Do You Think Used EV Prices Will Drop By $4,000 In 3 Months? - CleanTechnica

Source: cleantechnica
Author: @cleantechnica
Published: 7/5/2025
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Read original articleThe article discusses the potential impact of the expiration of a $4,000 tax credit for used electric vehicles (EVs) on their resale prices. The tax credit effectively lowers the cost of buying a used EV by $4,000, but some argue that this benefit is simply reflected in higher used EV prices rather than actual savings for buyers. In other words, buyers might pay the same total amount whether the credit exists or not, meaning that once the credit ends, used EV prices could drop by approximately $4,000.
The article also highlights the broader market implications if used EV prices do fall. Sellers of used EVs could face significant losses or choose to delay selling their vehicles, which may reduce the availability of used EVs and slow the overall electric vehicle market growth. This dynamic could negatively affect both buyers and sellers, potentially hindering the adoption of electric vehicles. The author invites readers to share their opinions via a poll and plans to report on the results, emphasizing the uncertainty around how much
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energyelectric-vehiclesEV-tax-creditused-electric-carsclean-technologysustainable-transportationautomotive-market