Cap HPI flags EV unpredictability within a stable post-election market

Electric cars remain the most unpredictable and volatile fuel type in an otherwise stable market, according to experts at Cap HPI

In its mid-month analysis, it noted that used values, at three years and 60,000 miles, have remained relatively steady since the end of June, with only a 0.1% drop.

Historically, the average movement in July is a 1.1% decline, excluding 2020 and 2021. This year, July has shown more strength than usual, with a much smaller expected movement.