Here is a list of the cars with the highest deprecation in order:
71.7 Percent: Nissan Leaf
71.2 Percent: Chevrolet Volt
71.1 Percent: BMW 7-Series
69.9 Percent: Mercedes-Benz S-Class
69.4 Percent: Ford Fusion Energi
68.3 Percent: BMW 6-Series
67.3 Percent: BMW 5-Series
67.2 Percent: Mercedes-Benz E-Class
66.4 Percent: Jaguar XJL
66.2 Percent: Chevrolet Impala
Indeed, the Nissan Leaf in particular became rapidly obsolete with the introduction of more practical mass-market EVs. An EV with a 107-mile range was a novelty when the Leaf arrived in 2010, but within 18 months, the Tesla Model S blew the Leaf out of the water with its 210-mile range. Nissan debuted a second-generation Leaf in 2018, but with only 150 miles of range, Nissan hasnât yet addressed customersâ biggest bellyache about the Leaf. With EV technology maturing, first-generation Leafs are on track to become further obsolete, and continue to lose value in coming years.
If you donât need the range, and we donât, a Nissan Leaf is very cheap transportation.
Kelley Blue Book Says Nissan LEAF Has Lowest 5 Year Cost Of Ownership
Hereâs another article, pros and cons of buying used from Edmunds
Pros
Theyâre a bargain: The EVâs diminished resale value is a con for the person who bought one and is trying to sell it. But itâs a pro for you as a used-car shopper. The savings will vary by model, but on average, used EVs cost 43 to 72 percent less than new ones.
If you search the classified listings for EV models that have been out for at least three years, such as the Fiat 500e or the Nissan Leaf, youâll find a number of them for less than $10,000. You would be hard-pressed to find a 3-year-old gas-powered vehicle for the same price. And if you did find one, it is sure to have double or triple the miles on the odometer.
Youâll get a smoother driving experience: Since an EV does not have an internal combustion engine, itâs smoother and quieter and it vibrates less than a gas-powered vehicle. Affordable conventional cars in this less than $10K price range are likely to be older, smaller four-cylinder cars that are, in the words of Dan Edmunds, our director of vehicle testing, âcoarse and lack refinement.â Further, the added weight of the EVâs battery will make the car feel more planted to the road.
Itâs true about driving experience, quick acceleration and smooth ride. Our other cars are old beaters, seem primitive and crude in comparison.
Like the article says, we paid under $10,000 for a low-mileage, three year old car in excellent condition.
One caveat however, do not take the range claims at face value. For the LEAF the claim when new was 107 miles. We work a 10 - 15 miles radius from home which is more reasonable.
Cold weather really reduces range, itâs 2 F (-17C) here right now. To preserve battery life Nissan recommends to limit the number of charges over 80% capacity and not go below 20%. Which we donât but it reduces the range by almost half.