Electric vehicle resale values see high depreciation in Europe

electric vehicles used car market depreciation resale value automotive industry

A study by Leboncoin Auto reveals that used electric vehicles (EVs) in France face an average depreciation of 59% over five years. The impact varies significantly by model: the Renault Zoé shows a 65% drop in value, while the Dacia Spring experiences a lower depreciation of approximately 53%. Other notable models include the Tesla Model 3 at -56% and the Peugeot e-208 at roughly -60%.

In Greece, while the used EV market is still developing, trends in European markets suggest a similar downward pressure on prices compared to internal combustion engine vehicles.

To support the market, a new financial aid program in France has entered into effect. Funded by energy suppliers through energy savings certificates (CEE), this subsidy applies to the purchase or long-term lease of used 100% electric vehicles from professionals. The aid is available regardless of income, provided the vehicle's battery retains at least 80% capacity. Home care professionals may qualify for enhanced subsidies of up to approximately 2,000 euros for specific electric models.

Entities

Dacia · Leboncoin Auto · Mobilee · Peugeot · Renault · Tesla

Claims

What the coverage asserts, and how many sources carry each claim.

[○ 1 SOURCE] Used electric vehicles saw an average depreciation of 59% over five years. larevuetech.fr
[● 2 SOURCES] New energy certificate (CEE) subsidies for used electric vehicles entered into force on Tuesday. www.ledauphine.com · www.leprogres.fr
[● 2 SOURCES] The new CEE mobility aid is expected to be approximately 337 euros. www.ledauphine.com · www.leprogres.fr
[● 2 SOURCES] Home care professionals can receive an increased CEE aid of up to approximately 2,000 euros. www.ledauphine.com · www.leprogres.fr
[● 2 SOURCES] Eligible vehicles must be 100% electric with a battery capacity of at least 80%. www.ledauphine.com · www.leprogres.fr
[○ 1 SOURCE] The Renault Zoé experienced a depreciation of approximately 65% over five years. larevuetech.fr
[○ 1 SOURCE] The Dacia Spring experienced a depreciation of approximately 53% over five years. larevuetech.fr
[● 2 SOURCES] To qualify for the increased professional aid, vehicles must cost less than 25,000 euros and weigh under 1,800 kg. www.ledauphine.com · www.leprogres.fr