{"id":33401,"date":"2024-02-24T15:05:25","date_gmt":"2024-02-24T14:05:25","guid":{"rendered":"https:\/\/www.italpassion.fr\/?p=33401"},"modified":"2024-02-24T15:05:28","modified_gmt":"2024-02-24T14:05:28","slug":"the-used-electric-vehicle-market-plunges","status":"publish","type":"post","link":"https:\/\/www.italpassion.fr\/en\/voiture-electrique\/le-marche-du-vehicule-electrique-doccasion-plonge\/","title":{"rendered":"Used electric vehicle market plummets"},"content":{"rendered":"
\"\"
Illustration IA - Italpassion<\/figcaption><\/figure>\n\n\n\n

The electric vehicle, seen as a revolution in the automotive industry, is now coming up against an economic reality. The used electric vehicle market<\/strong>long considered a promising sector for offering more attractive second hands, is showing significant signs of weakness. The cause, accelerated depreciation of electric models<\/strong> undermining the confidence of distributors and consumers alike.<\/p>\n\n\n\n

The figures are indisputable, according to AutoTrader. Prestigious brands such as Tesla and Audi<\/strong> see the value of their electric models down nearly 30 % in just one year<\/strong>. This situation is not isolated: other European manufacturers such as Renault, Hyundai, Mercedes and BMW are also experiencing alarming declines in residual values. The Renault Zo\u00e9, for example, has seen its value fall by 26.5 %, while the Hyundai Ioniq has recorded a devaluation of 28.6 %.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Several factors explain this trend. First and foremost, technological obsolescence <\/strong>batteries and the ever-improving range of new models are accelerating the devaluation of older vehicles. In addition, the pricing battle<\/strong> in response to competition from emerging Chinese brands such as BYD and MG, is intensifying the pressure on prices.<\/p>\n\n\n\n

The rental finance model (LOA), although popular, also contributes to this instability. Companies such as Stellantis offer attractive deals with low overestimated trade-in values<\/strong>This distorts the market. In addition, purchase subsidies, while encouraging the adoption of electric vehicles, mask the economic reality of their rapid depreciation.<\/p>\n\n\n\n

Distributors are the first to feel the impact of this volatility. With uncertain residual values, the risk of unsaleable stock becomes a major concern<\/strong>. According to our information, the stock of used Porsche Taycans is so high that dealers are not putting all models up for sale on ad sites. For consumers, this means less attractive second-hand offers, with some used electric vehicles commanding higher lease payments than new models.<\/p>\n\n\n\n

Despite these challenges, the market for used electric vehicles is not doomed to failure. Recent models such as the ID.5 and BMW iX, which are only losing 10.5 % and 11.2 % of their value respectively, show that solutions are possible. Nevertheless, the industry must adapt quickly to counter this depreciation trend<\/strong> and restore confidence in the used electric vehicle market.<\/p>","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":33403,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","footnotes":""},"categories":[371],"tags":[],"class_list":["post-33401","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-voiture-electrique","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"acf":[],"yoast_head":"\nLe march\u00e9 du v\u00e9hicule \u00e9lectrique d\u2019occasion plonge - ItalPassion<\/title>\n<meta name=\"description\" content=\"Illustration IA - Italpassion Le v\u00e9hicule \u00e9lectrique, vu comme une r\u00e9volution dans l'industrie automobile, se heurte aujourd'hui \u00e0 une r\u00e9alit\u00e9 \u00e9conomique.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.italpassion.fr\/en\/electric-car\/the-used-electric-vehicle-market-plunges\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Le march\u00e9 du v\u00e9hicule \u00e9lectrique d\u2019occasion plonge - ItalPassion\" \/>\n<meta property=\"og:description\" content=\"Illustration IA - Italpassion Le v\u00e9hicule \u00e9lectrique, vu comme une r\u00e9volution dans l'industrie automobile, se heurte aujourd'hui \u00e0 une r\u00e9alit\u00e9 \u00e9conomique.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.italpassion.fr\/en\/electric-car\/the-used-electric-vehicle-market-plunges\/\" \/>\n<meta property=\"og:site_name\" content=\"ItalPassion\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/italpassion\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-24T14:05:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-24T14:05:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.italpassion.fr\/wp-content\/uploads\/2024\/02\/voiture-electrique-occasion.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Alexandre Filluzeau\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@italpassion\" \/>\n<meta name=\"twitter:site\" content=\"@italpassion\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/www.italpassion.fr\/en\/voiture-electrique\/le-marche-du-vehicule-electrique-doccasion-plonge\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.italpassion.fr\/en\/voiture-electrique\/le-marche-du-vehicule-electrique-doccasion-plonge\/\"},\"author\":{\"name\":\"Alexandre Filluzeau\",\"@id\":\"https:\/\/www.italpassion.fr\/en\/#\/schema\/person\/36f747b2a759ca202d847e85a9434ca0\"},\"headline\":\"Le march\u00e9 du v\u00e9hicule \u00e9lectrique d\u2019occasion plonge\",\"datePublished\":\"2024-02-24T14:05:25+00:00\",\"dateModified\":\"2024-02-24T14:05:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.italpassion.fr\/en\/voiture-electrique\/le-marche-du-vehicule-electrique-doccasion-plonge\/\"},\"wordCount\":459,\"commentCount\":12,\"publisher\":{\"@id\":\"https:\/\/www.italpassion.fr\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.italpassion.fr\/en\/voiture-electrique\/le-marche-du-vehicule-electrique-doccasion-plonge\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.italpassion.fr\/wp-content\/uploads\/2024\/02\/voiture-electrique-occasion.jpg\",\"articleSection\":[\"Voiture \u00e9lectrique\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.italpassion.fr\/en\/voiture-electrique\/le-marche-du-vehicule-electrique-doccasion-plonge\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.italpassion.fr\/en\/voiture-electrique\/le-marche-du-vehicule-electrique-doccasion-plonge\/\",\"url\":\"https:\/\/www.italpassion.fr\/en\/voiture-electrique\/le-marche-du-vehicule-electrique-doccasion-plonge\/\",\"name\":\"Le march\u00e9 du v\u00e9hicule \u00e9lectrique d\u2019occasion plonge - 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