Chevrolet's electric Volt depreciates 58% in 3 years
- posted
12 years ago
Chevrolet's electric Volt depreciates 58% in 3 years
Not surprising, but eh Ford Focus really turns to crap too.
"Despite all the hype and multiple Car of the Year honors, Volt retains only
42% of its original value after three years of ownership -- a lower percentage than a 2011 Toyota Prius hybrid (46%) but more than a 2011 Ford Focus (37.5)."
I think these two cars could be pretty good metal but would still depreciate more than a more desirable mainstream car because of what they are, not how good they are.
They depreciate more because their initial price is more. Whoops that's wrong, according to this:
--Vic
That would be about the time the Lithium battery needs to be replaced.
But given the Volts price, in dollars that is a lot of depreciation. At least a Focus with less than 1/2 the capital cost not only looses less in percentage, looses a whole lot less in capital. Less to go wrong too.
Lets face it.. no matter how good the Focus is, it is a car that, in a few years, will have very little interest on the used car market.
I have a lot of respect for what Ford has done.. But the Ford Feces is just not a car destined for history
I actually agree, that is why I own a true V8 F150.
But t least a Focus does not drain your pocket book like a Volt.
I thought Focus is mazda 3 with shittier (softer) suspension. Why is it feces to you? they could not have botchered mazda 3 all that much
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