Prices are dropping fast for used EVs. Scott Olson—Getty Images
Demand for electric vehicles isn’t just slowing for manufacturers. The price of used EV vehicles has tumbled compared to a year ago as well.
A new study from iSeeCars, which tracks used car prices, finds that the average EV is now 33.7% cheaper than at this time in 2022. And no manufacturer is spared from the drops.
The average EV sold for $34,994 in October, compared to…
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