Japan's Electric Vehicle Incentives Spark Shocking Price Drop: New EVs Now Cheaper than Used Ones. In a surprising turn of events, Japan's government subsidies for electric vehicles (EVs) have made brand-new Nissan models priced at around $3,500 more affordable than their used counterparts. This phenomenon is largely attributed to the generous incentives offered by the Japanese government to encourage the adoption of eco-friendly transportation. As a result, consumers are now opting for the latest EV models, leaving a surplus of used vehicles on the market. The implications of this trend are far-reaching, and experts are closely watching to see how the used car market adjusts to this new reality.
$3,500 Nissan: Japan's subsidies make new EVs cheaper than used ones Nikkei Asia
