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Why EVs Depreciate Faster Than Gas Cars
CNBCยท 2025-10-17 16:01
The old saying goes, A car loses value as soon as you drive it off the lot. It's true. And it can be a big hit, almost half its value in the first five years.Buying a new car is a terrible investment. But EVs take an especially large hit, and the losses some suffer are astonishing. Evs have lower operating costs than gas cars, especially if you charge them at home.Less maintenance and no fuel costs. But owners may be shocked at how little they get when they try to sell it. Many analysts worry that poor resa ...