This is an interesting data point for those of us concerned about the rapid depreciation of EV's. Inside EV's had just released a piece reporting on 3-yr depreciation (2017-2020) of EV's in the UK. Pertinent data points:
VW e-Golf 25%
Tesla's 26% to 35%
BMW i3 41.5%
Leaf 50%
The data for the bottom 3 are pretty consistent with what has been seen in the US for those models. I think there have been too few e-Golf's to have meaningful data for the US
This is potentially good news for purchasers of the ID.4, as it seems in the UK there has been a halo effect from VW. The I3 did not benefit from this halo because the I3 was grossly overpriced from the beginning, as reflected in the high residuals BMW laid on for I3 leases and it's short range. The Leaf suffered from the short range of 2017 models and the passive-cooled battery problems.
Take heart--purchase of an ID.4 may turn out to be a smart financial decision, as contrasted to earlier opinions I have expressed.
VW e-Golf 25%
Tesla's 26% to 35%
BMW i3 41.5%
Leaf 50%
The data for the bottom 3 are pretty consistent with what has been seen in the US for those models. I think there have been too few e-Golf's to have meaningful data for the US
This is potentially good news for purchasers of the ID.4, as it seems in the UK there has been a halo effect from VW. The I3 did not benefit from this halo because the I3 was grossly overpriced from the beginning, as reflected in the high residuals BMW laid on for I3 leases and it's short range. The Leaf suffered from the short range of 2017 models and the passive-cooled battery problems.
Take heart--purchase of an ID.4 may turn out to be a smart financial decision, as contrasted to earlier opinions I have expressed.