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Used Tesla Prices Rise 4.3% While Rest of EV Market Drops After Tax Credit Ends
After the $4,000 federal credit expired, used Tesla prices rose 4.3% while other EVs fell 3.6%, causing a 20% drop in used EV market share, iSeeCars data shows.
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4 Articles
Used EV sales rise 21%, dealers have opportunity to 'capitalize'
The end of federal tax credit was no doubt a roadblock to the new electric vehicle market, and to some extent, the used EV segment, as well. But demand for used electric vehicles remains healthy, prices have eased and supply is plentiful. And that could mean opportunities for dealers, according to the Used Electric Car Prices & Market Report from Recurrent. “As used EVs leave behind the wild price volatility we saw in the first part of the decad…
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Total News Sources4
Leaning Left2Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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