Detailed brand comparison of Kia Vs Toyota
Owning an electric vehicle (EV) comes with many benefits, including a reduced cost to maintain and lower cost to change vs. refueling a gas powered vehicle. Unfortunately, resale value is not one of those benefits, especially when compared to your traditional gas-powered vehicles.
Of course, that doesn’t mean that EVs may not eventually amass a comparable resale value to their gas-powered counterparts. For now, though, it’s important for car buyers and sellers alike to understand what factors into the resale value of these vehicles to help make better purchase decisions.
In this article, we’ll explain the EV vs gas resale value phenomenon so you can get a better understanding of the reasoning behind the EVs poor depreciation.
Keep reading to learn more.
Motobyo® Offers a Robust, Free Library of Pro Tips, How To Videos, and impartial Information for Used Car Sellers and Buyers
Make Motobyo Your “Car Guy” with Advice You Can Trust Philadelphia, Pennsylvania – September 13, 2023 – When everyday people have questions about buying or selling a car, they often look for advice from their “car guy” – a relative, a neighbor, a mechanic, or someone in their group of friends that they trust to […]