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Car finance firms losing “hundreds of millions” in EV depreciation want Govt support

Automotive

Car finance firms losing “hundreds of millions” in EV depreciation want Govt support

USATimes247 April 11, 2025

Car finance firms losing "hundreds of millions” in EV depreciation want Govt support

The BVRLA says the disparity in supply and demand for electric cars is resulting in weaker-than-expected residuals, which is costing firms millions

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