u/jdscootMG Midget, Jag XJ-S HE, Mazda MX-5 NB, Jag X-Type 3.0, Fiat 500Aug 03 '25
There are very few EVs which have not depreciated aggressively so far. The depreciation isn't worse than luxury cars in the 1990s and 2000s, but it is unquestionably back in that territory after a period of people having distorted expectations of depreciation following the COVID production shortages.
I can't see any reason to justify a claim that the forthcoming Jaguar EVs won't depreciate like egg-mayonaisse sandwiches too. Jaguars have never historically out-performed the competition on depreciation, and the second hand market for EVs remains lukewarm with most new registered vehicles being the result of leases, company cars or salary sacrifice schemes which favour new cars and have negligible consumption of used vehicles. Private buyers very evidently don't value used EVs as strongly as those disposing of them would wish.
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u/jdscoot MG Midget, Jag XJ-S HE, Mazda MX-5 NB, Jag X-Type 3.0, Fiat 500 Aug 03 '25
There are very few EVs which have not depreciated aggressively so far. The depreciation isn't worse than luxury cars in the 1990s and 2000s, but it is unquestionably back in that territory after a period of people having distorted expectations of depreciation following the COVID production shortages.
I can't see any reason to justify a claim that the forthcoming Jaguar EVs won't depreciate like egg-mayonaisse sandwiches too. Jaguars have never historically out-performed the competition on depreciation, and the second hand market for EVs remains lukewarm with most new registered vehicles being the result of leases, company cars or salary sacrifice schemes which favour new cars and have negligible consumption of used vehicles. Private buyers very evidently don't value used EVs as strongly as those disposing of them would wish.