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Why EVs Depreciate Faster Than Gas Cars

Posted

October 17, 2025

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EV’s are cheaper to operate than a gas car, but their resale values are horrible. It’s a mix of factors - incentives, changing tech and limited appeal. It’s a problem for EV adoption, especially as automakers try to attract more mainstream buyers. Here’s why they can be more expensive to own than a gas car, and why that might change.

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Producer: Robert Ferris

Editor: Darren Geeter

Animation: Jason Reginato, Emily Park

Senior Managing Producer: Tala Hadavi

Additional footage: Getty Images, Hyundai, Rivian, BMW, Polestar, Ford

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Why EVs Depreciate Faster Than Gas Cars

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