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Economy

“Used EV price crash keeps getting deeper with ‘premium’ brand idea history”

“…The decline has been dramatic over the past year. In June 2023, average used EV prices were over 25% higher than used gas car prices, but by May, used EVs were on average 8% lower than the average price for a used gasoline-powered car in U.S. In dollar terms, the gap widened from $265 in February to $2,657 in May, according to an analysis of 2.2 million one to five year-old used cars conducted by iSeeCars. Over the past year, gasoline-powered used vehicle prices have declined between 3-7%, while electric vehicle prices have decreased 30-39%…”

https://www.cnbc.com/2024/06/16/used-ev-price-crash-gets-deeper-with-premium-brand-idea-history.html

EV’s are garbage. Dont buy them. Electric vehicles are one of the biggest scams in US history. I’ve listed all the flaws before so I won’t repeat myself. Just check the website history.  

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