Used EV prices bottom out as bargains tempt buyers – Trending News

Used EV prices bottom out as bargains tempt buyers

Modest rise in the values of budget models gives hope to traders

Sustained price realignment sending used prices down further

At mid-October Cap HPI’s data showed the average value of used cars was down a further 2.1%, with its values experts expecting another 1% fall across all used car types by month-end.

Used car prices set to rise due to sustained inventory scarcity By Investing.com

As Used Car Prices Drop at Higher Rates, These Vehicle Types Have Retained Their Value

If you’re in the market for a used vehicle right now, there’s some good news. Using data from the Mannheim Used Vehicle Value Index, Cox Automotive recently reported that the seasonally unadjusted…

‘I’m a car expert – used electric car prices will soon fall for this reason’

Used electric car prices will soon fall which could break down one of the biggest barriers among petrol and diesel owners, according to experts.

BYD importer puts electric car depreciation in the spotlight

The fast-growing EV brand wants to see the back of price fluctuations as the market matures, citing negative impacts on resale values.