The used car industry analyzed that Mercedes-Benz electric cars had a sharp discount to get out of the casm (temporary demand stagnation) and the Mercedes-Benz EQE fire, which devastated an apartment building in Incheon in August last year, combined with a Chinese-made battery issue, causing the value to plunge.

In the case of the Tesla Model 3, the industry pointed out that the “value quality” of raising and lowering the price like a rubber band is the cause.

In this situation, he explained that the value of the existing model fluctuated significantly as the casm occurred, the price was cut, and the partial change model came out.

In the case of Model Y, which is the No. 1 electric vehicle sales in both domestic and imported cars, its value began to plunge as the Chinese-made Model Y, whose price was more than 10 million won lower than the existing “American” Model Y, was released.

On the other hand, hybrid cars are gaining popularity in the used car market with low fire concerns and excellent fuel economy and ride comfort. Even if you sell it as a used car, you can get a better price than an electric car.

An industry official pointed out, “The sharp decline in the residual value of cars, which is the second property list after home, causes property damage,” adding, “The shock discount is welcome for new buyers, but it is a nightmare for existing buyers.”

“Existing buyers are suffering from a decline in residual value following electric vehicle phobia, catharsis, and fire concerns,” he said. “We need to come up with measures to increase loyalty, such as providing service benefits or purchasing at a convincing used car price, rather than treating existing buyers as ‘fish caught.'”