Luxury Electric Cars Depreciate Faster Than Gas Counterparts, Study Warns

Valuation specialist Brego reports that used luxury electric vehicles are losing retail value more quickly than comparable internal combustion models. Mercedes-Benz experienced the steepest drop, with the electric EQS trailing the gas-powered S-Class in retained value by up to 6.4% after four years. Volvo emerged as the sole exception among brands studied, with the all-electric EX90 holding residual value slightly better than its XC90 gas sibling.