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Used Evs

All articles tagged with #used evs

technology6 days ago•4 min saved

Most Used EV Batteries Stay Above 95% Capacity, UK Study Finds

A UK Generational study of more than 8,000 EVs tested in 2025 found an average battery health of about 95%, with degradation largely tied to age and usage rather than mileage. Even 8–12-year-old EVs can retain over 85% of their original capacity, though the spread widens with age. Extreme fast charging, deep discharges, and cold climates accelerate degradation. The findings suggest used EVs are generally healthier than feared and underline the need for independent battery-health testing to aid buyers and resale values.

via InsideEVs|

#aging-evs #battery-degradation #ev-battery-health

business12 days ago•3 min saved

Off-Lease EV Surge Could Flood U.S. Market with Cheap Used Cars

A wave of off-lease EVs is about to hit the U.S. market thanks to IRA-driven subsidies and aggressive lease deals that made EVs cheap to lease; as 24–36 month leases expire, used-EV supply will surge, depressing prices in the near term with a peak around 2028, though the batteries typically hold up well and the glut could ultimately expand affordable EV adoption.

via The Drive|

#business #depreciation #ira

technology7 months ago•7 min saved

Final Opportunity for a Great Deal on a Top Electric Vehicle

The article highlights the opportunity to buy affordable, high-quality used electric vehicles, especially Tesla Model 3s, before government rebates end on September 30, due to market shifts and the availability of well-maintained, warranty-backed used models at significant discounts, making now an ideal time for consumers to switch to EVs.

via CleanTechnica|

#electric-vehicles #ev-deals #government-rebates

business7 months ago•3 min saved

Upcoming EV Tax Credit Changes and Their Impact on U.S. Car Buyers

The $7,500 federal EV tax credit will expire on September 30 after President Trump signed the Big Beautiful Bill, making it a good time for potential buyers to purchase new electric vehicles before the incentive ends. Used EVs also qualify for a smaller tax credit, and market competition may influence prices and incentives in the future. If you're planning to buy an EV and can afford it, it's advisable to do so before the credit expires.

via Business Insider|

#business #car-buying #electric-vehicles

technology2 years ago•3 min saved

Cracking the Code: Evaluating the True Value of Used Electric Vehicles

Startups are racing to develop and implement battery health and performance tests for used electric vehicles (EVs) to help buyers accurately assess the value of secondhand EVs. Unlike traditional combustion-engine cars, the value of EVs depends largely on the battery's driving range and ability to hold a charge. Companies like Altelium and Aviloo have developed battery tests that can quickly measure battery health, enabling more transparent and reliable transactions in the used EV market. The lack of visibility and concerns about battery life have contributed to lower used EV prices compared to fossil-fuel models. Properly valuing used EVs is crucial as the market is expected to see a significant influx of vehicles in the coming years.

via Reuters|

#battery-health #ev-battery-tests #secondhand-market

business2 years ago•5 min saved

Changes to Electric Vehicle Tax Credits and Alternatives.

The number of new electric vehicles eligible for a $7,500 federal tax credit fell by almost half on Tuesday, as new rules issued by the U.S. Department of the Treasury took effect. However, consumers in the market for an electric passenger vehicle can still access a tax break by instead buying a used EV or leasing a vehicle, experts said. The Inflation Reduction Act also created a tax credit for consumers who buy used electric or fuel-cell vehicles. The tax break for used cars, which took effect in 2023, is worth $4,000 or 30% of the sale price, whichever is less.

via CNBC|

#business #electric-vehicles #inflation-reduction-act

business2 years ago•4 min saved

Navigating Changes to Electric Vehicle Tax Credits: Workarounds and Discounts

The Inflation Reduction Act has set manufacturing requirements for new all-electric and plug-in hybrid vehicles to qualify for the full $7,500 tax credit. The final two requirements will kick in on April 18 and phase in over a few years, which may cause the current list of cars that qualify for the credit to fall in number. However, consumers can still get a tax credit by buying a used EV or leasing a new electric passenger vehicle. The used vehicle credit applies to a broad selection of cars, while the leasing tax benefit doesn't carry the manufacturing requirements attached to purchases of new cars.

via CNBC|

#business #electric-vehicles #leasing

automotive2 years ago•2 min saved

Used Electric Vehicle Sales Surge in Q1, Driving Market Growth.

Used electric vehicle (EV) sales in the US increased by 32% in Q1 2022, with analysts forecasting new EV sales to reach one million for the first time this year. The average price of a used EV was around $43,400, down 4% from last year, and well below the average cost of a new model. As new EV sales continue to climb, more used models are becoming available, and used EV sales are expected to increase rapidly. Tesla's recent price cuts have influenced much of the market, with several automakers following suit.

via Electrek.co|

#automotive #electric-vehicles #market-trends