The cost of buying a used electric car is plummeting-and that's great news for mass adoption, but bad news if you already bought one
Briefly

"Last year was really marked in terms of price declines... That burns people that already bought [an EV], unless you leased [your EV], you've lost a lot of money on your asset..." - Jeremy Robb, Cox Automotive.
"...used EV prices for leading models had fallen 27% year over year... many used EVs are roughly as cheap as comparable gas-powered cars." - Recurrent.
"...automakers have cut prices; the used market has helped fill the gap for budget-conscious buyers; and new tax incentives are allowing dealers to cut up to $4,000..." - Fortune.
"...Tesla's price cuts deserve most of the credit-or blame... for EV owners whose car's resale value has fallen because of the discounts." - Fortune.
Read at Fortune
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