Electric car values rise 7% in 2017

Cap HPI also names its used electric vehicle best buys, including the Nissan Leaf and BMW i3

Nissan Leaf

Consumer interest in electric vehicles has resulted in used car values increasing by 7% this year, according to Cap HPI. Alternatively fuelled vehicles (AFVs) took a record market share of 4.4% in June, with more than 10,700 of them hitting the roads.

That’s a rise of 29%, with the surge in interest having a knock-on effect on the secondhand market, as supply struggles to keep up with demand.


More electric car news on Motoring Research: 

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  • Britain’s most wanted hybrid and electric cars

Chris Plumb of Cap HPI said: “Interestingly, it appears to be the range-extender models driving the recent strong performance, as values of pure electric have struggled of late. The BMW i3 is a popular choice and is a great secondhand buy. It brings a good level of specification and badge prestige.

“The optional range-extender can increase the range of the BMW i3 in Comfort mode from up to 125 miles to a total of 206 miles. The small, rear-mounted, quiet two-cylinder petrol engine powers a generator that maintains the charge of the battery at a constant level, so that the BMW i3 can continue to drive electrically.”

The BMW i3 and Nissan Leaf are named as Cap HPI’s used electric vehicle best buys, with a longer range the key to higher values.


Range Model/trim Cost new 15/15 20,000 miles
BMW i3 5-dr Auto (13-16) [170] £30,925 £14,650
BMW i3 Range Extender 5-dr auto (13-16) [170] £34,075 £18,400
Nissan Leaf Tekna 5-dr Auto (15–) [109] £30,535 £9,900
Nissan Leaf Tekna 30kWh 5-dr auto (15–) [109] £31,435 £12,200

A Nissan Leaf with the 30kWh battery pack offers a claimed range of 155 miles, which is 31 miles more than the smaller capacity – but cheaper – 24kWh version. But while there’s a saving of around £1,000 at the point of purchase, the 30kWh Leaf retains more value on the secondhand market.

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Gavin Braithwaite-Smith
Gavin Braithwaite-Smithhttp://www.petrolblog.com
Writer with a penchant for #FrenchTat. Owns 15 vehicles of varying degrees of terribleness. Also doing a passable impression of Cousin Eddie in an Italian-German beige motorhome. Doesn't get out much.

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