Used vehicle prices in the D.C. market have fallen dramatically over the past year. Vehicle search site iSeeCars.com says the average price of a used 1- to 5-year-old EV has dropped 27.4% over the ...
The once large gap between used prices for C8 and C7 Corvettes has shrunk, Hagerty reports. Increased availability and new models like the Z06 and E-Ray have pushed down C8 prices. Despite the C8 ...
Used car prices began dropping significantly in early 2024. Prices were at a during the pandemic when a chip shortage led to low vehicle production. There are some surprising vehicles on this ...
According to the Consumer Price Index, the cost of used cars has decreased 10.4 percent in the past year. "Supply is not really an issue right now," said Brian Moody, senior editor for Kelley Blue ...
Tesla's price cuts have led to a 70% increase in used EV sales in the first half of 2024. The average price of a used EV has dropped below $30,000, making them more affordable than gas-powered cars.
Retail sales of used vehicles at independent and franchised dealers jumped by 8% in August from July, and by 14% year-over-year. For June, July, and August combined – which irons out the effects ...
Tesla Model 3, Kia Niro EV, and Maserati Levante saw the biggest price drops. Six out of the seven vehicles with the sharpest depreciation are electric models. Used EVs lost value four times ...
Prices of used Teslas have been in a freefall since 2022. Price cuts and a dump from Hertz hastened the decline in Tesla's resale values. It's another sign Tesla's dominance in the electric ...
Sales of used electric vehicles (EV) have fallen in 2024, and so have their prices. A new study by automotive website iSeeCars.com shows the average EV is now selling for 11% less than the ...
Prices for bigger-ticket goods like furniture and used cars are falling despite overall inflation. The consumer price index rose by 2.5% year over year, but durable-goods prices have declined.
Now is a great time to purchase a used electric vehicle. The average price for a used EV has dropped about 20% compared to this time last year, according to Edmunds transaction data. To top it off ...
Canva, the design platform, is increasing prices steeply for some customers. And it’s blaming the move in part on generative AI. On an individual user basis, Canva Teams prices are now $100 per ...