The Expert Podcast

• The chip shortage and rising popularity of electric vehicles (EVs) are driving up prices in the used car market.
• Some used EVs are selling for more than their original new price.
• The LA Times reports that Tesla owners are flipping their cars for profit.
• Popular used EVs in high demand: 
  • Hyundai and Kia models
  • Porsche and Audi models
  • Tesla
• If you own an EV and are unsure about keeping it, now might be a good time to sell.
• New car inventory is expected to improve by late 2022 or early 2023.
• The push for higher EV adoption continues, with sales rising from 1% to 7% in just a few years.
• Gasoline vehicle sales are decreasing as EV adoption grows.
• If you're looking for a used EV, you might find a good deal from someone ending a lease.