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Electrifying the used car market

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It stands to reason that depreciation is a harsh fact of life for car owners, right? Not necessarily, says Sean O’Grady, when it comes to the plug-in variety

A further sign of public interest and acceptance of pure-electric cars is the upward trend in the prices used electric cars are commanding. This is of course in marked contrast to the usual pattern of used car prices for any given model of vehicle – invariably and inexorably downwards. It mirrors the long waiting lists and firm new car pricing for the latest generation of alternative propulsion vehicles such as the Hyundai Niro electric, and is reflective of a shortage across the scene.

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