Used valuations for pure EV's

[jjwilde]

The Model3 has come top of cars which keep their value in the USA, incredibly it keeps 90%(!!) of its value after THREE years. This seems pretty crazy.

There go dreams of getting a 3 for £20k any time soon.

[DuncanM23]

Depreciation isn't just down to the car degrading, but the ability of new cars improving significantly. However, there seem to be fewer deals on new EVs compared to a couple of years ago, so the cash price for a new car has gone up significantly. With demand (relatively) high, depreciation seems to be really slow at the moment. I don't know if that will change as more longer range used EVs come onto the market (LEAF 40, Zoe 40, Kona and eNiro as well as the Teslas), and if the change to CCS will make older Zoes and Leafs obsolete.
The value of the battery for a powerwall type arrangement means that there is a floor below which the car is worth more in pieces (a much bigger value that with run-of-the-mill ICE cars), so they never get down to banger prices - this might help prop up the value of the cars further up the chain as well.

[kambites]

DuncanM23 said:

The value of the battery for a powerwall type arrangement means that there is a floor below which the car is worth more in pieces (a much bigger value that with run-of-the-mill ICE cars), so they never get down to banger prices - this might help prop up the value of the cars further up the chain as well.

Interesting point.

[stabilio]

I was worried about public charging / Tesla supercharging but aside from the day I collected mine, I’ve yet to use any public charger and my car is always ‘full’ on the drive when I need to use it.