Its been known for a while that buying an electric vehicle doesn't have much of a second hand value. The Telegraph quotes a study carried out by the pricing experts at Cap Automotive, who analyzed UK's second hand prices and their findings indicate that electric vehicles suffered the worst depreciation of all fuel types surveyed.
The EVs were on average, worth 20.2 percent of their purchase price when new after three years, compared to diesel and petrol cars. Is this trend happening in most places around the world?
While full EVs did very badly, hybrids like the Toyota Prius and Honda Insight actually surpassed the conventional bunch, retaining a value of 45.3 percent over the same period.
Personally, I prefer winter over summer. I’m much better at handling the cold than I am at handling the heat. But let’s face it: the same doesn’t really go for a lot of people, and it certainly doesn’t go for most machinery. Cars, for example, are much better at handling those summer months than they are the icy winter ones. Read more