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Used Car Prices Stabilize as Used EV Prices Continue To Fall Used car prices have settled around $30,000 even as used EVs fall below $28,000 The 10 Best and 10 Worst Times To Buy a Used Car These are the best and worst holidays and months to get a good deal on a used car ...
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Tesla may also be incentivized to slash prices again on some new models since it is expected that many new Model 3 vehicles will no longer receive a new-car EV tax credit in 2024. Used EV sales volume in 2024 will increase by roughly 100% over 2022 and 40% over 2023. ...
In the fourth quarter of 2023, about 288.5 million vehicles were in operation in the United States, an increase of under one percent year-over-year. The rising demand for vehicles paired with an overall price inflation lead to a rise in new vehicle prices. In contrast, used vehicle prices ...
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