
- Used EV prices fell 20.5% year-over-year last quarter.
- Companies have had to cut new EV prices this year, which has pushed down pre-owned values.
- The good news is that if you want an affordable EV, the used market finally looks good.
It's a brutal time to sell and a helluva time to buy. The used EV market is in freefall, and it's current owners that are holding the bag. But if you've been looking for the time to get into a modern, long-range EV, it may be now.