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Bolt EUV predicted to retain most value after 5 yrs

2403 Views 11 Replies 11 Participants Last post by  niroc
Article on Forbes aggregating projections from and predicts that the Bolt EUV will retain the highest percentage of its value among EVs after 5 yrs:
  • 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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I paid around Cdn$47K after the BC $5K rebate and before taxes for my 2017 Bolt Premiere. I see 2017 Premiere models selling locally on Craigslist for $37.5. If the actual sale price is $35K, then that's nearly 75% of the original value.

I suspect a lot of that is due to the supply chain issues, and to be honest I'm not really concerned about resale price anyway because my modus operandi is to keep my cars as long as possible and run them into the ground. But I'm still pretty impressed

So far my little blue Bolt is still driving like it was new - better in fact since I got my replacement battery. I'm looking forward to many more years to enjoyment from it.
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