All Electric Cars Except Teslas Have A Depreciation Problem
After 3 years, most electric cars sold in America are worth less than half what they cost new. The Model 3 is the exception.
EV depreciation
Tesla Model 3 Wins (Another) Resale Value Competition — But Kelley Blue Book Awards Sort…
Less than 3 weeks ago, Michael Barnard conducted an analysis for CleanTechnica examining the resale value of the Tesla Model 3 compared to competitors. The conclusion was that the Model 3 was dramatically better at holding its value than other cars in its class.
Tesla Model S Resale Values = Best In Class
It’s always fun to talk about Elon Musk’s tweets and tokes, but when it comes to predicting Tesla’s long-term financial prospects, savvy observers understand that the two metrics that matter are the demand for the company’s products and the margin of profit it earns on each unit. So, if TSLA stock slips in response to an unguarded comment by the Iron Man, consider it a buying opportunity. If you see evidence that demand for Teslas is flagging, then you can start to worry.
Prices For New Tesla Model 3 & Other Popular EVs Lower Than Used Prices
Join an EV reservation queue quick! High used prices of the Tesla Model 3 prove there’s good money to be made from owning an EV, and horrendous money to be lost from owning a gas car.
Considering Depreciation — Tesla Model 3 vs. Used BMW i3 vs. Used Nissan LEAF
A new fully loaded Tesla Model 3, a new base Model 3, a used BMW i3, or a used Nissan LEAF — considering the possibilities and doing the calculations, things actually get more complicated. Read on and please do help me to speculate.
Will Tesla Model 3 Long Range Hold Value Better Than Tesla Model 3 Standard? (Depreciation…
A very interesting discussion relating to the eventual resale value differences between different Tesla Model 3 battery pack configurations was recently begun on the Model 3 Owners Club forum.
I hadn’t personally thought about the subject much at all before reading the discussion, but it makes for a worthwhile line of enquiry. Will early Model 3s with the larger battery pack retain their value notably better than the base level options will?
Depreciation & Electric Cars — Today, Tomorrow, & In 2020
Depreciation is an interesting creature, and especially so for the fast-changing auto market and newbie electric car market. In my recent article on 30 reasons your next car should be electric, the #1 suggestion for what I left out was depreciation. That could seem like an odd suggestion if you know … [continued]
