The average price of a new car today in the U.S. is $50,000. Runaway car prices, inflation and gas prices have pushed a lot more people into the used market.
Ignorance of EVs and the public’s unfounded distrust in used models (especially batteries) means used EV prices have consistently hovered on the low end of used car prices while offering buyers sometimes near luxury-level amenities for little money.
“In an expensive, affordability-constrained environment, used EVs represent the best value for consumers now,” said Kevin Roberts, director of economic and market intelligence at CarGurus, told the Wall Street Journal.
