Prices of used electric cars jump faster and higher by almost -50% | Siam News

Prices of used electric vehicles decline the fastest and most vertically, approximately -50%.

The BTimes page revealed a message stating that on December 20, 2023, the prices of used electric cars clearly fell the fastest and fell the most, almost -50%, while the prices of used trucks had the least decline, falling by only -35%, revealing iSeeCars, a site that produces general and in-depth content about cars, and is one of the most popular sites in the United States, stated that the group of cars whose prices are declining rapidly are electric cars or electric cars, and the results of the survey found that the selling prices of electric cars or used electric cars have decreased in price. Faster and more by -49% compared to the prices of used cars of all categories and types of engines. During the past five years in a row, as follows:

1. EV -49%

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2. SUVs -41%

3. Hybrid cars -37%

4. Trucks -35%, and on average, used prices across all four groups found that used prices fell -39%.

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Factors affecting the price trend of used electric vehicles or EVs deteriorating more quickly declined further and the price fell to below the average price of used vehicles in all four vehicle categories due to the rapid slowdown in demand for electric vehicles this year in the United States. Which is a result of the economic slowdown and has very high financial costs. In addition, there are many policies to promote and subsidize the prices of electric cars in order to accelerate consumers' decision to purchase electric cars. In exchange for compensation to accelerate the production of electric vehicles in large numbers in the future.

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