2024-02-12 14:51:28
When buying a new car, there are many factors to consider besides aesthetics and price. Quality, brand, maintenance costs and what the value will be in a few years are the other key elements when choosing a car.
A GANVAM study shows that electric vehicles lose value faster than those with internal combustion engines. Three years after registration, the price of electric cars falls on average by as much as 47.1% from the initial value.
The high initial cost and rapid development of technology further reduce the value of electric cars. Traditional vehicles with gasoline or diesel engines have depreciation rates of about 33 and 29 percent. These engines are already permanently established and undergo minimal changes over time, unlike electric cars, which are still improving their technology, including longer battery life and optimized charging processes. However, this rapid progress also means that today’s models are quickly becoming obsolete.
There is no indication that this trend of technological instability will stop anytime soon. Manufacturers are working on new technologies that will bring more advanced cars with greater autonomy and lower costs.
In the depreciation analysis, the high initial cost has a negative impact.