Stellantis It's no secret that EVs depreciate faster than their ICE counterparts. Used EVs haven't had enough time on Earth to ease buyer worries, despite data saying their batteries and electronics hold up just fine. But there's a difference in what's seemingly reasonable depreciation, and then there's Edmunds' recent loss of a whopping near $50,000 on the sale of its own long term Charger Daytona EV. Color us a little surprised. Though, when Dodge introduced its muscle car-turned EV, it was of course met with mixed reviews. Dodge's EV was the first true electrified muscle car, and the brand's first foray into the electric segment. For a brand that has been promoting its American brawn, it was certainly an interesting choice to electrify. The problem though was the people who want to buy muscle cars don't really want to drive EVs, and truthfully, most people who want to drive EVs don't want to buy a Dodge product. Seeing the Dodge Charger Daytona EV's depreciation in the cards Stellantis The Charger EV did fine upon its market debut, but the sales figures were a far cry from Charger-level. Six months into the EV's availability, Jalopnik reported that Dodge was offering some sweet lease deals on its 2024 models. With a little money down and the magic EV tax credit, one could lease a Daytona EV for less than $300/month. Not five months later, Jalopnik found the 2025 Daytona Charger EV listed at $41,987 (sticker $62,385). That's over 30 percent depreciation in less than a year. Kelly Blue Book tracked a similar trend in market pricing for Charger Daytona EVs in 2025. The 2024 used R/T coupe two-door model originally $61,590 had a fair purchase price a year later of $30,000. The Scat Pack Couple two-door originally $70,190, had a fair price of $36,700. Both models saw about a 50 percent decrease in value in that short time. EV models may depreciate, but that kind of loss is typically seen after closer to five years and that's without the car experiencing any glaring issues. So that leaves us with Edmunds' 2024 Scat Pack Stage 2 Coupe EV purchased for around $82K before taxes and fees (thanks to a little discount from Dodge). At the time of sale, the car had accrued just under 7,000 miles. Unfortunate for Edmunds, if KBB's market pricing was spot on, and it's been nearly a year since that article, the car selling for $35,000 might be painfully correct. When it passes EV expectations and still can't close the deal Stellantis Edmunds' staff certainly had thoughts about the general nature and feel of the EV, and general consensus was it was time for the car go to. But it wasn't a problem child. There were a couple of odd things that happened like the battery getting stuck in accessory mode, which a jump to its 12-volt battery seemed to have fixed. There was also the unintended acceleration incident that Edmunds later found was Dodge's "drive by brake" feature. But it was a better EV than some were expecting, even if the bar was set pretty low. Heck, it even beat the EPA's estimated range of 216 miles by 18 percent. It's not the first time Edmunds has taken a sizable hit selling one of its long-term EV vehicles. Just last summer it sold its long-term Fisker Ocean after nearly two years of ownership at a loss of almost $60K, with a comparable 7,853 miles — not much more than the Charger EV. The difference here is that Fisker had recently gone out of business, which affected its car prices. Edmunds also had a long line of receipts talking about the trials and tribulations that car faced which typically doesn't help a sale either. But Edmunds' experience with the Charger and the Fisker are not necessarily painting a picture for all EV depreciation. Just a matter that these two vehicles might have been unfortunately expensive special cases.
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