Wednesday, April 9, 2025

The hyped electric car has lost over 50 percent of its value

Rimac Nevera has set several world records. And all at once. But the owners are now suffering huge losses in value.

The owners of the electric hypercar Rimac Nevera are apparently suffering huge losses in value. This is clearly seen in an auction currently running on Bring A Trailer .

The car has only covered 2,150 kilometers. Yet the Nevera has lost value. In fact, more than half of the new price of 14.7 million kroner has disappeared in value loss. The car was delivered from the factory just two years ago.

To make matters worse – especially for the car's first owner – this particular Nevera is equipped with optional equipment after what Rimac calls 'level 2'.

This gives the car, among other things, a lot of carbon fiber and an additional price of 554,000 kroner.

The car also has a special blue paint job for which the first owner paid 128,000 Danish kroner.

Rimac: People don't bother driving expensive electric cars anymore

The Rimac Nevera is particularly known for its specifications. Four electric motors and almost 2,000 horsepower deliver acceleration from 0-100 km/h in 1.81 seconds and the ability to travel 276 km/h in reverse.

Yet sales have been sluggish since its launch in 2022. Only 50 out of a planned 150 units were sold last year. The limited demand may be a contributing factor to the fact that the cars that are still on the market are rattling along.

Mate Rimac, who is the CEO of both Rimac and Bugatti, has a possible explanation for the waning interest.

He believes that the mainstream adoption of electric cars is reducing the exclusivity of electric hypercars.

He compares it to watches.

– An Apple Watch can make everything better. It can do 1,000 more things, it's much more accurate, it can measure your heart rate.

"But no one would pay $200,000 for an Apple Watch," he said at the Financial Times Future of the Car conference.

It is unknown whether the owner will accept a sale unless the bid moves significantly upwards. However, a potential new owner should get a driving instructor.

The original buyers, who dealt directly with the factory, also received driving lessons in order to be able to include the car in the purchase.

Speaking of Mate Rimac, the Croatian is no longer so sure that electric cars are the future. At least not when it comes to drivers who have money. Read more about it here .

https://www.youtube.com/watch?v=W62EBYc3ENs

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