Used Electric Car Prices are on the decline

Used Electric Car prices are on the decline...is now the time to switch to Electric?


It is reported that dealerships are seeing electric cars remain on forecourts for a longer period.

This could be down to…

✔️The cost-of-living crisis
✔️Higher charging costs
✔️More attractive deals on new models which drives down demand for premium used vehicles.

 


In November, the top Electric Car used car price declines were...

  • BMW i3: down 7.8% (-£2,417)
  • Tesla Model 3: down 6.8% (-£3,100)
  • Audi e-tron: down 5.9% (-£3,102)
  • Mini Electric: down 5.9% (-£1,728)
  • Hyundai Ioniq: down 5.9% (-£1,500)
  • Smart EQ ForFour: down 5.8% (-£890)
  • Tesla Model S: down 5.0% (-£3,983)
  • Renault Zoe: down 5.0% (-£1,036)
  • Tesla Model Y: down 5.0% (-£2,750)
  • Volkswagen ID.3: down 4.9% (-£1,767)
  • Polestar 2: down 4.9% (-£2,310)
  • Smart EQ ForTwo: down 4.9% (-£800)
  • Volkswagen e-Up: down 4.9% (-£1,100)
  • Porsche Taycan: down 4.5% (-£4,725)
  • Seat Mii Electric: down 4.1% (-£800)
  • Skoda Citigo Electric: down 4.0% (-£783)
  • MG ZS: down 4.0% (-£1,069)
  • Nissan Leaf: down 4.0% (-£1,030)