EV Resale Value Calculator

Estimate your EV's resale value based on purchase price, age, and odometer reading.

πŸ’΅ EV Resale Value

Results

Value Retention62%
Estimated Resale24,800
Depreciation15,200

πŸ’‘ EV Depreciation and Resale Value

EVs depreciate faster in the first 2–3 years than petrol cars (losing ~30–40%), but then stabilise. Battery technology advancement drives early depreciation β€” buyers want the latest range and features. By year 5, retention rates are similar to petrol equivalents.

Factors that improve resale: popular brand, larger battery (more range), low mileage, and good battery health. The used EV market is maturing rapidly with increasing demand.

A 40,000 EV after 3 years and 60,000 km: estimated retention = 62%, resale β‰ˆ 24,800, depreciation β‰ˆ 15,200.

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