Motor Vehicles: Prices
Commons · Question 127687 · Tabled 15 Apr 2026 · Department for Transport · Official record
Answered 21 Apr 2026
Question
Asked by James McMurdock
To ask the Secretary of State for Transport, what comparative assessment she has made of the depreciation rates of (a) electric and (b) petrol and diesel vehicles.
Answer
Answered by Keir Mather, 21 Apr 2026
The Government is aware that, despite strong growth of the used Electric Vehicle (EV) market, the residual values of some EVs have depreciated more quickly than their internal combustion engine equivalents. The used EV market is still maturing, with devel...