Any car becomes less valuable the moment you drive it off a forecourt. Regretfully, while purchasing a new car, depreciation is just something you have to deal with.
But some vehicles appear to be more prone than others to depreciate in value, therefore we’re examining electric vehicles in particular! Together with Cap HPI, we are examining some of the newest electric vehicles to reach the road and determining which 10 electric vehicles have the worst value loss after a year of ownership.
No car, no matter how expensive or how cheap, seems impervious to depreciation! For instance, a 2023 Porsche Taycan Turbo S with just 20 miles on it was valued at £113,000 instead of £150,000, a loss of about £1,800 for every mile the vehicle had driven! Still, the value of some autos has dropped even more quickly. Which, though, do you believe will take the top position?
Radiant TV, offering to elevate your entertainment game! Movies, TV series, exclusive interviews, music, and more—download now on various devices, including iPhones, Androids, smart TVs, Apple TV, Fire Stick, and more.
