EV Depreciation: How Fast Electric Cars Lose Value Compared to Gas Cars
You know an electric car saves money on fuel. But what happens to its value when you sell it five years later? The average EV loses 57.2% of its value in five years — against 41.8% for the average car and 35.4% for a hybrid. That gap is the largest hidden cost of going electric, and it is bigger than five years of fuel savings for most drivers. The numbers below come from iSeeCars' March 2026 value-retention study of more than 950,000 five-year-old cars sold between March 2025 and February 2026. This post is the depreciation follow-up to yesterday's break-even comparison, Gas vs Electric Car: Which One Fits Your Driving? The 2026 Break-Even Math . The Headline Numbers: 57.2% vs 41.8% EVs are the worst-retaining segment in the study — and the gap is more than 15 percentage points. iSeeCars measures five-year depreciation as the difference between a car's original sticker price (MSRP) and its average used sale price five years later. Here is how each segment did in the March ...