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The media do seem to play a big part in this - I assume that being paid by number of views exacerbates the issue and encourages them to keep on churning out similar articles.
Back in 2008, SUVs were the fashionable thing to be scared of. My X5 was approaching 4 years old and I was looking to replace it. It was a facelift 4.4 V8 with lots of kit (a £60k list) and the best offer I could find was just £12k. The media nonsense had driven the value right down. So I kept it for 3 more years and 30k miles and sold for £11k.
Diesels took a major hit in the mid 2010s when the VW scandal broke. Gradually the media found something new to be afraid of and prices recovered.
I suspect a similar thing is happening to used EVs now. I imagine 3 years from now we’ll look back and see what a bargain the used EV market was in 2024
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