Used EV Prices Plummet 32% As Tesla Price Cuts Hit Industry
A series of aggressive price cuts caused the value of used Teslas to fall 28.9%.
A series of aggressive price cuts caused the value of used Teslas to fall 28.9%.
Inside Creative House / iStock.com of US car market I shifted into a lower gear in just a few months. After average car prices hit record highs last summer, some analysts are now predicting an oversupply of cars will spark a price war and cause prices to plummet. Dave… Source: finance.yahoo.com
(Image: Stellantis | Maserati) Depreciation is a cruel woman, but it can affect you in both directions depending on which side of the market you are on. New and used car values have been a minefield in recent years. Because the value of almost every car is skyrocketing… Source: tflcar.com