Tesla is one of the fastest depreciating car brands in the UK

Tesla experiences sharpest depreciation of any car brand in the UK

Tesla is one of the fastest depreciating car brands in the UK, with the brand’s cars losing 45% of their value within three years, according to Carmoola’s Car Depreciation Index which analysed millions of car sales. The brand has risen from eighth to fourth place among the worst-performing manufacturers for value retention since the last analysis in December. Most brands have shown relatively stable depreciation rates but Tesla has experienced a…

Tesla is one of the fastest depreciating car brands in the UK

Tesla's models are losing nearly half (45%) of their value witin three years, according to data from the Carmoola Car Depreciation Index.