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InsideEVs
InsideEVs
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Study Says 55% Of Used EVs Were Listed For Less Than $30,000 In Q2 2024

Used electric cars seem to be getting cheaper, a trend observed last year and one that continues into the second quarter of 2024. This price drop was most likely prompted by the massive and aggressive price cuts put in place by Tesla, which also affected the value of used examples, and it looks like the price of used Teslas dictates what other used EVs are worth in the US.

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