4 July

Secondhand petrols and diesels keep their value more because you're being ripped off when you buy the same cars new. New petrols and diesels go up in price with every model, which is what keeps secondhand values for the same cars higher, because people buy those instead so they're not ripped off. EV secondhand values are lower because every generation of NEW EVs is *cheaper* than the last. This is a good thing, it means motoring is getting cheaper for both new AND used cars. If you get less of a trade on an EV, you're also needing to spend much less on a new one. Anti-EV journalism isn't good at maths.