July 2, 2025 at 7:20 am
#307629
EV lose that much money on re sale is why the ap is so high
That’s right but, unfortunately, Motability’s approach is to absorb the enormous hit on EV residual values by increasing the APs across the board for all cars, so that EVs remain attractive. This means that those who can’t get an EV (or don’t want one) are subsidising those who do.