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GOBankingRates broke down three unique reasons Tesla cars depreciate. Also, if you’re looking for a car that will depreciate more slowly, check out new cars that will hold their value in 2025 .
If you're thinking about ditching gas for an EV, you've probably considered the biggest name in the industry and the brand that brought electric cars to the masses -- Tesla. Most automakers have...
Teslas are fast and responsive and once you get used to one-pedal driving, the convenience is a game-changer. Plus, the savings can’t be beat — and go well beyond skipping the fuel pump.
It incurred a $195 million charge because of the depreciation of its EVs, a hit made more acute by Tesla slashing its prices. Hertz said its vehicles had monthly depreciation costs of $592 per car ...
A KIA Rio 5 will depreciate 25.8% after five years, an average difference of $5,006 from MSRP, per iSeeCars, and has a five-year resale value of $14,345, according to CarEdge.
Depreciation is an inevitability, but certain cars hold their value for longer than others. Considering a new vehicle as an investment, the right purchase -- along with... 10 New Cars in 2024 That ...
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Not all cars depreciate at the same rate, however. The best resale value cars can keep up to 90% of their value over five years, but most cars fare nowhere near that well.