New research finds electric vehicles depreciate faster than gas cars, but the trend is changing

Thinking of buying an electric vehicle but unsure about its resale value? New research finds that while older electric vehicle models depreciate in value faster than conventional gas cars, newer electric vehicle models with longer driving ranges are holding their value better and approaching the retention rates of many gas cars.

New research finds electric vehicles depreciate faster than gas cars, but the trend is changing
Thinking of buying an electric vehicle but unsure about its resale value? New research finds that while older electric vehicle models depreciate in value faster than conventional gas cars, newer electric vehicle models with longer driving ranges are holding their value better and approaching the retention rates of many gas cars.