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7,000-Mile Dodge Charger EV Lost $50,000 in Value After Just One Year

AUTO BLOG·2d ago·3 min read
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RSS SUMMARY · AGGREGATED FROM AUTO BLOG

One of the main reasons many buyers are still reluctant to purchase an electric vehicle is depreciation, since battery-powered cars tend to lose value faster than gasoline cars. While the industry average depreciation is 46% over five years, EVs can depreciate by approximately 59% during the same …

One of the main reasons many buyers are still reluctant to purchase an electric vehicle is depreciation, since battery-powered cars tend to lose value faster than gasoline cars. While the industry average depreciation is 46% over five years, EVs can depreciate by approximately 59% during the same …

One of the main reasons many buyers are still reluctant to purchase an electric vehicle is depreciation, since battery-powered cars tend to lose value faster than gasoline cars. While the industry average depreciation is 46% over five years, EVs can depreciate by approximately 59% during the same …

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