The logo marks the showroom and service center for the US automotive and energy company Tesla in Amsterdam on October 23, 2019
Tesla
  • EVs depreciate faster than any other category of cars.
  • The Tesla Model 3 holds its value better than any other EV in the study.
  • Hefty discounts and government incentives are causing EVs to depreciate more quickly. 

Electric vehicles aren't holding their value like other cars.

A recent study of 5-year depreciation rates by iSeeCars found that the small group of EVs that have been on the market for at least five years have the worst depreciation across all major vehicle types.