I've been tracking used prices for a few months while shopping, and the gap is getting hard to ignore. Three-year-old EVs are down roughly 20-25% year on year in the listings I follow, while comparable petrol models are basically flat. Lease residuals are being revised too, which shows up in monthly payments.
Is this just the price cuts on new cars filtering through, or something structural about battery confidence and tech obsolescence? I keep hearing the market will settle once volumes normalise, but nobody can say when.
Anyone got dealer or auction data from their own market? Curious whether other regions look the same.
Is this just the price cuts on new cars filtering through, or something structural about battery confidence and tech obsolescence? I keep hearing the market will settle once volumes normalise, but nobody can say when.
Anyone got dealer or auction data from their own market? Curious whether other regions look the same.