T&E: Used EVs Hold Value Better Than Leasing Industry Claims
A new T&E analysis finds the depreciation gap between combustion and electric cars in the four largest EU markets is 12.9 percentage points, but adjusting for five omitted variables cuts it by 80% to 2.6 points. T&E urges leasing firms to offer longer terms, carmakers to standardize battery health certificates, and EU lawmakers to back the CCVR fleet electrification rules.
- Depreciation gap between ICE and EVs in Germany, France, Italy and Spain is 12.9 p.p.
- Adjusting for five omitted variables cuts the gap by 80% to 2.6 p.p.
- Falling new EV prices will lower average EV depreciation by a further 5.1 p.p.
- Used BEV sales in Germany rose 64% year-on-year in the first seven months of 2026
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