CAR 2023: Electric vehicles should come with a slow down/caution sign, based on the insights and results from electric fleets in Europe.
The auto resale market now offers an array of EVs that can qualify for second-hand status, signaling potential resale hope for electrical fleet vehicles.
The companies are collaborating on an electric vehicle-specific valuation influenced by the condition of the battery, the most expensive part of an EV.
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