High gas prices are pumping up used EV sales: these are FLYING off the lot
Elevated fuel costs and widespread new car affordability challenges are pushing used car buyers toward electric vehicles at unprecedented rates. The surge in consumer demand for used EVs is outpacing available supply, resulting in rapid inventory turnover at dealerships.
Key points
- Gas prices and car affordability crisis driving used EV demand
- Used EV inventory being depleted faster than supply can replenish
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