Used Electric Car Prices Have Dropped Considerably: Many Models $25,000 Cheaper

Over the summer, prices plummeted for several models popular on used-electric-car lots. The price has fallen on certain used EVs by as much as $25,000 below their original sticker—so now is a good time for the budget-conscious to think about plugging in. That makes the price drop an opening for more people to take advantage of clean, electric driving without a considerable up-front cost. We examine the causes of this price erosion and share some insight on which models are getting devaluated most, along with how you can benefit from it.