All cars, including electric cars lose 25% value after they’re sold. The concern is about longer term resale value. A 10 year old electric car is worthless. It would need a new $15,000 battery to continue operating. A 10 year old combustion car can still be worth more than half its original value.
All cars, including electric cars lose 25% value after they’re sold. The concern is about longer term resale value. A 10 year old electric car is worthless. It would need a new $15,000 battery to continue operating. A 10 year old combustion car can still be worth more than half its original value.