EV Resale Reality Check: Are You Losing Money on Your Electric Car?

group of people sitting around a table discussing ev resale value uk

Electric vehicles feel futuristic—but resale reality can be surprisingly analogue. If you’re wondering whether your EV is holding its value, you’re not alone.

What Affects Your EV’s Resale Value?

  • Brand and model reputation (Tesla still dominates secondhand demand)
  • Battery condition and remaining warranty
  • Market shifts caused by offers and government incentives
  • Onboard features like ultra-fast charging and over-the-air software updates

2025 UK Trends: Who’s Holding Value?

Recent resale data shows plug-in hybrids often depreciate ~30‑35% within three years, while models like the Kia EV6 and Hyundai IONIQ 5 retain 50‑60% of their new value. Strong demand, long warranties, and updatable tech make all the difference.

Case Study: Tesla Model 3 vs Renault Zoe

Both cost similar when new (£40,000 approx), but after two years the Model 3 retains ~58% value—while the Zoe drops to ~42%. That’s the power of brand equity, range confidence, and software that ages well.

How to Protect Your EV Investment

  • ✅ Keep service and charging records tidy using the ONEEV app
  • ✅ Charge at smart tariff times and save off‑peak using ONEEV pricing tools
  • ✅ Ensure regularly available over-the-air updates (brands like Polestar, Tesla, Hyundai are best)
  • ✅ Consider models with strong residual value: Kia, Hyundai, Tesla excel in UK resale reviews

The Final Word

Your EV’s resale value isn’t just based on how far you drive. It’s shaped by brand, battery, tech and charging behaviour. With smarter charging and careful care—made easier thanks to ONEEV insights—you’ll protect your investment for the long term.