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It’s no surprise that electric vehicles are at the forefront when discussing depreciation. The market for EVs has been dynamic, with prices once soaring but now witnessing sharp declines. Despite predictions of major depreciation, recent sales data indicates that many EVs, such as the Tesla Cybertruck, are holding their value better than expected. Recently sold models, like the gold Cybertruck priced at approximately $104,000, show that while depreciation is evident, the demand remains consistent.

Potential buyers who anticipate a drastic drop in resale values to the tune of 60-70% might be surprised that the figures are not as severe as once forecasted. However, the trend is still noticeable, serving as a cautionary signal for those looking to invest in these models.