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)