"For buyers, it's a great time to pick up a used electric car as more than a third of the used electrics are available under $25,000."
"Used electrics have been more in demand than gas-powered ones in five of the last seven months, indicating a shift in consumer interest towards EVs."
Tesla's promise of an affordable $25,000 car has yet to be realized, but used Model 3s are now available around $20,000. Many global EV manufacturers are struggling, yet it's currently an excellent time for buyers interested in used electric cars. Over a third of available used electrics are under $25,000, and over fifty percent are under $30,000, offering competitive pricing compared to new cars. There is increasing demand for used EVs, with some federal tax credits expiring soon, driving consumer interest even further.
Read at WIRED
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