Jaguar iPace EV Depreciation shock

Jaguar iPace depreciation!
‪@GeoffBuysCars‬
I pace In Depreciation
Cost £82880
Discounted £25, 401
To £59,324
However after 3 years it’s worth £20,890
Losing £38,434 from the discounted price
£1.74 p per mile
Or £61, 990 £2,81 per mile

[@pacpern9988]

A great used buy now

[@mikeolly67]

There will be even bigger discounts on EVs last quarter of 24 as manufacturers struggle to meet the ZEV mandate target. I predict sales at under cost price and that’s a business model that can’t be sustained, bankruptcy for some of the big manufacturers will follow.

[@WoolyChewbakker]

Which manufacturers do you predict will go bankrupt ? Asking for a friend 😊

[@mikeolly67]

@@WoolyChewbakker tell your friend,Jaguar for certain .