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New electric vehicles cost thousands more than similar models that run on gasoline. But a growing number of shoppers are discovering that for used cars, often the opposite is true.
Used battery-powered vehicles often sell for less than comparable cars with internal combustion engines, making them a good deal even before calculating savings in maintenance costs and fuel. That is expanding the number of people who can afford to buy such models.
Sales of used electric vehicles rose 40 percent in July from a year earlier, according to Cox Automotive, a research firm.
It’s funny how five years ago you couldn’t even get an EV because Of supply chain issues. People were paying well more than they were worth.
These wildly fluctuating prices should really be turning off consumers
What do you think about these price fluctuations?
I just heard news Chinas EV market imploding with too many unsold EVs. Wait a year and a new EV might drop to what are currently used prices.
https://www.theatlantic.com/international/2025/11/china-electric-cars-market/684887/
That’s what I’m hoping anyway. The world needs affordable cars, not a hype train cars.
Chinese EVs have massive tariffs in the west, so I wouldn’t count on this actually happening, unfortunately.
I’d buy one of those Chinese Evs they’re like $15k USD lol.