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Kiplinger
Kiplinger
Business
Choncé Maddox

Used EV Prices Are Falling — Here's How They Compare to Gas Cars Now

(Image credit: Getty Images)

Gas prices rarely stay predictable for long. And when fuel costs swing, many drivers start reconsidering their options at the dealership.

That shift is showing up in the electric vehicle market. After years of higher sticker prices, electric and hybrid vehicles are becoming more financially competitive with traditional gas-powered cars, especially in the used market.

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