As of: January 31, 2024, 4:47 a.m
By: Sebastian Oppenheimer
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The number of used electric cars is increasing - but the loss in value is sometimes massive.
This has consequences, especially for retailers.
The
Federal Motor Transport Authority (KBA)
reported a record for new registrations of electric cars in 2023: 524,219 electric vehicles were registered for the first time - more than ever before.
But what will happen next when it comes to electromobility is uncertain - recently there have been severe setbacks.
For example, the support for electric vehicles through the environmental bonus was surprisingly canceled - and in other areas, electric cars are obviously proving to be much more problematic than expected: the car rental company Hertz, for example, has significantly corrected its electric car plans.
The company wants to sell a third of its electric vehicles and rely more on combustion engines again.
It's similar at Sixt: they're getting rid of Tesla vehicles here.
Both landlords justify their actions, among other things, with a lack of demand - but also with residual values that are too low.
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Discounts on the purchase of new electric cars are putting pressure on used car prices
In plain language this means: you don't get enough money for used electric cars.
The problem not only affects companies with large fleets, but also the private market.
The amount of used BEVs (Battery Electric Vehicles) is still small: According to the
Deutsche Automobil Treuhand (DAT),
almost 100,000 used electric vehicles changed hands in 2023 - less than two percent of ownership transfers.
But as the DAT report states, it will be difficult for retailers to maintain stable used car prices because "almost all of the used BEVs came onto the market with massive discounts aka 'premiums'."
The high loss in value of electric cars is becoming a problem for many used car dealers.
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Used car dealers complain about electric cars being slow sellers
The
Rheinische Post
asked some car dealers in Düsseldorf about electric cars; many want to give up the electric car business.
“We have a problem with Tesla,” the sales manager of “B&K Sportwagen” told the newspaper.
“Some of them are really putting the tires on their cars.” He now wants to reduce the prices.
Another dealer reports a loss of 15,000 euros when selling a Tesla.
Compared to the previous year: electric cars are the type of drive with the highest loss in value
The online marketplace
autoscout24
also confirms the trend.
Looking back at 2023, a report from the platform says: “E-cars are the type of drive with the highest loss of value.” Compared to the previous year, electric cars fell by 17 percent with an average price of 36,703 euros.
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If you are looking for a used electric car, there are a few things you should consider.
Among other things, it is particularly important to find out about the condition of the battery - car clubs and testing companies offer corresponding checks with a certificate for a fee.
The money is usually well spent, because the battery is the most expensive component of an electric car - if it is damaged, there is often a risk of total economic loss.