{"id":256183,"date":"2023-05-06T12:54:22","date_gmt":"2023-05-06T10:54:22","guid":{"rendered":"https:\/\/climatescience.press\/?p=256183"},"modified":"2023-05-06T12:54:31","modified_gmt":"2023-05-06T10:54:31","slug":"electric-cars-losing-value-twice-as-fast-as-petrol-vehicles-drivers-may-lose-25000","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=256183","title":{"rendered":"Electric cars losing value twice as fast as petrol vehicles \u2013 drivers may lose \u00a325,000"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

<\/p>\n\n\n\n

From NOT A LOT OF PEOPLE KNOW THAT<\/a><\/p>\n\n\n\n

By Paul Homewood<\/p>\n\n\n\n

From the Express:<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

<\/p>\n\n\n\n

The value of some of the most popular electric cars is depreciating at twice the rate of petrol cars, a new study has found.<\/strong><\/em><\/p>\n\n\n\n


When someone buys a new car, the value will naturally decrease over time given the wear and tear of the vehicle, as well as the mileage and age. But, for some electric car owners, they could be seeing the value of their car depreciate at twice the rate of petrol cars.<\/em><\/p>\n\n\n\n


According to a new study, EVs on average will lose 51 percent of their purchase value from 2020 to 2023, compared to just 37 percent for petrol vehicles.<\/em><\/p>\n\n\n\n


This equates to a massive \u00a315,220 loss for electric car owners, with petrol drivers seeing a decrease of \u00a39,901.<\/em><\/p>\n\n\n\n


The data, from ChooseMyCar.com, used a comparison of new car prices three years ago compared to their value now.<\/em><\/p>\n\n\n\n


The higher the original purchase price of the car, the bigger the loss, with the Tesla Model S losing \u00a325,000 in value in just three years \u2013 a 46 percent drop.<\/em><\/p>\n\n\n\n


However, entry-level EVs like the Nissan Leaf are also losing a massive amount of value in such a short space of time.<\/em><\/p>\n\n\n\n


The Leaf\u2019s value dropped by \u00a313,000 \u2013 or 58 percent \u2013 despite it being one of the most popular small EVs on the market.<\/em><\/p>\n\n\n\n

<\/p>\n\n\n\n

https:\/\/www.express.co.uk\/life-style\/cars\/1765530\/electric-cars-petrol-value<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The value of some of the most popular electric cars is depreciating at twice the rate of petrol cars, a new study has found.<\/p>\n","protected":false},"author":121246920,"featured_media":256187,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[691818081,691818558,691819351,691819350],"class_list":["post-256183","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-electric-cars","tag-evs","tag-losing-value","tag-petrol-cars","fallback-thumbnail"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/05\/00electric-cars-75996151.jpg?fit=1200%2C800&ssl=1","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/paxLW1-14DZ","jetpack-related-posts":[{"id":297164,"url":"https:\/\/climatescience.press\/?p=297164","url_meta":{"origin":256183,"position":0},"title":"Electric cars suffer \u2018unsustainable\u2019 depreciation in secondhand market","author":"uwe.roland.gross","date":"01\/19\/2024","format":false,"excerpt":"Electric cars\u00a0lose as much as half of their value after just three years on the road, new figures show, as the rate of depreciation far outstrips petrol equivalents.","rel":"","context":"In \"electric vehicles (EVs)\"","block_context":{"text":"electric vehicles (EVs)","link":"https:\/\/climatescience.press\/?tag=electric-vehicles-evs"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/01\/image-331.png?fit=1024%2C1024&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/01\/image-331.png?fit=1024%2C1024&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/01\/image-331.png?fit=1024%2C1024&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/01\/image-331.png?fit=1024%2C1024&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":380945,"url":"https:\/\/climatescience.press\/?p=380945","url_meta":{"origin":256183,"position":1},"title":"Electric cars halve in value after just two\u00a0years","author":"uwe.roland.gross","date":"05\/30\/2025","format":false,"excerpt":"Second hand EV prices are going through the floor, as nobody wants to buy them.","rel":"","context":"In \"2-year-old cars\"","block_context":{"text":"2-year-old cars","link":"https:\/\/climatescience.press\/?tag=2-year-old-cars-2"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/05\/OIG-15.jpeg?fit=1024%2C1024&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/05\/OIG-15.jpeg?fit=1024%2C1024&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/05\/OIG-15.jpeg?fit=1024%2C1024&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/05\/OIG-15.jpeg?fit=1024%2C1024&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":329831,"url":"https:\/\/climatescience.press\/?p=329831","url_meta":{"origin":256183,"position":2},"title":"Electric cars \u2018hit pedestrians at twice the rate of petrol or diesel vehicles\u2019","author":"uwe.roland.gross","date":"05\/24\/2024","format":false,"excerpt":"Study finds the vehicles\u2019 quieter engines are a significant factor in higher fatality rates.","rel":"","context":"In \"electric vehicles (EVs)\"","block_context":{"text":"electric vehicles (EVs)","link":"https:\/\/climatescience.press\/?tag=electric-vehicles-evs"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/05\/0-Electric-cars-charging.webp?fit=1200%2C800&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/05\/0-Electric-cars-charging.webp?fit=1200%2C800&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/05\/0-Electric-cars-charging.webp?fit=1200%2C800&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/05\/0-Electric-cars-charging.webp?fit=1200%2C800&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/05\/0-Electric-cars-charging.webp?fit=1200%2C800&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":264460,"url":"https:\/\/climatescience.press\/?p=264460","url_meta":{"origin":256183,"position":3},"title":"Pothole damage from electric cars is double that of petrol, Telegraph data\u00a0show","author":"uwe.roland.gross","date":"06\/29\/2023","format":false,"excerpt":"Britain\u2019s residential roads are not designed to cope with large numbers of such heavy vehicles. But they\u2019re coming anyway.","rel":"","context":"In \"Daily Telegraph\"","block_context":{"text":"Daily Telegraph","link":"https:\/\/climatescience.press\/?tag=daily-telegraph"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/06\/0shutterstock_732827443.webp?fit=1200%2C750&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/06\/0shutterstock_732827443.webp?fit=1200%2C750&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/06\/0shutterstock_732827443.webp?fit=1200%2C750&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/06\/0shutterstock_732827443.webp?fit=1200%2C750&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/06\/0shutterstock_732827443.webp?fit=1200%2C750&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":298439,"url":"https:\/\/climatescience.press\/?p=298439","url_meta":{"origin":256183,"position":4},"title":"Electric cars cost twice as much to insure as petrol and diesel vehicles","author":"uwe.roland.gross","date":"01\/25\/2024","format":false,"excerpt":"Higher prices blamed on frequent insurance claims and complex technology","rel":"","context":"In \"electric vehicles (EVs)\"","block_context":{"text":"electric vehicles (EVs)","link":"https:\/\/climatescience.press\/?tag=electric-vehicles-evs"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/01\/OIG-90.jpeg?fit=1024%2C1024&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/01\/OIG-90.jpeg?fit=1024%2C1024&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/01\/OIG-90.jpeg?fit=1024%2C1024&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/01\/OIG-90.jpeg?fit=1024%2C1024&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":330046,"url":"https:\/\/climatescience.press\/?p=330046","url_meta":{"origin":256183,"position":5},"title":"EVs twice as likely to kill pedestrians (and who knows how many cats, dogs, ducks and wombats?)","author":"uwe.roland.gross","date":"05\/25\/2024","format":false,"excerpt":"A new study shows electric cars are twice as likely to hit pedestrians compared to petrol and diesel cars. Presumably this is because EVs are so quiet. Though it\u2019s also possible the dash interfaces are hideous, and some menu options are more deadly and distracting than others. Or perhaps EV\u2026","rel":"","context":"In \"electric vehicles (EVs)\"","block_context":{"text":"electric vehicles (EVs)","link":"https:\/\/climatescience.press\/?tag=electric-vehicles-evs"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/05\/0Look-left-and-right-twice-before-crossing-the-road.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/05\/0Look-left-and-right-twice-before-crossing-the-road.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/05\/0Look-left-and-right-twice-before-crossing-the-road.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/05\/0Look-left-and-right-twice-before-crossing-the-road.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/05\/0Look-left-and-right-twice-before-crossing-the-road.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/posts\/256183","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/users\/121246920"}],"replies":[{"embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=256183"}],"version-history":[{"count":4,"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/posts\/256183\/revisions"}],"predecessor-version":[{"id":256189,"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/posts\/256183\/revisions\/256189"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/media\/256187"}],"wp:attachment":[{"href":"https:\/\/climatescience.press\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=256183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=256183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=256183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}