Why The UK's Used EV Market is CRASHING!

If you ever do a search based on wanting a cheap, fast car you might
have been surprised to see near new Teslas, Porsche Taycans and Audi
Etrons filling up the results, at astonishingly low prices.

But why are second hand / used Electric Vehicles losing so much value
compared to other cars?
Let's find out.

Obviously, not all EVs are crashing in value as much as others,
however in the case of the Mercedes EQC, or the Jaguar I Pace,
you could end up losing tens of thousands per year in depreciation alone!

From supply and demand imbalances to the cost of living taking a toll,
there are a number of reasons behind why I personally believe
Used EV values are declining so rapidly.

Don't forget to subscribe if you like cars,
and check out our other videos for more:

#electriccar #tesla #ev