Should You Buy Your Tesla Or Any Other EV Used? - TheStreet.com

That doesn't mean you'll want to. According to Kelley Blue Book's July market report, electric vehicles were the only used vehicle segment to see an increase in sales value from a month prior. According to KBB's findings, a 2012 MiEV's value dropped to 45. 4% of its sales price after a year off the lot, fell to 31. 2% of that price a year later and hit just 20. 2% of its initial value this year. The 2012 Nissan LEAF didn't fare all that better, watching its value drop to 44. 4% of its asking price in year one, 37. 5% a year later and just 19. 7% this year. However, though the Volt is in line for a new battery of its own, battery and range improvements in more recent EVs -- including a 2016 Nissan Leaf with a range of 100 miles, compared to just 84 for the model year prior or 73 for the 2012 -- have... “Part of the reasons electric vehicles have such high lease penetration is that consumers are worried about range increasing too quickly, thus rendering their EVs ‘obsolete’ in a way,” says Akshay Anand, another analyst at Kelley Blue Book. “For example, if I buy an EV with 50-mile range now, will a standard EV in a few years have 100 miles. Source: www.thestreet.com