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EU analysis finds used EVs holding value, pushing lease costs up

Original: EU analysis finds used EVs are retaining value, and that could be inflating lease payments

A European Union analysis has found that used electric vehicles are retaining their value better than expected. The report suggests this stronger resale value may be contributing to higher lease payments for EV drivers. The finding runs counter to earlier assumptions that EVs depreciate quickly, and it has drawn attention from industry watchers and consumers weighing whether to buy or lease an electric car.

Why now: The EU's counterintuitive finding on EV depreciation affects leasing costs that many drivers are actively comparing.

European Unionelectric vehiclesThe Cool Down

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