Electric Car Resale Value

With the increasing popularity of electric vehicles, drivers in Boulder and Denver have new questions, especially about the electric car resale value. What can you expect to get for your EV if you decide to sell it down the road? Does range affect EV resale value? In this guide from the EV experts at Audi Flatirons, we answer these questions as well as discuss what can increase electric vehicle resale value. 

Does Range Affect EV Resale Value? 

So, does range affect EV resale value? In most cases, the answer is yes. Range is considered a key driver of electric car resale value, as a vehicle with a longer range usually holds on to more of its value for longer. When shopping for an EV, keep this in mind. While a vehicle with a longer range may be a bigger initial investment for Aurora drivers, the trade-off of better resale value helps to offset the higher cost. As range improves, vehicles with a shorter range will become less desirable. Demand for vehicles with a higher range will increase. 

Range is not the only factor that affects electric car resale value. We look into this as well as what can increase electric vehicle resale value below.

What Can Increase Electric Vehicle Resale Value?

What other factors have an impact on electric vehicle resale value? Common factors include:

• Vehicle condition
• Brand & model
• Popularity of the model

The condition of the battery is also important. A battery in poor condition will likely drive down the resale value significantly. What can increase electric vehicle resale value? Keep these tips in mind to get the most for your vehicle in Fort Collins. 

• Upgrading the battery
• Keeping your vehicle up-to-date with the latest technology
• Keeping the vehicle well-maintained 

Take Home a New EV Today

At Audi Flatirons, you can find an exceptional selection of EVs with impressive ranges that hold onto their electric vehicle resale value well. Visit our showroom today, and we can get you set up with a test drive. We can also answer any questions you may have. Contact us today. If you are looking to trade in your current EV, try our "Value Your Trade" tool.