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Electric vehicle residual values move closer to diesel

Rupert Pontin Head of Valuations 19806
Rupert Pontin:

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17 March 2015

Rupert Pontin Head of Valuations

RVs of the Leaf are among the poorest of the EVs at around 29% at thee years 60,000 miles because there are a number around. However, removing the mystery surrounding the battery pack pricing took away a large degree of uncertainty from forecasting its RVs. While 5000 euros is expensive, it is something that can be planned into a budget when you are making an RV forecast.

Rupert concluded that it was likely that EV RVs would continue to close the gap on diesels as used car retailers and buyers became more familiar with the technology. Critically, the battery power improving will mean a better real world driving range.

 

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