Electric cars like Volt, Leaf hold resale value

Potential resale value has been a question raised about electric cars, and the answer, according to two recent used-car pricing estimates, is that two best-selling electrics may lag behind similar conventional vehicles — but not by much.

An all-electric 2012 Nissan Leaf (the 2013 is not on sale yet) is expected to be worth 20% of its new-car list price after five years of ownership, compared with a used price in the low 30% range for a similar conventional Nissan Sentra compact sedan, according to price-tracker Kelley Blue Book.

And an extended-range electric 2013 Chevrolet Volt is forecast to be worth 30% of its sticker price at the end of five years, not far from the similar, conventional 2013 Chevrolet Cruze compact sedan at 38%, KBB says.

Another pricing service, ALG, pegs the resale value a percentage point higher each for the Leaf and Volt. The average resale value of a 2013 compact car over the same five-year period is 36.6% of list, ALG says.

Click here to read the story.

Like this content? Join our growing community.

Your support helps to strengthen independent journalism, which is critically needed to guide business and policy development for positive impact. Unlock unlimited access to our content and members-only perks.

Terpopuler

Acara Unggulan

Publish your event
leaf background pattern

Transformasi Inovasi untuk Keberlanjutan Gabung dengan Ekosistem →