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Tesla Model 3 loses value up to 5 times slower than the competition

Most customers choose only the purchase price when choosing a car, but Tesla Model 3 also offers an advantage in later sales.

This interesting finding came from the company operating the internet car search engine iSeeCars.com, which analyzed over 6.9 million vehicles sold in order to find out which cars have lost the most and least in value in the last three years. At the same time, Tesla Model 3 won the electric car market.

One previous iSeeCars.com study in the past showed that cars lose an average of 39.1% of their value over three years. For electric cars, the loss of value tends to be higher, which is caused, for example, by concerns about the condition and life of the battery and faster technological obsolescence. After three years, electric cars can lose up to 59.2% of their value

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