"Used EV Prices Plummet Amid Sales Surge"

1 min read
Source: CNBC
"Used EV Prices Plummet Amid Sales Surge"
Photo: CNBC
TL;DR

Hertz is selling 20,000 used Teslas at no-haggle prices around $25,000 due to a slump in the EV market. This move reflects a slowdown in the transition to electric vehicles, despite their growing market share. Hertz's certified vehicles come with a 115-point inspection, a limited warranty, and potential tax credits, but may have higher mileage due to frequent rentals. The used EV market, particularly for Teslas, has seen significant price drops, making it a good time for consumers to buy.

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