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EV6 Depreciation

7.2K views 80 replies 24 participants last post by  foo.1  
Depreciation on EVs is particularly visible right now. That is part of the reason we bought a used 2022 FE ($30,500 - original buyer was soaked for $70,000 according to the sticker in the glove box) instead of our original plan to buy a new 2025 (which is really a 2026 by now, right?).

However, depreciation is certainly not limited to EVs. Asking google "typical 10 year depreciation of a gas vehicle"

A typical gas vehicle can depreciate around 60-70% of its original value over a 10-year period, with the most significant drop occurring in the first few years, often losing up to 20% of its value in the first year alone

Asking google "typical 10 year depreciation of an electric vehicle"

An electric vehicle (EV) can lose about 50% of its value after 100,000 miles, which is faster than the depreciation rate for traditional cars.​
So while EV depreciation is certainly bad and quite visible, it is not good on ICE either.

Buy the dip! Use this time to get into EVs with a great price on a gently used EV-6.

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I have 37k miles. The battery has already lost 13% of its original capacity. . . .
Can you let me know how you determined the loss?

When I got my used 2022 (~45K miles) I was trying to determine the battery capacity. The internet lore is to ignore SOH which is optimistic. Instead I was told to charge to 100% then read battery capacity in KWH. This screenshot reads 72.646 KWH:

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Assuming 74HWH for a new battery,
72.646 / 74 = 98.16%​
of the original battery capacity.

Assuming 77. 4 KWH for a new battery,
72.646 / 77. 4= 93.85%​
of the original battery capacity.

Either of these is quite a bit above your 87%.

What is your KWH remaining at 100% charge?
 
Wow !

63790 / 74000 is indeed 86.2 % just like you said. Closer to 14% loss, really :-(​

Is there anything outstanding with your driving or charging routines? Did you have this car since new?