Used Electric Vehicle Prices Plummet, Sales Overtake Most New Models

23 Oct 2023 | Abstracted from Inside EVs

"Used EV sales in the first half of 2023 surpassed the majority of new EV sales, according to the latest market report from battery health and data startup Recurrent...Used EV sales, as a segment, now dwarf the sales of every new EV model besides Tesla Model Y and 3

"All of this is good news for consumers looking to purchase used EVs, as their prices are at their lowest since the start of 2021...Thirty percent of used EVs also qualify for the $4,000 federal clean vehicle credit..."

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