Electric vehicle prices have seen a significant surge in recent weeks, with Tesla models at the forefront of the market rebound. According to a new report, used electric vehicle prices have increased by as much as 20% over the past year, with some models experiencing even more dramatic price hikes. This trend is largely attributed to the growing demand for eco-friendly vehicles, coupled with a shortage of new electric cars on the market. As a result, buyers are turning to the used market, driving up prices for popular models like Tesla's Model 3 and Model Y, which are in high demand among consumers.
Used EV prices surge as Tesla models lead market rebound ConsumerAffairs