“The Chevrolet Volt was discontinued due to its declining popularity as domestic sedans fell out of favor as well as increased competition from all-electric vehicles,” said iSeeCars Executive Analyst Karl Brauer. You can follow John on Twitter, and view his credentials at Linkedin In addition to Torque News, John's work has appeared in print in dozens of American newspapers and he provides reviews to many vehicle shopping sites. Following his engineering program, John also completed a marketing program at Northeastern University and worked with automotive component manufacturers.
John Goreham is a long-time New England Motor Press Association member and recovering engineer.
Read more on this study at the iSeeCars feature page. For example, the Ram 1500 is up by nearly $6,000 in value and the Ford Mustang coupe, $5,000. Pickup trucks and sports cars also do well. “The Toyota Prius has been declining in sales as other Toyota hybrid models, like the Camry and the RAV4 have soared in popularity,” noted Brauer.Ĭonversely, convertible models have seen the greatest gain in value. The Toyota Prius hybrid also makes the list in tenth. The Volt is not the only green vehicle on the list of those which have seen the greatest decline in value. One additional reason that Volts may be less valuable is that new Chevy Bolts are costing buyers under $20K in some states. They are now averaging $1,512 less than that price.“The Chevrolet Volt was discontinued due to its declining popularity as domestic sedans fell out of favor as well as increased competition from all-electric vehicles,” said iSeeCars Executive Analyst Karl Brauer. Used Volts in October of 2019 had an average value of $16,510. However, the Volt has seen a decrease in value of 8.4%. analyzed over 1.2 million used car sales in October 2020 and found that used car prices had an average increase of 9.5 percent or $2,193 compared to the previous year. The study found that used car prices have climbed in recent months due to heightened demand and inventory shortages in the wake of COVID-19. This, despite many models rising in value. A new study by has found that the used Chevy Volt extended-range electric vehicle (EREV) has seen the single-highest drop in value over the past year. For example, a battery rated at 100 kWh will need 12.5 hours to recharge fully using an 8.0-kW charger.If you are in the market for a used green car, you are in luck. Given those assumptions, the value provided is simply the battery's capacity divided by the onboard charger's power rating.
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Unlike mpg, however, where a larger number is better (for example, a vehicle that gets 30 mpg is better than one that gets 20 mpg), a smaller number is better in kWh/100 miles because you are using less battery energy per mile.ĮPA time to charge battery (at 240V) This can be tough to pin down, but we assume for simplicity that the 240V power source will enable the vehicle's onboard charger to operate at full capacity, and that the battery is fully depleted and will be recharged to 100%. EPA combined MPGe A combined total of 45% city MPGe + 55% highway MPGeĮPA electricity range This value is the estimated number of miles that a vehicle can travel in combined city and highway driving (using a mix of 55% highway and 45% city driving) before needing to be recharged, according to the EPA's testing methodology.ĮPA kWh/100 mi This value tells you how much energy in kilowatt-hours a vehicle would use to travel 100 miles.
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