How much value do second-hand electric cars lose?

When everyone buys a new car, they make predictions about how much value it will lose or gain in second hand. In fact, for many people, the second-hand depreciation rate is considered among the factors deciding whether to buy a car or not. So how much value do electric cars lose in second hand? An independent research company published its report on this issue. Tesla Model S and Model 3 surprised. Here is the second-hand electric car value loss research and its details…

Tesla Model S was the electric car that lost the most value!

The research on the subject covers cars that have been actively sold on the market for 5 years or more. Perhaps the most referenceable brand in this regard is the American Tesla. Because the brand, which has been working on electric cars since 2012, has been on the market for 11 years. Naturally, it serves as a good reference point for research.

First of all, there are some points to consider in the research. First of all, many cars could not be included in the research list. Since electric car sales have started actively in the last 2 years, the number of brands and models that have been on the list for more than 5 years is quite low. Model 3 took its place on the list because the Tesla brand has been active for a long time.

In addition to these points, there is one more thing we need to add. Market differences between countries. For example, in automobile markets with frequently changing dynamics, such as Turkey, these researches cannot give us definitive results. For this reason, the research results and your own country’s automobile market may not show similar trends.

In the research conducted according to the American market, Tesla Model 3 is at the top of the list with the least loss of value. Here, the fact that the model is very new and has just entered the market can be explained as the reason for the low depreciation. Model X, another Tesla product, comes right behind it. Nissan LEAF ranks 3rd in the least depreciation ranking, followed by Chevrolet Bolt EV in 4th place. Tesla Model S, which is at the bottom of the list, has a loss of 55.5 percent.

Here it can be inferred that the Tesla Model S series lost more than half of its price as second-hand value loss. However, as we said, this research belongs to the iSeeCars company. American market Considering its research and capacity, it contains very few electric cars.

Keep in mind here that Model S’s are older than other models and second-hand Model S’s are generally used more than other models. For this reason, the decrease in battery health rates of vehicles is greater than other models, and this is another factor that reduces their value.

So, what do you think about the loss of value of second-hand electric car models? Don’t forget to express your opinions in the comments section…