Many used EVs going for less than gas counterparts - Auto Remarketing
According to new data and insight from Black Book, EVs continue to face much heavier depreciation rates than their gas counterparts. That said, three years down the road, Black Book pointed out, EVs could easily be priced $900 below their gas counterparts, showing rapid declines in price. "On several of today's popular EV vehicles, the depreciation curve is very steep, largely driven by lack of consumer demand preferences for fuel-efficient models with current price of gas," said Anil Goyal, vice president of automotive valuation... Black Book took a look at the prices of the new Nissan Leaf versus the Nissan Versa. a Mitsubishi i-MiEV versus the Mitsubishi Lancer. The company found the EV premium over a gasoline model for mainstream brands has “pretty much disappeared” for used vehicles from an average premium of $16,600 for new vehicles. In fact, the company found in a couple of cases, a used electric model now costs less than their used gasoline counterpart or close to it. Take these models for example:. Source: www.autoremarketing.com
