EV dream turns to nightmare as Americans face a very nasty shock when selling their electric cars

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EV dream turns to nightmare as Americans face a very nasty shock when selling their electric cars

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The old saying holds true for nearly all car owners: a brand-new vehicle loses thousands in value the moment it leaves the dealership lot. But most drivers don't expect to see 60 percent of their car's value vanish in just three years — yet that's exactly what's happening with luxury electric vehicles, according to a DailyMail.com analysis. A review of hundreds of used car listings on CarGurus and AutoTrader reveals that EVs are depreciating far faster than their gas-powered counterparts.
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