Used EV prices have plummeted, now stand below ICE prices

2020 Jaguar I-PaceAverage used EV prices fell below average prices for used gasoline cars in February, and have continued to decrease since then, according to iSeeCars. Used EV prices stabilized in 2023, after roughly two years of surges, but they've fallen significantly so far this year, iSeeCars found in an analysis released earlier this month. That trend is...