#vehicle-depreciation
#vehicle-depreciation

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Electric cars: could leasing a used EV help you afford one?

Rapid growth in used electric vehicles on UK roads is creating cheaper leasing opportunities as fleets and leasing firms offload depreciating EVs.

from24/7 Wall St.

1 month ago

Used EVs Are Ruining Tesla

For Tesla Inc. ( NASDAQ: TSLA) and other popular electric vehicle (EV) makers, the primary competition is not with one another. It is the used versions of their own cars. One analysis showed that a Ford Mustang Mach-E, which sold for $55,000 new, sold for only $33,000 when it reached its first birthday. It had less than 10,000 miles on its odometer and not a single scratch.

Business

from24/7 Wall St.

2 months ago

Should I Trade In My $67,000 Jeep Wrangler for a $15,000 Infiniti and Eliminate Payments?

Everyone knows (or hopefully knows) that as soon as you buy a car and drive it off the lot, you've already lost a certain value of the vehicle. It's a frustrating but true reality of vehicle ownership, and it doesn't matter how much the car is or what brand it is. Once you drive it away, its value decreases. For this Redditor, purchasing a $67,000 Jeep Wrangler proved to be a financial disaster.

Cars

fromInsideEVs

2 months ago

EVs Cost Way More To Insure Than Gas Cars. Here's How Much.

Electric vehicles cost about 49% more to insure than gas cars, driven by higher repair, replacement, and longer mechanical labor requirements.

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#vehicle-depreciation#vehicle-depreciation

Electric cars: could leasing a used EV help you afford one?

Used EVs Are Ruining Tesla

Should I Trade In My $67,000 Jeep Wrangler for a $15,000 Infiniti and Eliminate Payments?

EVs Cost Way More To Insure Than Gas Cars. Here's How Much.

#vehicle-depreciation
#vehicle-depreciation