Used EV buying guide: The $30,000 edition
A strange thing is happening in the used EV market. Supply is up thanks to an ever-increasing stream of ex-lease cars reaching the market, and yet prices have been going up as well.
Reported by 1 outlet — Ars Technica. See all sources ↓
A strange thing is happening in the used EV market. Supply is up thanks to an ever-increasing stream of ex-lease cars reaching the market, and yet prices have been going up as well. As a result of America's latest war in the Middle East, used EVs have appreciated by just over 5 percent since February. Despite the stronger pricing, used EV sales have been strong this year—up 25 percent year over year by May, although a weaker June has brought overall sales up just over 20 percent year over year, according to the analysts at Cox Automotive.
Read the full report at Ars Technica ↗
Why it matters
A world story we're tracking; its significance and source trust firm up as more outlets confirm it.
- What's the story?
- A strange thing is happening in the used EV market. Supply is up thanks to an ever-increasing stream of ex-lease cars reaching the market, and yet prices have been going up as well.
- How widely is it covered?
- 1 outlet, average source rating 7.0/10.
- When was it last updated?
- 1m ago.
How outlets are framing the same story
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- Coverage card1 outlet1CoverageScouting report
Used EV buying guide: The $30,000 edition
Sources1TypeCoverageArs Technica