We have bought an electric car!

[mike]

Whatever way you go it will cost you money - no free lunch. The depreciation factor on a decent EV is a cost many EV owners seem to forget, their eyes seem to be only on the prize of how much they are saving in fuel costs.

I fail to see the point here.
All vehicles depreciate to some extent. I have purchased new ICE vehicles in the past which have massively depreciated and the scarce few which have done so only marginally.
Purchase a luxury European vehicle and the depreciation will make your eyes water!
┬áI would suggest any vehicle owner of any motive power,┬áseeking your ÔÇ£free lunchÔÇØ would probably┬ábe left bitterly┬ádisappointed in that regard.
Driving an EV, is not purely about fuel savings either, although that is welcome now fuel is above $3 per litre, it is also about oneÔÇÖs personal choices.

A decent new EV is twice the price of a new petrol vehicle so inherently more to lose on depreciation.