The Expert Podcast

…So there's a lot going on in the used electric vehicle market most of the news you see is about electric vehicles in the new car dealership inventories What, what happens with new EVs Well, with use DBS for a long time there was some dormancy in that marketplace There was not a lot happening but. Just this month. There's been an explosive growth in the interest in used EVs used EVs. Have been…first of all not really available because they didn't make that many new EVs for the last five or six years But now as more. them were produced in 2020 21 or 2019 through 21, you're seeing more coming into the marketplace and the interest is jumping through the roof.

At the same time, the pricing is starting to become more advantageous. Here's a chart to show us that. Evie prices are falling, so might be an opportunity to buy them. But at the same time you want to make sure that you get a good. Evaluation of the battery.

Because the battery is the most expensive portion of a used. vehicle. And if the battery is run through its lifespan and has nothing to do with mileage. It used to be on a combustion engine car. You could determine the useful life of that vehicle by looking at the mileage on the odometer, if it had 350,000 miles, it's probably worn out.

On electric vehicle the mileage is less important than the number of charges and how severely it was charged Hot weather cold weather fast charge. So you have to do some other type of testing You can't just go by the odometer, but at the same time, use electric vehicles are now starting to come into the market. So opportunities to test these batteries are more important now than ever. And finding these vehicles is tough too because the good ones get snapped up quickly So you have to do some really good searching to find a used Evie that's available for you to buy in your market area. So you don't have to travel too far to, to have it in your garage after you work a deal..