Report: Hybrid Cars Hold Value Better Than Electric Cars Over Five Years in Argentina Market Context

Chinese automakers are rapidly increasing their offerings in Argentina, introducing a broader selection of hybrid and electric vehicles. This expansion coincides with a global surge in electrified models, where China plays a central role. As more Chinese brands like BYD, Haval, and Chery establish themselves, questions arise about the long-term support and resale value of these vehicles in the Argentine market.

A recent report from the United States, analyzing over 950,000 five-year-old used cars sold between March 2025 and February 2026, provides insight into depreciation trends. The study found that electric vehicles lose an average of 57.2% of their value after five years. In contrast, hybrid vehicles experienced a much lower average depreciation of 35.4%, significantly outperforming the overall market average of 41.8%.

This trend marks a notable shift for hybrid technology. While hybrids depreciated by 56.7% in 2019, their performance has since improved dramatically. The used car market has increasingly accepted hybrids, driven by consumer interest in fuel efficiency and lower running costs, without the charging infrastructure concerns associated with fully electric vehicles. The report suggests that factors such as rapid technological advancements, the introduction of new models with longer ranges, and declining prices for new electric cars contribute to their higher depreciation rates.