Wednesday, June 19, 2024

Used electric cars plummet again in price, survey shows

Back in April, it emerged that used electric cars have never been cheaper. However, the bottom level has not been reached because the cars continue to fall in price.

If there is one thing that is certain in the world of cars, it is that you can and must expect a loss of value. For the electric cars, however, it looks extra bad.

Back in April, German Auto Bild wrote that used electric cars have never been worth less. But that doesn't mean the bottom has been reached.

Because the same used cars only continue to rattle down in price. And now we are where, for the first time, used electric cars are 'worth as little' as used petrol and diesel cars.

This is shown by an analysis from Deutsche Automobil Treuhand.

READ ALSO: Ford recalls 5,000 cars with fatal factory defect

Another settlement shows that electric cars generally lose an awful lot in value. Also significantly more than the 30 percent that you initially have to expect to wave goodbye to when you buy a brand new car. Read more about it here.

According to the German analysis, three-year-old electric cars lost an average of 18 percent of their value between April 2023 and April 2024. In comparison, petrol and diesel cars lost 6 percent.

The difference, says DAT, is due to, among other things, the enormous uncertainty among car buyers at the moment. An uncertainty that is only helped along by the car brands, which are busy undoing their goals for electric cars. Read more about it here.

On the other hand, the argument that electric cars are more expensive than cars with a combustion engine no longer applies. At least not when it comes to used cars.

However, it is also connected to a market where interest in electric cars has just now found reverse gear. In Germany alone, just 44,000 used electric cars that were on sale in the first 4 months of 2024 changed hands. This corresponds to a market share of 2 percent.

And although the DAT report shows that 30 percent of drivers at least consider whether to keep a brand new electric car in the garage, only 13 percent of drivers actually consider buying an electric car on the used market.

45 percent of motorists basically rule out used electric cars. Among other things, because they believe that the technology in electric cars is still associated with too much uncertainty.

Read more exciting news from and about the world of cars right here!


Don't miss

New Saleen gets V6 engine that burns hydrogen

Details are small. That is, until now. But already...

New figures: So many cyclists are dangerous for everyone else

There are many serious accidents involving cyclists at traffic...

BYD promises the electric car that can be charged in 10 minutes already this year

Chinese BYD already promises to be ready this year...

That's how little Volkswagen earned per new car in 2023

A profit of 134 billion Danish kroner sounds impressive....

Nobody wants the cars – now Ford is laying off 1,600 people

Ford's sales are failing to such an extent that...
Boosted Magazine
Boosted Magazine
Boosted in Denmark has over a million unique users, surpassing two million sessions, and accumulating over seven million page views each month, and our platforms has become a hub for automotive enthusiasts. Now you can enjoy our content in English too! Enjoy our free car news - every day. Want to talk to us? Write an email to

Now Fisker in Denmark has also sought bankruptcy protection

The problems for Fisker Inc. is growing. Now the company announces that all subsidiaries are also seeking bankruptcy protection in the USA. Fisker is...

19-year-old crazy driver arrested for smashing 8 cars

On the night of Wednesday, a 19-year-old man tried to run away from the police. Along the way, he became a crazy driver and...

Ferrari's first electric car could cost DKK 3.7 million. DKK without tax

Ferrari's first electric car will be - as is the case for all the other cars in the model program - only for the...

Denmark is among the only countries that want to get rid of fossil cars

The analysis firm BloombergNEF believes that Denmark and the other Nordic countries are among the only countries to sign off on CO2 emissions from...

How cars inspire the themes of online slots

Cars have long been a source of inspiration for many aspects of life, including online slot machines. Go to and find casinos that...

World-renowned investor sells out of BYD to buy oil

The world-renowned investor Warren Buffett, via his investment company, has reduced his stake in BYD in order to release funds for investments in an...

The new BMW X3 is only available with a petrol or diesel engine

The next bottling of the BMW X3 is only available with a combustion engine. On the other hand, there are four- and six-cylinder engines...

Tesla owner exposed by ex-wife – must pay DKK 700,000.

A man shorted wrongly in his Tesla, shorting the autopilot. Now the ex-wife's recordings reveal that he was sitting in the front passenger seat....

Ford admits loss of billions on popular car in Denmark

There was a time when you almost couldn't kick your way through traffic for sedans from Ford. But it was bad business, the brand...

Youtuber says he is accused of 'killing' Fisker

Millions follow when Marques Brownlee says something on Youtube. Now he himself believes that people blame him for Fisker's downfall, which has ended in...

Fisker revoked all car days bankruptcy protection

In a final attempt to save the business, Fisker has sought bankruptcy protection in the United States. The day before, all cars were recalled....

Interest in petrol cars has already peaked, says BMW

Good thing BMW refuses to put a date on the phasing out of the internal combustion engine. But fewer will pursue it, says director...
footer.txt Viser footer.txt.