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Bolt EUV predicted to retain most value after 5 yrs

2400 Views 11 Replies 11 Participants Last post by niroc, 7 mo ago

MichBolt

Discussion Starter · 8 mo ago

Article on Forbes aggregating projections from Edmunds.com and KBB.com predicts that the Bolt EUV will retain the highest percentage of its value among EVs after 5 yrs:

By The Numbers: Comparing Electric-Car Resale Values

Estimating a given vehicle’s future worth is always an educated crap shoot, but market forces are making it a bigger guessing game than ever.

www.forbes.com

Average new vehicle retains 40% of value after 5 yrs
Chevy Bolt EUV: 66%
Chevy Bolt EV: 55%
Ford Mustang Mach-E: 52%
Audi E-Tron: 47%
Tesla Model S: 46%
Tesla Model X: 45%
Tesla Model 3: 44%
Porsche Taycan: 43%
MINI Cooper SE: 42%
Nissan Leaf: 41%
Volvo XC40 Recharge: 39%
Tesla Model Y: 35%
Hyundai Kona Electric: 27%
Kia Niro EV: 22%

I don't know how Edmunds or KBB came up with their projections, but the availability, class, and MSRP of these vehicles vary dramatically. So a Bolt EUV that holds 66% of its value would go from $34k to $22.4k, while a Porsche Taycan that holds 43% of its value would go from $84k to $36k.

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Goose

· #8 · 7 mo ago

After ordering my 3rd EV, a family member started inquiring about me handing down my 2018 Bolt.
My wife said to just give it away and help out. She said we don’t need 3 EVs.
The values of my cars are non existent. People in my family just takes them off my hands when I get a newer one.

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By The Numbers: Comparing Electric-Car Resale Values

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