An Influx of Used EVs Could Lower the Prices of Electric Cars

SummaryA massive wave of expiring leases is aggressively expanding the secondary electric vehicle market, offering buyers an affordable entry pointSurging gas prices and tightening overall used-car inventories are pushing consumer demand toward pre-owned battery-powered ridesPrices for used EVs are stabilizing near parity with traditional gas vehicles, rewriting the rulebook on automotive affordabilityThe automotive landscape is undergoing a massive cultural and financial shift as used electric ...