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EV Prices Defy Used Car Trend

The Electric Vehicle Price Paradox: A Surprise for Buyers and Sellers The used car market has long been governed by a fundamental rule: prices depreciate over time.

However, recent trends have shattered this assumption, leaving industry experts perplexed. Prices for used electric vehicles (EVs) are not following the "law of used cars," instead appreciating by 5.

1% from January to June and a staggering 7% year to date through mid July.

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