THE USED electric vehicles that lose you the most money have been revealed.
Data collected from AA Cars found ten secondhand models have plummeted in value this year.
GettyData revealed the hardest ten electric vehicles to sell[/caption]
Demand for electric vehicles is continuing to fall and drivers could be out of pocket if they try to sell them.
Industry figures have revealed drivers seem to go back to fuel as only a 11.3 per cent of Brits searched up battery vehicles last year.
As the interest shrinks, drivers selling their old EVs could be at risk of losing their cash.
Average prices for all secondhand cars on dealership website AA Cars dropped by 3.9 per cent from £32,549 to £31,276 earlier this year.
AA Cars director Mark Oakley said: “Prices for used EVs on the AA Cars website are falling, which may entice more drivers to consider a secondhand electric vehicle for their next car.
“However, while the cost of used EVs remain high compared to their petrol and diesel counterparts, more support may be needed from the Government in the future to help cash-strapped consumers with their purchases.”
The worst electric car to sell is the Renault Zoe – which lost a whooping £2,104 on 2023.
Closely followed by the Nissan Leaf losing 10.8% in value, the Tesla Model 3 (10%), Hyundai Ioniq Electric (9%).
With the Toyota Auris Hybrid losing 7.5% from its asked price of £14,902 in fifth place.
Also in the top ten are Mitsubishi Outlander PHEV hybrid which saw a decrease of 7.1%, the BMW 330e (hybrid) with 6.9% less and the Toyota Prius hybrid (6.4%).
Other models like the Volkswagen e-Golf and the Hyundai Kona Electric were listed in last place as they only saw less than 6 per cent fall in value in the months of April and June.
As savvy drivers plant to save cash whenever they can, car experts recommend to always get their used vehicles inspected to avoid “unexpected costs”.
However, Mark Oakley claimed interest is remaining high in London and the ULEZ expansion is pushing drivers to transition to low-emission cars.
It comes as Londoners are now facing a £12.50 daily when driving non-compliant petrol and diesel vehicles to enter the boroughs.
Mr Oakley explained: “This could be down to cost of living pressures pushing people towards buying cheaper petrol and diesel vehicles.
“While the ULEZ expansion is likely playing a part in keeping London demand steady as drivers look to future-proof themselves, it is clear that more needs to be done to promote EVs in order to accelerate their take-up.”
1. Renault Zoe
GettyRenault Zoe is the biggest used EV price faller[/caption]
Average asking price: £16,150
Price Drop: 13%
2. Nissan Leaf
APNissan Leaf now sells for £15,559[/caption]
Average asking price: £17,441
Price Drop: 10.8%
3. Tesla Model 3
ReutersTesla Model 3 has fallen a 10%[/caption]
Average asking price: £35,478
Price Drop: 10%
4. Hyundai Ioniq Electric
GettyHyundai’s Ioniq is another electric car falling by 9%, according to AA Cars data[/caption]
Average asking price: £22,608
Price Drop: 9%
5. Toyota Auris Hybrid
HandoutNew Toyota Auris Hybrid is becoming more affordable selling for under £13,800[/caption]
Average asking price: £14,902
Price Drop: 7.5%
6. Mitsubishi Outlander PHEV Hybrid
AlamyMitsubishi Outlander PHEV is also coming down[/caption]
Average asking price: £18,466
Price Drop: 7.1%
7. BMW 330e Hybrid
AlamyBMW’s 330e is one of the better plug-in hybrid models but is now a 7% less in value[/caption]
Average asking price: £23,724
Price Drop: 6.9%
8. Toyota Prius Hybrid
GettyToyota Prius has dropped by around £1,200 this year[/caption]
Average asking price: £19,664
Price Drop: 6.4%
9. Volkswagen e-Golf
AlamyVolkswagen’s e-Golf’s prices are down 6% on AA Cars in the second quarter of 2023[/caption]
Average asking price: £23,077
Price Drop: 6%
10. Hyundai Kona Electric
APAA Cars says Hyundai Kona Electric is down 5.7% in the three-months of April to June[/caption]
Average asking price: £25,189
Price Drop: 5.7%