The Ratio Between New and Second-Hand Prices of Electric Vehicles

Serdar HocamAuthor & Editor

Research reveals that there is approximately a 20 percent difference between new electric car list prices and second-hand sales prices in Turkey.

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Elektrikli araçlarda ikinci el yüzde 20 ucuz

According to examinations conducted in the Turkish market, it has been determined that there is an average difference of 20.3 percent between the list prices of new electric vehicles and their second-hand sales prices.

Price Comparison

New list prices of electric vehicles in Turkey were compared with their average sales prices in the second-hand market, revealing an average difference of 20.3 percent.

Influencing Factors

While the price difference for internal combustion second-hand cars compared to new vehicle prices ranges between 15 and 30 percent, this situation varies depending on mileage, engine performance, accident history, and exterior appearance.

Battery and Range Criteria

While mileage and damage history are important for value loss in electric vehicles, criteria such as battery health, remaining battery warranty, range, and charging capacity are also added to these factors.

Tax Brackets and Strategies

The pricing strategies of brands aimed at keeping their vehicles in the 25 percent tax bracket can limit the upward movement space of second-hand prices.

Sales Figures and Market Share

In the first eight months of the year, approximately nine out of every 10 electric cars sold consisted of models of 160 kW and below, and sales in this group increased.

Expert Evaluation

VavaCars Commercial Group President Serdıl Gözelekli stated that with the growth of the electric vehicle fleet, the market will achieve a more stable structure over time.