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PHOTO CAPTION: 2012 Ford Focus is forecast to be worth only a fraction of its original price after five years.

The Case for Why Your Next Car Should Be A 'Pre-Owned' Electric One

Main Street's Jeff Brown sees the silver lining in Kelley Blue Book's forecast that plug-in cars like the Chevy Spark will have low resales values after five years.

Published: 29-Dec-2013

NEW YORK (MainStreet) — Hey, have I got a deal for you — an all-electric car. So long as you buy it used, that is.

A study for USA Today by Kelley Blue Book suggests that all-electric cars such as the Nissan Leaf could experience jaw-dropping depreciation over the first five years.

The five-year-old Leaf could sell for only about 15% of its original sales price, while a similar Nissan Sentra SL compact, a gasoline-engine vehicle, would retain 36% of its original value.

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