Toyota, Lexus, and Subaru EVs are depreciating quite rapidly; more so than their ICE and hybrid counterparts. We find out why this is happening.
Toyota and Subaru products have some of the best resale values of any mass-market cars. In the luxury world, Lexus vehicles hold onto their values better than products from Mercedes-Benz, BMW, Audi, and others. But while that holds for internal-combustion cars, the depreciation curve is different for the brands’ early electric efforts. The Toyota bZ4X, Subaru Solterra, and Lexus RZ all lie within that category.
2024 Tesla Model Y: Starting at $44,630 258 to 456 horsepower 260 to 310-mile range 170 to 250kW charging 2024 Kia EV6 Long Range: Starting at $47,325 225 to 576 horsepower 218 to 310-mile range 235kW charging 2024 Cadillac Lyriq: Starting at $58,590 340 to 500 horsepower 307 to 314-mile range 190kW charging The Ultimate Depreciation Machine Let's look at the Toyota RAV4 Prime, a plug-in hybrid version of the ubiquitious Toyota RAV4. It debuted as a 2021 model year with a $39,220 price tag .
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