Batteries and the tech becoming obsolete is one reason for EVs depreciating a lot, but a main reason why they’re often flooding the used market is because almost everyone (in the UK atleast) gets the more mid to high-end EVs on some sort of work perks benefit - i.e. a lease, which renews every 2-4 years. The discounts on EVs and obviously the tax benefits are huge in many cases, and most workplaces only offer EVs (no ICE) as options as a company car or a salary sacrifice lease. Again, this is from my experience in the UK, not elsewhere.

I’ve been shopping around for a new EV recently and it blew my mind how many Taycans there were listed on the used market considering the fact it’s meant to be a premium car. It’s only when I thought about why that I realised what was happening. It’s made me rethink buying a modern EV that will be flooded on the used market in 2-5 years time.

Absolutely love mine and really sad to see Audi end production. Ideally I would have wanted to make a lateral move several years from now rather than an upgrade to a V12 or modern hybrid V8, but choices are rapidly thinning. Not a Lambo guy myself, and Audi made one of the few understated supercars that are still around. Not sure what I’ll step into after this, but maybe it’s worth holding onto my R8 for it being the last of the V10s.