Lookingforhelp
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I wish I could find a 1 year old EV for 30% less than cost new.13% depreciation in that time is normal, consider yourself lucky you didn't buy some of the EV models that have depreciated more than 30% within a year. There is much greater demand for hybrid now, and they seem to be holding values better than diesels.
Here's one example, the Indo covered similar stories recently too.I wis
I wish I could find a 1 year old EV for 30% less than cost new.
Ask a reputable car dealership or failing that, a professional valuer.I'm looking for some advice from anybody who may have had their car stolen. My car was stolen from my driveway. It was a Kia Sportage automatic diesel 2023 10 months old. Is cost 46,000 euro 10 months ago the insurance company are offering me 40,000 To me this seems too little. My issue is I can't find a similar car for sale anywhere in Ireland as Kia no longer manufacture diesel automatic.
Can anyone tell me how I could get a valuation for a car that's no longer manufactured and are not on sale second-hand yet. There are other Kia Sportage on the different car sited but these are hybrid are petrol models and are advertised between 40 to 46k and I would imagine diesel automatic would have a higher value.
Can anyone advise me on what I should do please..
How much did you think they were going to offer you??My car was stolen from my driveway. It was a Kia Sportage automatic diesel 2023 10 months old. Is cost 46,000 euro 10 months ago the insurance company are offering me 40,000 To me this seems too little.
Fair enough. Actually makes sense. There are some EVs such as short range Nissan Leafs which are being heavily discounted new so thay must have am effect on the nearly new market.Here's one example, the Indo covered similar stories recently too.
Yep, the price wars among some of the manufacturers has punished previous buyers in order to gain market share.Fair enough. Actually makes sense. There are some EVs such as short range Nissan Leafs which are being heavily discounted new so thay must have am effect on the nearly new market.
If price wars are the cause of fast depreciation, then it should be a short term effect, rather than something intrinsic about EVs that makes them depreciate quickly.Yep, the price wars among some of the manufacturers has punished previous buyers in order to gain market share.
YesAre you saying that it cost 46k brand new and is now 10 months old?
It sounds about right to be honest. Without anything to compare it to on the market it’s difficult to tell but depreciation on new cars is about 10-15% pretty much immediately
I thought around 43k as there was only 22,000km on it and thought it would hold value better as you cannot buy one now. Maybe I was naiveHow much did you think they were going to offer you??
Was the €46k the full retail price for the car, if so I think €40k offer sounds about right
Yes with 20,000kmh on itAre you saying that it cost 46k brand new and is now 10 months old?
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