Tag Archive for https://savvy.com.au/car-loans/car-depreciation-comparison/

Savy: Used EV prices plunging as much as 48%, creating a buyer’s market

Savvy analysis shows several popular electric vehicles are now selling at steep discounts on the second-hand market. Savvy’s analysis of RedBook vehicle pricing data highlights how rapid pricing competition in the electric vehicle market is pushing down resale values for some early models. As manufacturers introduce new EVs and adjust pricing to stay competitive, used…