Used EVs at Today's Prices: A Smart Buy or Money Pit?

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  • Description:
    • The Market Shift: Used electric vehicle (EV) prices are dropping significantly, making them an attractive option. Dealers are struggling to sell EVs due to high supply and low demand.
    • Excess Supply from Fleets: Many companies and fleets (like Hertz and Enterprise) that purchased EVs in the past few years are now offloading these low-mileage vehicles into the market, creating an oversupply.
    • Opportunity for Buyers: This surplus has led to competitive prices on used EVs. If you're in the market for a second vehicle or a commuter car, this might be a good time to consider a used EV.
    • Cost Comparison with Gas Cars: Gas and hybrid cars are still expensive, making used EVs a potentially better deal, especially if charging at home is an option.
    • Join the Discussion: Share your thoughts—would you consider a used EV over a gas vehicle if the price is right?
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Used EVs at Today's Prices: A Smart Buy or Money Pit?
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