Tuesday, April 8, 2025

In 2024, these electric cars lost the most in value

A Fisker Ocean has a very low second-hand value. The Mercedes EQS, on the other hand, is doing even worse, new figures on value loss show.

In many ways, 2024 was the year of the electric car. At least when you look at the number of new registrations. But things are going badly in the used market, where the value of electric cars.

New figures from the car portal show, for example, that a used Fisker Ocean lost a whopping 152,000 kroner over the course of 2024.

But things are even worse for the Mercedes EQS. A car that was far more expensive from the factory than the Fisker model ever was.

EQS owners have lost a whopping 274,000 kroner in value on their cars over the past year. A rule of thumb says that car owners can expect a 30 percent loss in value in the first year. But in the case of the EQS, it's much worse. Read more about it here .

EQE is also a big black hole to throw money into. The model has lost 122,000 kroner in a year. While EQB, which is driven around by the Danish police, has lost 103,000 kroner in value.

In fact, Mercedes models make up the entire top 3. Next come two Volkswagen models, the ID.3 and ID.4, which have lost a combined 102,000 kroner in one year. While a Skoda Enyaq alone loses half as much.

But it could get much worse – also within the Volkswagen Group. The Audi Q4 e-tron has been reduced by an average of 208,000 kroner.

So what holds its price best as a used car? According to the Danish car portal, the Peugeot e-208 lost 'only' 38,000 kroner of its value in the past year. Only the Tesla Model 3, with a loss of 39,000 kroner, can keep some of its owners' money at home in almost the same way.

However, there are indications that car owners will have to take even bigger losses this year. In addition to cheaper brand new electric cars, importers are sharply reducing the prices of cars from last year that have not yet been sold. Other brands such as Hyundai are making the price cuts more permanent.

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