Average Depreciation of EVs vs Gasoline Vehicles (2026)

This table highlights the typical 5-year depreciation patterns for mainstream vehicles, based on recent resale studies and ownership cost analyses.

Percent vs dollars: both matter. EVs often start with a higher MSRP than comparable gas cars. So even when the depreciation percentage is similar, the dollar amount lost can still be larger for EVs. It's worth considering both the percentage and dollar amount when comparing EVs with gas vehicles.
Chart: Attorney Brian WhiteSource: Recharged Created with Datawrapper