The value of EVs in the U.S. fell by nearly 30%, 10 times the rate of ICE vehicles’ depreciation.
Posts tagged as “depreciation”
The sharp increase from 2022 when the average yearly cost was only $10,728, or $894 monthly, is likely due to three factors.
The average five-year-old car depreciated by only an average of 33.3 percent from the manufacturer suggested retail price.
