depreciate

Taking the top spot on the list is the Kia Soul which lost 49% of its value in 2022

Top 10 EVs that depreciate the fastest revealed

Thanks to the long factory lead times for new cars taking up to one year for some models, the used car market is currently experiencing a boost. The latest figures from the Society of Motor Manufacturers and Traders (SMMT) revealed that the UK used car market grows 5.1% in Q1 2022 with 1,774,351 cars changing hands.

But how do electric vehicles stack up when it comes to retaining...