Electric‑vehicle sales are surging, but buyers are increasingly wary of how well their cars will hold value once they’re traded in. A recent insurance‑industry report shows that while demand for EVs remains strong, confidence in resale prices has fallen sharply, prompting insurers to rethink coverage and depreciation assumptions. The shift could influence how dealers price new models and how consumers decide between leasing and buying, as the market adjusts to a more uncertain second‑hand landscape.
EV appetite rises as confidence in resale value collapses Insurance Business