Dealer used car data for Australia shows resale prices for pre-owned electric vehicles (EVs) and plug-in hybrids (PHEVs) are falling faster than the wider market, which is itself softening over the record highs of mid-2022.
This insight comes from data supplied by Cox Automotive Australia, which found the price index for used EVs and PHEVs under four years of age was down around 25 per cent year-on-year (YoY) – a much faster rate of decline than the overall used market…
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