Man shares the EVs that have lost so much money in depreciation that they're actually a bargain to buy

If there’s one thing that can make buying used EVs feel like a win, it’s depreciation.

This motoring YouTuber has revealed a list of electric vehicles that have lost so much value since they were new that they’re now incredible bargains on the used market.

Some of these EVs originally cost three, four, or even five times more than they do today, meaning buyers with a relatively modest budget can now get behind the wheel of some seriously impressive cars.

From luxury SUVs to Teslas, these heavily depreciated EVs prove that one owner’s loss can become another driver’s gain.

These used EVs have become incredible bargains thanks to depreciation

Buying a brand-new car almost always means taking the biggest hit when it comes to depreciation, and EVs have been no exception.

In a recent video, YouTuber High Peak Autos rounded up what he believes are the best used EVs available in the UK for around £10,000 ($13,700).

According to the creator, falling prices mean buyers can now choose from electric cars that once carried price tags of £40,000 ($54,800), £50,000 ($68,500), or even more than £70,000 ($95,900).

At the very top of his list was the Tesla Model S.

The YouTuber explained that early examples have dropped dramatically in value but still offer around 280 miles of real-world range, a spacious interior, strong performance, and access to Tesla’s extensive Supercharger network.

He said that while buyers should understand the risks associated with older luxury EVs, he would still consider it the best choice for enthusiasts shopping on a £10,000 ($13,700) budget.

Another standout was the Jaguar I-Pace.

When it launched, the award-winning electric SUV cost more than £70,000 ($95,900), but used examples can now be found for less than £10,000 ($13,700).

Despite the huge drop in value, the presenter said it still offers luxury, performance, and an impressive driving range.

Practical electric cars also made the list

Not every recommendation focused on performance or prestige.

The presenter also praised several mainstream EVs that have built strong reputations for reliability and everyday usability.

The Kia e-Niro was highlighted as one of the easiest electric cars to own, with the larger 64kWh battery capable of around 250 miles of real-world driving.

The Volkswagen e-Golf also earned a place thanks to its familiar design and driving experience, making it an ideal choice for buyers who want an EV that feels just like a conventional hatchback.

Other recommendations included the second-generation Nissan Leaf, Renault Zoe, BMW i3, Kia Soul EV, MG ZS EV, and Hyundai Ioniq Electric.

The presenter noted that later versions of many of these models offer significantly better battery technology and range than their earliest counterparts, making them much easier to live with today.

He also advised anyone buying a used EV to carefully check its history before handing over any money, including looking for accident damage, finance, and mileage discrepancies.

As used EV prices continue to fall, buyers willing to shop carefully may find they can pick up cars that once seemed completely out of reach for a fraction of their original price.