A new study challenges the leasing industry’s long-standing claim that electric vehicles lose value more quickly than traditional cars, finding that second-hand EVs actually hold their worth better than previously believed. The research suggests that concerns over rapid depreciation may have been overstated, offering potential buyers more confidence in the long-term financial viability of electric vehicles. Experts suggest this could influence consumer decisions and market trends as the used EV market continues to grow. The findings may also prompt leasing companies to reconsider their pricing strategies for electric vehicles.
Second-hand EVs are better at retaining value than leasing industry claims, according to new study thedriven.io
