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.
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