TRUE DEPRECIATION OF ELECTRIC CARS

EV Channels Review

This video tackles the often-misunderstood topic of electric vehicle depreciation, using the presenter's own Nissan Leaf as a case study. The core argument debunks sensationalist media claims by focusing on actual purchase price rather than inflated list prices. The presenter demonstrates a personal depreciation of 17.2% over two years (£1,350 per year), which is presented as exceptionally low for any car. Even when considering the average market price at the time of purchase, the depreciation remains competitive at 23.5% over two years. The review highlights that used EV prices, particularly for models like the Leaf, are currently strong due to high demand and low supply, exacerbated by long waiting times for new EVs. The presenter also addresses and dismisses the myth of mandatory battery replacement, citing manufacturer warranties and real-world examples of long-lasting batteries. The video concludes that EVs, in general, are not depreciating faster than their ICE counterparts and, in many cases, are depreciating less.