Arguments Why Used Electric Car Prices Are Likely To Go Up In October - CleanTechnica

The article discusses arguments from readers on why used electric vehicle (EV) prices are likely to increase in October, coinciding with the expiration of the $4,000 US tax credit for used EVs. Several contributors suggest that the removal of this credit, combined with the effective $7,500 price increase for new EVs (due to the loss of the new car subsidy), will make used EVs comparatively more attractive and valuable. Limited new EV inventory, higher new EV prices, and tariffs on imported EVs are expected to constrain supply and push buyers toward the used market, thereby driving up used EV prices. Additionally, economic factors such as a potential economic contraction could shift consumer preference from new to used vehicles, further supporting used EV price increases. Some readers also note that automakers currently do not profit from EV sales without regulatory credits, which may reduce incentives to lower new EV prices, reinforcing the upward pressure on used EV values. While some acknowledge uncertainty in these predictions, the consensus is that used