E-mobility: Fuel prices make used electric cars more expensive
Because petrol and diesel have become so expensive, when buying used cars people are opting for electric vehicles. This is also reflected in the prices.
Used electric cars are becoming more attractive and expensive due to high fuel prices. According to data from market observer DAT, the residual values of three-year-old electric cars rose by 1.4 percentage points from May to August, while those of petrol cars fell by 0.4 percentage points and diesel cars by 1.1 percentage points.
The residual value of electric cars is still lower than that of combustion engine cars, at 51.5% of the original list price, compared to 59.4% for petrol cars and 58% for diesel cars. Electric cars are selling faster, with a stand time of 74 days, compared to 84 days for petrol cars and 92 days for diesel cars. They made up 5.3% of used car sales in August, up from 3.9% a year ago.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
