00:00 Speaker A
And as we see consumers maybe become a bit more choosy about the types of cars that they’re purchasing for both gas-powered cars along with EVs. What’s the used car market been like? And and how does that compare to some of these newer vehicles on the market?
00:20 Brian
Well, one thing we know is that electric cars tend to depreciate very rapidly. So whenever you see analysis of the cost to own, factor in initial purchase price and depreciation. The good news for consumers is that if you’re looking for an electric car, a used electric car will be an amazing bargain. Like they are really competitive in terms of pricing. But at the same time, you get lots of compelling features and you get lots of cool safety equipment. So it can work out for…more
Source finance.yahoo.com
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