Tesla Model S retains its value better than gas-powered cars in its segment, losing only 28% after 50k miles
While often an overlooked factor when shopping, the depreciation rate is important to consider when making a large purchase like a car. Affordable to mid-range car models are often tracking close together and therefore, it’s rarely a significant factor, but it’s another story for premium vehicles and for electric vehicles apparently.
A new study shows that the Tesla Model S is leading vehicle value retention in the luxury sedan segment by an impressive margin, beating its gas-powered counterparts like the Audi A8, Mercedes S-Class and BMW 7 Series.
Expand
Expanding
Close