Volkswagen e-Golf ranked EV with lowest depreciation

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</span><p>Volkswagen's e-Golf is the electric vehicle (EV) which holds its value the most, according to research by CompareTheMarket.</p><span>
</span><p>The research reveals how much electric and hybrid cars deprecate in value by comparing ‘new’ prices for the most common plug-in and hybrid vehicles to their used&nbsp;prices to reveal the vehicles which hold their value the most.</p><span>
</span><p>The <a href="https://www.am-online.com/roadtests/car-reviews/volkswagen-e-golf-is-well-placed-to-fend-off-rivals" target="_blank">VW electric version of the Golf</a> was ranked the top EV with the lowest depreciation of £7,778 (25.1%), with used models selling for an average price of £23,248 – three quarters of its new price three years ago.</p><span>
</span><p>This follows by the two Tesla models, the <a href="https://www.am-online.com/news/manufacturer/2019/03/11/model-s-and-model-x-price-rises-to-temper-tesla-store-closure-plans" target="_blank">Model S</a> 75 (26.7% depreciation) and <a href="https://www.am-online.com/news/new-car-news/car-model-news/2019/12/04/porsche-taycan-and-tesla-model-x-achieve-top-safety-ratings" target="_blank">Model X</a> 75D (27.5%)</p><span>
</span><p>As Teslas are among the most expensive EVs and benefit from regular software updates, it could help the models retain their value, CompareTheMarket said.&nbsp;</p><span>
</span><p><img alt="" class="img-responsive" height="555" data-cfsrc="https://cdn.am-online.com/media/1/root/ev-resales-comparethemarket_w555_h555.jpg" width="455"><noscript><img alt="" class="img-responsive" height="555" src="https://cdn.am-online.com/media/1/root/ev-resales-comparethemarket_w555_h555.jpg" width="455" /></noscript>According to the research, the models that were 'the worst' at holding their values were the <a href="https://www.am-online.com/news/manufacturer/2019/08/08/hyundai-announces-revised-ioniq-range-with-longer-range-ev" target="_blank">Hyundai Ioniq Premium SE</a>, which has a depreciation of £13,682 (46.7%), <a href="https://www.am-online.com/news/new-car-news/car-model-news/2016/11/01/gallery-renault-reveals-250-mile-zoe-ev-line-up" target="_blank">Renault Zoe Signature Nav</a>, which has a depreciation of £11,674 (46.8%) and the <a href="https://www.am-online.com/news/new-car-news/car-model-news/2018/03/21/renault-reveals-updated-zoe-r110-with-pcp-deals-from-258-per-month" target="_blank">Renault Zoe Dynamique Nav</a>&nbsp;which depreciates by £10,633 (46.9%).</p><span>
</span><p>In terms of hybrids, the Porsche Panamera E-Hybrid was found to have 'the best' resale value over the last three years, with depreciation of 21%.</p><span>
</span><p>This is followed by Mini’s hybrid offering, the <a href="https://www.am-online.com/news/new-car-news/car-model-news/2017/03/03/mini-reveals-pricing-of-plug-in-countryman" target="_blank">Countryman Cooper SE</a> (31.5%) and another version of the VW Golf, the <a href="https://www.am-online.com/news/new-car-news/car-model-news/2017/04/03/order-books-open-for-updated-volkswagen-golf-gte-hybrid" target="_blank">GTE Advance</a> (36.3%).</p><span>
</span><p>The hybrids found to have the highest depreciation were the Kia Optima, which depreciates by £18,708 (53.2%), the Mercedes-Benz E350e (53.1%), Mercedes-Benz C5350e (51.5%), BMW 225xe Active Tourer (50.1%) and the Audi A3 e-tron (49.4%).</p><span>
</span><p><img alt="" class="img-responsive" height="555" data-cfsrc="https://cdn.am-online.com/media/1/root/hybrid-resales-comparethemarket_w555_h555.jpg" width="455"><noscript><img alt="" class="img-responsive" height="555" src="https://cdn.am-online.com/media/1/root/hybrid-resales-comparethemarket_w555_h555.jpg" width="455" /></noscript>CompareTheMarket said, ‘the worst’ performing hybrids lose more of their value than electric cars, whereas ‘the best’ performing electric cars do not hold their value as well as hybrids.</p><span>
</span><p>Dan Hutson, head of motor insurance at CompareTheMarket, said: “EVs are becoming increasingly popular, and now that they have been in circulation for a while we are seeing them come onto the second-hand market, which is great news for people wanting to buy an EV or hybrid at a lower price.</p><span>
</span><p>“As the technology improves and cars become cheaper, we are sure to see greater adoption, which is the greener step forward that we need.”</p><span>
</span><p>You can see the research in full on the CompareTheMarket website:&nbsp;<a href="https://www.comparethemarket.com/car-insurance/content/electronic-vehicle-resales/" target="_blank">https://www.comparethemarket.com/car-insurance/content/electronic-vehicle-resales/</a></p><span>
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