How does the residual value of electric commercial vehicles work?
The residual value of electric commercial vehicles is determined by battery condition, make, model, mileage and market conditions. Electric vehicles lose value faster than diesel commercial vehicles due to technological developments and market acceptance. The battery plays the most important role here, as it is the most expensive component and directly affects the residual value.
What determines the residual value of electric commercial vehicles?
The residual value of electric commercial vehicles depends on six key factors: battery condition, make and model, mileage, maintenance status, age and market conditions. These factors work together to determine the final value, with the battery having by far the biggest impact.
Battery condition forms the basis of valuation. A battery that still has 80% of its original capacity retains significantly more value than one with 60% capacity. Most manufacturers provide an 8-year battery warranty, which reassures buyers.
The make and model determines demand on the second-hand market. Well-known brands such as Volkswagen, Ford and Mercedes-Benz hold their value better than lesser-known electric brands. The type of commercial vehicle also plays a role: rigids are more popular than double-cab vans.
The mileage affects both battery life and overall wear and tear. Electric commercial vehicles with lower mileage retain more value because the battery has undergone fewer charge cycles.
Market conditions such as subsidies, tax breaks and demand for sustainable mobility determine how much buyers are willing to pay for used electric utility vehicles.
How does the value trajectory of electric versus diesel company cars differ?
Electric commercial vehicles lose value faster than comparable diesel models in the first three years, but stabilise thereafter. Diesel commercial vehicles follow a predictable depreciation pattern of 15-20% per year, while electric vehicles may initially depreciate 25-30% per year.
The faster turnover in value of electric commercial vehicles is due to technological progress. New models have a longer range and better charging capabilities, making older electric vehicles less attractive. For diesel commercial vehicles, the technological leaps are smaller.
The market acceptance also plays a role. Many companies are still cautious about used electric commercial vehicles because of uncertainty about battery life and charging infrastructure. This limits demand and depresses prices.
However, from 2025, this pattern reverses with the introduction of BPM on new diesel commercial vehicles. Electric vehicles become more fiscally attractive, increasing demand for used electric commercial vehicles and stabilising the value trend.
For business decision-making, this means that with electric commercial vehicles you have to take into account higher depreciation in the first few years, but also future benefits due to stricter environmental regulations and access to zero-emission zones.
What role does the battery play in the residual value of electric commercial vehicles?
The battery determines 60-70% of the residual value of electric commercial vehicles. A battery in good condition with at least 80% of its original capacity retains significantly more value than one that falls below this limit. Battery replacement costs between €15,000 and €25,000, which drastically affects the residual value.
The battery capacity gradually decreases with use and time. After 8-10 years or 150,000-200,000 kilometres, a battery usually has 70-80% of its original capacity left. This is acceptable for daily use, but does affect the market value.
Battery warranties offer protection for buyers. Most manufacturers guarantee 8 years or 160,000 kilometres that the battery retains at least 70% capacity. This warranty is transferable to new owners, which supports residual value.
You can check the battery status through the vehicle dashboard or by diagnostics at an authorised dealer. Note the State of Health (SoH)-percentage: this indicates the current capacity compared to new.
When buying a used electric utility vehicle, always ask for the battery status and check if the warranty is still valid. When selling, make sure you have documentation on battery condition and maintenance.
Battery replacement costs, although gradually decreasing due to technological developments, remain an important factor in the valuation of used electric utility vehicles for the time being.
How can you best estimate the residual value of electric commercial vehicles?
You estimate the residual value of electric commercial vehicles by using online valuation tools, viewing comparable vehicles and checking battery status. For an accurate valuation, consult a specialist or authorised dealer experienced in electric commercial vehicles.
Online valuation tools such as those provided by BOVAG or AutoTrack give an initial indication of value. Enter the registration number and check that the tool takes electric drive and battery condition into account. These tools are getting better and better at valuing electric vehicles.
Compare your vehicle with similar ads on platforms such as AutoScout24 or Marktplaats. Look for vehicles with the same year of manufacture, make, model and similar mileage. Also check if sellers provide information on battery status.
Check these factors at valuation:
- Battery capacity and warranty status
- Maintenance history and servicing
- Original range versus current performance
- Presence of charging cables and documentation
- Any software updates and recalls
Professional valuation is recommended for more expensive electric utility vehicles or when you have doubts about the battery condition. An authorised valuer can assess the technical condition and take into account market conditions.
For business lease returns, check the pre-agreed residual value in your contract. Leasing companies often use conservative estimates for electric vehicles, which can be advantageous at contract expiry.
How Van den Hurk helps with electric commercial vehicles
We help you with a transparent value assessment of electric commercial vehicles by combining our 60 years of experience in the commercial vehicle industry with knowledge of sustainable mobility. Our specialists assess battery condition, technical condition and market value to offer you the best deal.
Our services for electric commercial vehicles:
- Professional value assessment including battery status
- Transparent prices with no hidden costs
- Flexible leasing options adapted to electric driving
- Guidance on the transition to electric mobility
- Support with subsidies and tax benefits
- Aftercare and maintenance by recognised specialists
Whether you want to sell your current electric utility vehicle or are looking for a reliable used one, we provide an honest valuation and personal service. Our stock of electric commercial vehicles is constantly growing and we are happy to help you find the perfect match for your business.
Contact us for a no-obligation valuation of your electric commercial vehicle or drop by our showroom in Helmond to see our range.
