Yes, lots of EVs and all depreciate far faster than other cars....

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    Yes, lots of EVs and all depreciate far faster than other cars. Only a sucker who wants to lose money would be foolish enough to buy an EV.

    "The study found that electric cars depreciate by an average of 58.8 percent over five years. That's 13.2 percent higher than the industry-wide average of 45.6 percent and much higher than hybrid vehicles, which only depreciated by 40.7 percent. Electric cars were nearly 10 percent higher than the next highest depreciating segment, SUVs, at 48.9 percent."

    You'd be better buying a Porsche ICE vehicle where the price has gone up 20%. I note that Porsche is now heading back to ICE vehicles as demand is higher and more exclusive than some cheap crap EV built in China.

    "Compared to other brands, Porsches retain their value for longer. Strong demand and historical reliability mean Porsches depreciate slowly and typically have high resale values. Also, Porsche is the top luxury car brand in terms of resale value by many used car dealers. "
 
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