Five Year Projections See Volt, LEAF Holding Resale Values

KBB and ALG project both models of electric-drive vehicles will hold their values close to comparable gasoline models.

Published: 13-Dec-2012

Potential resale value has been a question raised about electric cars, and the answer, according to two recent used-car pricing estimates, is that two best-selling electrics may lag behind similar conventional vehicles — but not by much.

An all-electric 2012 Nissan Leaf (the 2013 is not on sale yet) is expected to be worth 20% of its new-car list price after five years of ownership, compared with a used price in the low 30% range for a similar conventional Nissan Sentra compact sedan, according to price-tracker Kelley Blue Book.

And an extended-range electric 2013 Chevrolet Volt is forecast to be worth 30% of its sticker price at the end of five years, not far from the similar, conventional 2013 Chevrolet Cruze compact sedan at 38%, KBB says.


2012 Chevrolet Volt

Media Matters takes Fox and Mackinac Center for Public Policy to task for its inflated estimates on the cost of the Volt.

Chevrolet Volt side crash test. Both NHTSA and IIHS gave the car their top safety ratings.

Conservative seized on post-crash test fire as political cudgel, while Volt supporters characterize them as a modest setback rather than a disaster.

Chevrolet Volt 2012

The company reported today that it sold 7,671 Chevy Volts in 2011, with 1,500 sold in December, its best month to date.


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