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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Having a nice car is one of the pleasures of the modern age. But some people take it to an extreme level. They do everything possible in their power to make sure that their rides are the most spectacular and the most original. Surprisingly, there is quite a lot of things that you can do to pimp your motor, read on to find out what they are. Read more