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Used luxury EVs depreciate faster than petrol and diesel rivals, fleets warned

Valuation specialist Brego finds used luxury electric cars from Mercedes-Benz, Porsche, Volvo and Genesis retain less value than their combustion-engine equivalents, with the gap widening over time and prompting calls for fleets to reconsider choice lists.

Fleets warned used luxury EVs lag ICE cars by up to 6.4% on resale
Used luxury EVs depreciate faster than petrol and diesel rivals, fleets warned
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Valuation specialist Brego finds used luxury electric cars from Mercedes-Benz, Porsche, Volvo and Genesis retain less value than their combustion-engine equivalents, with the gap widening over time and prompting calls for fleets to reconsider choice lists.