"Used Teslas Are Getting Cheaper, But Buyer Beware"
TL;DR Summary
While new electric vehicle (EV) sales are slowing, used EV sales are increasing due to factors like federal tax credits, price drops, and a surplus of affordable Tesla models. Searches and sales of used EVs have surged on platforms like Cars.com, TrueCar, and Carvana. Federal tax credits of $4,000 for pre-owned EVs, which can be applied at the time of sale, are making EVs more accessible to middle-income buyers. Despite rising demand, used EV prices are falling due to increased supply and price cuts on new models, particularly from Tesla.
- While new electric vehicle sales are slowing, used sales are ramping up CNN
- EVs Are Suddenly Becoming Affordable The New York Times
- Wicked Low Prices On Used Teslas — Just A Few Things To Watch Out For CleanTechnica
- Used Teslas are getting very cheap, but buying one can be risky Ars Technica
- Buying A Used Tesla Model S? Here Are Some Issues To Look Out For InsideEVs
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