Heavy discounts on new electric vehicles and buyer skepticism about their durability continue to push down used EV prices, which experts say has opened up a traditionally pricey market to more U.S.
Wholesale used-vehicle prices fell 0.2% month-over-month but remained 2% higher than a year ago. BEVs led the market with a 6.4% year-over-year increase in wholesale values, outperforming ICE vehicles ...
The Manheim Used Vehicle Value Index for the wholesale market fell 0.2% in September from August but was still 2% higher than a year earlier. Seasonal adjustments drove the monthly decrease, as ...
Rivian produces adventure-ready electric vehicles with high power outputs and exceptional ground clearance. Many older Rivian vehicles have depreciated significantly, based on used model pricing.