Used EVs are about to flood the market. How dealers can profit
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
A large number of used electric vehicles are expected to enter the market, potentially due to a significant number of leased EVs coming off lease. This influx may lead to lower prices for used EVs, which could encourage more buyers to consider purchasing a used electric vehicle. The exact number of used EVs expected to flood the market is unclear, with estimates ranging from hundreds of thousands to over a million.
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