Tesla Drivers Are Flipping Their Cars For Big Profits--What's Next For The Electric Car Market
Download MP3Our used electric vehicles the next Bitcoin Well the fact that there's a chip shortage For new vehicles and the fact that electric vehicles are really increasing in popularity it means that many used EVs are selling for a profit over what they sold for new And the article in the LA times proved that Electric vehicles are so hot that Some Tesla owners are flipping their
To make a profit Now granted when you sell it now you have to get another one Which might be hard to do or impossible But if you're going to sell it anyways then you could make money The point of the matter is Electric vehicles in the used car market are on fire There are many late model electric vehicles that you can't get at the new car lot anymore because they're sold out and people are willing to pay big money To get a used one Some of the more popular ones are the Hyundai The Kia some of the Porsche and Audi models and the Tesla those are the biggest ones that have a big following with used car buyers What does that mean for you If you're looking for an electric vehicle Well if you have one and you're not sure if you're going to keep it now might be the time to sell it The new car inventory should start to ease up the end of this year maybe in 2023 The fact that most government agencies and the manufacturers want to get to a higher percentage of electric vehicles means that they're going to do whatever they can to get the cars out there Right now New car Electric vehicle sales is roughly seven or 8% of all sales But That's up from 1% just a couple of years ago So people are starting to adopt this going from 1% to seven It doesn't seem like a big thing but it's seven times 700% increase Where Gasoline vehicles are starting to decrease Is that going to continue We'll accelerate who knows but right now Use the electric vehicles are a hot commodity If you can find one or get one or fi maybe have somebody that you know is leasing one that's gonna do a lease end and turn in You might have an opportunity To get a great car for a lower price or make a a profit.
