ELECTRIC and hybrid engines retain their value more than other vehicles, a new study has revealed.
And some of the most value-reducing cars lose nearly 75 percent of their value in just three years.
A recent breakdown by automotive industry experts What Car? revealed that the cars depreciate the least after three years on the market – and those who lose the most value.
The study of more than 7,000 different cars found that new electric and hybrid vehicles retain an average of 47 percent of their market value, reporting both gasoline and diesel models.
The Evoque R-Dynamic P250 from Range Rover was the best-performing engine on the market, with 70 percent of the original price tag of £ 38,675.
Hybrid models from Porsche and Audi also scored well in the study, all while maintaining around 65 percent of their original price.
More affordable Toyota hybrid models – the Prius and RAV4 – completed the list, both retaining around 63 percent of their original market price.
But not all electric motors turned out to be a good investment for their owners.
After three years of driving, the Renault Zoe i Dynamique Nav held only 29.3 percent of its original price of £ 28,520.
The Italian manufacturer Fiat also did not do well in the results, with its Doblo XL Combi and Tipo Easy Plus which only had about 26 percent of their price tags.
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Steve Huntingford, editor in chief of What Car, said: "When the first electric and hybrid cars arrived, they suffered heavy losses.
"But now that technology is becoming mainstream, buyers are starting to see much better residual materials, which will undoubtedly further boost sales.
"The worst depreciating table is a reminder that buyers of new cars must do their homework before drawing on the dotted line.
"Securing the best possible deal for a new car helps to compensate for the money it loses."