Cars: These used electric cars are increasing in value - PressFrom - United Kingdom
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CarsThese used electric cars are increasing in value

11:50  03 april  2019
11:50  03 april  2019 Source:   uk.motor1.com

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An electric car (also battery electric car or all- electric car ) is a plug-in electric automobile that is propelled by one or more electric motors, using energy typically stored in rechargeable batteries.

These used electric cars are increasing in value © Motor1.com UK Nissan Leaf electric vehicles parked in a row

As electric cars begin to become more and more prominent in the automotive world, the demand for small electric cars on the used market is increasing.

Some models are even increasing in value according to the experts at automotive data company cap hpi, which says that some owners could even buy an electric car, run it for 12 months and still sell it on for a profit.

That's because of a combination of new clean air zones, cheaper running costs, increased charging points, incentives to drive and wider availability from manufacturers.

Here are three models rising in value according to cap hpi:

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Tesla Motors has received more than 325,000 preorders for its hot new Model 3 electric car even though it will not be available for at least another year. That almost equals the 340,000 electric cars and plug-in hybrids now on American roads.

Electric cars get power form the rechargeable batteries installed inside the car . These batteries are not only used to power vehicles but also used for the functioning of wipers and lights. What are Electric Cars ? With the ever- increasing fuel problems, it has become necessary for people to use better

These used electric cars are increasing in value © Motor1.com UK Nissan Leaf

Nissan Leaf

The Nissan leaf is the UK's best-selling electric car and has been in the market for eight years now.

The latest model has a published range of up to 200 miles on a single charge thanks to a new battery that's arriving later this year.

A used one will cost around £7500 which makes it excellent value for those looking to make the switch to an electric car.

These used electric cars are increasing in value © Motor1.com UK Renault Zoe

Renault Zoe

Made by Nissan's sister brand, it's no surprise that the Renault Zoe is a competent EV. It has a similar range to the Nissan Leaf, and is an excellent alternative option.

Those owned outright hold their price but tend to be very rare, while battery lease examples cost less.

These used electric cars are increasing in value © Motor1.com UK Mitsubishi i-Miev – £7,295

Mitsubishi I-MIEV

There's a trend here. Another product from a barand in the same alliance, the Mitsubishi I-MIEV offers value for money if you are looking to buy your first EV, but is also good value if you're looking to buy a cheap-to-run second car.

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Just as with gasoline cars , some electric vehicles are more efficient than others, and the average EV needs about 30 Using 15,000 miles as the average amount of miles a person will drive in a year, the annual cost of gasoline for the average car will be about ,400 per year, using the average cost of

Electric cars (also known as battery electric cars ) have several environmental benefits compared to conventional internal combustion engine cars .

Mitsubishi says the car I-MIEV can do 92 miles on a charge, making them ideal for driving to the shops or other short journeys. They cost approximately between £1.50 to £2.50 to charge, dependant on your energy rate. On the second-hand market they tend to start at around £5,000.

"New sales of electric vehicles continue to gain market share and their popularity is building for buyers of used cars," said Chris Plumb, electric vehicle expert at cap hpi. "Some of the smaller models make an attractive used buy with a low purchase price and running costs. Additionally, many towns and cities offer incentives for drivers of electric vehicles such as free charging points and parking."

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Third of drivers won't go electric until prices fall, study shows.
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