Used electric vehicles (EVs) are proving to be a surprisingly affordable option for budget-conscious car buyers, with many models available for under $25,000. Despite the expiration of federal tax credits that once made EVs more attractive, a surge in lease returns is flooding dealership lots with affordable, low-mileage EVs. As a result, consumers can now find previously leased EVs from top manufacturers like Tesla, Hyundai, and Kia at significantly lower prices than their sticker value. With the cost of ownership for EVs continuing to decline, it's an exciting time for those looking to make the switch to electric without breaking the bank.
Tax credits vanished, but used EVs are still selling under $25,000 as lease returns flood lots Yahoo Autos