The car market is moving into a scenario in which the remaining combustion-engine models are becoming much more valuable secondhand than their electric equivalents. However, as EV values slide for the 21nd consecutive month, a two-tier scenario is emerging in which newer, higher-tech electric cars are hanging on to their value better than earlier models.
Ford for example said that the pricing experts such as CAP have ascribed high residual values to its new Explorer compact EV, which is rated to travel 374 miles on a charge in the model with the biggest battery . At the moment however, electric car values are worse than their combustion engine counterparts.
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