The supply of new EVs outnumbers used EVs at a 3 to 1 ratio.
The supply of new EVs outnumber used ones at a 3 to 1 ratio. Kia, Ford, and Chevrolet are the most searched-for brands by new EV buyers. Searches for Tesla are the biggest for used EV shoppers. Unfortunately, or fortunately, if you’re a bargain hunter, you probably aren’t hallucinating. There are crazy deals on EVs of all types, both new and used. These deals are great for buyers on a budget; they’re able to get far more car with less money.
The scary-low resale of the Tesla Model 3 might not be great news for buyers wanting to trade in or move on, but its low pricing has a chokehold on used EV hopefuls. For new buyers, Kia, Ford and Chevy are the searches that are enticing new buyers. Get the best news, reviews, columns, and more delivered straight to your inbox. Sign up For more information, read ourPrivacy Policy and Terms of Use. I see why.
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