EV Resale Value

Date: Dec 12, 2023

2023 Aston Martin Valhalla  by the water

If you’re looking for a luxury electric vehicle, Holman Motorcars is here to make your introduction! While many drivers are ready to explore the eco-friendly and torque-heavy performance of a luxury EV, some have concerns about electric car resale value. The good news is luxury electric car resale value is just as solid as any other luxury car resale value. In this guide, we explore some of the most commonly asked questions about electric car resale value – like “Does range affect EV resale value?” and “What can increase my electric car resale value?”

Does Range Affect EV Resale Value?

First, does range affect EV resale value? Absolutely, range is one of the most important factors in electric car resale value. Experts have found, “The data shows that a vehicle with a range of 100 miles has a resale value of 67%, while a vehicle with a range of 250 miles has a resale value of 73%.” Since some drivers still have range anxiety, extended-range options have a lot of appeal. These models can handle everything from short commutes to long road trips with ease, and drivers don’t have to worry about shrinking battery capacity over time.

What Can Increase My Electric Car Resale Value?

What else can increase your electric car resale value over time? Just like any other vehicle in , your success can depend on a multitude of factors:

  • Condition: A car in great condition is always an easier sell than a vehicle that needs work, whether cosmetic or mechanical.
  • Brand: Luxury models will always fetch a premium over general economy cars, because they have a reputation for quality craftsmanship.
  • Popularity: The more popular the vehicle, the greater the demand – and the higher the price!

Explore the Latest EV Luxury Models at Holman Motorcars

So, we’ve covered questions like “Does range affect EV resale value?” and “What can increase my electric car resale value?” But, what else would you like to know about electric car resale value? Just contact us at Holman Motorcars and we’d be happy to help. You can also stop by Fort Lauderdale to see our luxury lineup in person, and get behind the wheel of your next car!

Dealership Info

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