"Used EV Prices Plummet Amid Sales Surge"
TL;DR Summary
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.
- EV slump, Hertz fire sale take used Teslas to 'no haggle' $25,000 price CNBC
- EVs Are Suddenly Becoming Affordable The New York Times
- How a Boulder resident bought a used EV for less than $700 Colorado Public Radio
- While new electric vehicle sales are slowing, used sales are ramping up CNN
- Buying an Electric Car Could Save You up to $7,500 — With Caveats Business Insider
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
8 min
vs 8 min read
Condensed
95%
1,599 → 80 words
Want the full story? Read the original article
Read on CNBC