According to new data, the Nissan LEAF is the biggest 5-year depreciator among cars right now, which means a used one could be a real steal. . . .
1. Nissan LEAF
Base MSRP: $30,875; 5-Year Depreciation: $27,170; Retained Value: 22%. Electric cars in general tend to have weaker than average resale values on account of the one-time federal tax credit that effectively slashes their sticker prices by $7,500 (and even more if state cash incentives apply). The Nissan Leaf has been the top selling EV the last few years, which swells their supply in the resale market (at least among used electric cars), and in turn adversely affects its value.
So then, the math works out to $3,705 for that 5-year-old LEAF. We don’t think you’ll find one easily for that cheap, but you’ll definitely be able to get a deal on an older LEAF just as soon as you start searching for one. We see older LEAFs as cheap as $5,000 listed right now. . . .
Not that this is likely to be news to anyone who owns one.