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New EVs stagnate, used EV prices have dropped up to 38% this summer(arstechnica.com)

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agedbeef@lemmy.world
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docmox@lemmy.world
1 point

Yep, demand has cratered as a result of inflation in other areas and high inflation rates. Watch what happens when student loan payments return.

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darganon@lemmy.world
5 points

This has to be Tesla pricing related, right?

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Galluf@lemmy.world
3 points

And generally more availability of cars which reduces the markup they can charge.

As well as people still only being able to afford the same monthly payment, but higher interest rates.

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shitescalates@midwest.social
4 points

Love to see the drop in used EV prices, but its got a long way to go. I’d love to replace my Volt with a full EV, but the price is still more than double what I paid for my Volt for something with decent range.

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