If you want a car that retains its value and are considering buying a brand-new electric car, you may want to think again. Then Teddy points to a 2024 Mercedes-Benz EQE 350+ RWD going for $36,500 with only 14,000 miles on it. Used Gasoline-Powered Vehicles Retain ValueTeddy then highlighted the disparity between the values of used gas-powered vehicles. To further underscore the depreciation discrepancy between EVs and gas-powered vehicles, Teddy points to the Audi R8 which, he says, the E-Tron was marketed to replace. Now that those lease terms are expiring, the market is getting flooded with used EVs.