Your car's value decreases around 20% to 30% by the end of the first year. From years two to six, depreciation ranges from 15% to 18% per year, according to recent data from Black Book, which tracks used-car pricing. As a rule of thumb, in five years, cars lose 60% or more of their initial value. =25+3*16=73% $42k average price $32000

While depreciation rates for electric cars can vary greatly, the Tesla Model 3 is estimated to depreciate 41% in value over the course of five years. Meanwhile, pricing for the 2020 Model 3 starts at $37,990 for a base model.Insurance Rates Value for value are lower for electric  cars however an electric car version of a gas version of that same care will be more because of the increased purchase price. IE  An electric Ford focus costs 50 pct more but the insurance premium increases by only 23 pct.