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Electric cars depreciate faster than petrol cars - would this put you off ‘going electric’?

New research has found that electric cars depreciate at a much quicker rate than petrol cars. If ...

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15.00 28 Aug 2019


Electric cars depreciate faster than petrol cars - would this put you off ‘going electric’?


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Share this article

15.00 28 Aug 2019


New research has found that electric cars depreciate at a much quicker rate than petrol cars. If you buy a new electric car today it may have lost 41% of its value in just three years times, according to a study by online marketplace DoneDeal. That is compared to petrol cars which depreciate by less than a quarter, 24%, in the same time. Would this put you off ‘going electric’? Susan chats to Shane O’Donoghue, Editor of Complete Car.ie and hears from listeners


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