EVs now feature ranges exceeding 450 miles per single charge, yet depreciation continues to rise, with certain EVs being sold for under 70% of their initial MSRP. This is unfortunate for those who purchased an EV when it was brand new, but it presents a fantastic opportunity for those seeking an older, pre-owned variant.
To create this list of the fastest-depreciating EVs, we analyzed the original MSRPs of key models that were introduced or refreshed in 2020, comparing them to their current value on the used-car market, as of the date of this writing. Remember that used car prices are subject to constant fluctuations, so vehicle valuations may vary. We have provided all the specifics regarding our selection methodology at the conclusion of the article to clarify how we derived the data to rank these EVs.