Prices for used electric cars are dropping. Despite the fact recent research suggested electric vehicles will always cost less to ‘refuel’, Cap HPI director of valuations, Derren Martin, told industry mag AM that there’s been less interest and this is leading to a significant drop in the resale value of used electric cars.
Used EVs are reported to be dropping four times faster than their diesel counterparts. Martin said: “EVs aren’t moving off forecourts quickly. What…
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