Key Points
Now, this cannot be said of every EV, but Cap HPI data provided to WIRED by Parkers, a respected UK online car resource, revealed how six different EVs are all projected to halve in value after 12 months and 10,000 miles..
If the long-range Polestar 2 mentioned above had covered 20,000 miles in its first year instead of 10,000well above the annual UK average of just 7,000its estimated trade-in value falls by only an extra 975, or a further 2 percent of its original price...
Cap HPI data states how a 2023 Model 3 Long Range would fall from 50,000 to 27,550 after one year and 10,000 miles, then by only an additional 2,500 after two years and 20,000 miles..
When comparing a gas-powered Audi Q7 55 with an electric Audi e-tron 55 SUV, both one year old and with 10,000 miles, the gas-powered car is worth 42 percent more after 12 months, despite costing less when new...
Cap HPI data showed how, after three years and 30,000 miles, a gas-powered Volkswagen Golf has a 46 percent price premium over an electric Golf...
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