Reply To: 10 Fastest Depreciating EV

#250636
72 dudes
Participant

    Slightly misleading statistics at first glance.

    What they call resale value is actually what you might expect to get as a trade-in, which makes sense but I would suspect some readers might expect to be able to purchase a 3 year old Corsa e (for example) for just under £10k.

    I searched 3 year old Vauxhall Corsa e models on Auto trader and found 39.

    Apart from one high mileage example and another Cat N, all were between £12000 and £16600, with the average around £13500.

    This confirms that dealers are looking for far more profit (greed?) these days than perhaps 5 years ago.

    Who’d have thought that flipping a 3 year old Corsa was going to give a gross profit of £3500?

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