Battery-electric vehicles (BEVs) have achieved their highest retained value in the Canadian Black Book awards. The winners in the various categories retained at least 82 per cent of their original value.
Taking the top crowns in the four overall brand awards. The awards also saw battery-electric vehicles (BEVs) hit their highest retained value , with the category winners reaching at least 82 per cent of their original value. The awards measure four-year-old vehicles by how much value they retain of their initial manufacturer’s suggested retail price (MSRP), with these 2023 awards going to model-year-2020 vehicles.
The company also hands out awards for Black Book noted that the average retained value across all 2020 vehicles in Canada was 77 per cent of the MSRP. That was down from 80 per cent in the 2022 awards, but that was also when used-vehicle prices were at an all-time high due to supply-chain issues that limited the availability of new vehicles — and, amazingly, some were valued at All the winners in the 2023 awards, in the various categories, retained at least 82 per cent of their MSRP. Canadian Black Book added BEV categories in 2021, and the company noted that it’s the first time electric vehicles have scored that hig
Battery-Electric Vehicles Retained Value Canadian Black Book Awards
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