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InsideEVs
InsideEVs
Technology

FOUND: Tesla model 3 prices dropping like a lead balloon says study - What They Never Told You

  • Prices of one to five-year-old used EVs plummeted 25% over the past year.
  • The average price of a used EV in the U.S. is now $27,000, lower than the average price of used gas cars and hybrids.
  • Tesla Model 3, Kia Niro EV and Hyundai Kona Electric are among those leading this plunge.
  • The price drop is accelerating their sales, with fewer days spent on lots.

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