Share to twitterThe Tesla Model 3 bucks the trend among electric cars by having an unusually strong resale value. Electric vehicles have, for the most part, suffered from below-average resale values because of a convergence of unfortunate factors. These include the federal one-time tax credit that effectively slashes an EV’s out-the-door price by as much as $7,500, along with relatively weak marketplace demand and the limited operating range of many EVs.
“We are currently seeing the Chevrolet Bolt hold its value at auction much better than other EVs with shorter range,” says Eric Ibara, KBB’s director of residual values. “We think range could be an important factor in determining an EV’s residual value.” You may notice, however, the Tesla Model S, traditionally with one of the highest resale values among EVs, is not represented here. The data teams at KBB are finalizing the latest model year information and it remains unavailable as of this writing.
Has anyone bothered to research how driving an Electric Car in a Cold Weather climate is affected? I've heard that the charge goes down significantly.
Energy Energy Latest News, Energy Energy Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Forbes - 🏆 394. / 53 Read more »