Submitted 1 month ago by along_the_road@beehaw.org to technology@beehaw.org
https://arstechnica.com/cars/2026/04/used-ev-sales-spike-alongside-gas-prices/
The real reason they cite is also quite interesting. Tons of leased vehicles are coming to market.
Analysts attribute the surge to a glut of hundreds of thousands of cheap pre-owned EVs that were purchased on leases in the early 2020s and which are now returning to market as those leases expire. According to credit bureau Experian, EVs will account for 15 percent of all off-lease vehicles at the end of this year, up from 7.7 percent in the first quarter.
Got a Chevy Bolt used with a battery replacement after their warranty debacle. They had a glut of them due to that. Never looked back. It got me, realistically, 200+ miles of range. I never had a problem. No mechnical, no range issues, nothing. I’ve never had a flawless car experience.
If you have the ability to charge at home or reliably at work, get an EV. There is nothing to fear.
A relative of mine switched to a BEV - KGM Torres EVX, a bargain from South Korea with 462 km (287 mi) WLTP range, which he regularly exceeds - after years of driving plug-in hybrids from Mitsubishi just a few months ago. He obviously could not be happier, given current gas prices (except that the driver’s seat holds up exactly as poorly as on the Mitsubishis). He does not have a wall box, by the way: All of his charging is done through public chargers and a slow wall outlet at work. At between €28 and 36 per full recharge, it’s a very cheap car to drive.
Even when he was driving his prior hybrids, he was barely ever using the internal combustion engine - to the point that the car would occasionally warn him to refresh the gas in the tank - since he was doing almost all of his driving in EV-mode.
Used EVs with an effective range of more than 50 miles are already massively expensive.
This becoming true again because of waves hand at everything going on but trend wise this has not been true for the last few years. It is also not true outside the US.
Sigh…do all the math.
Soulphite@reddthat.com 1 month ago
Which means guys think their teslas are now worth double what they paid. Nah bro.
Wiz@midwest.social 1 month ago
It’s impossible to get the tech-bro incel funk out of them.
SaveTheTuaHawk@lemmy.ca 1 month ago
I KNOW WHAT I GOT.
SteevyT@beehaw.org 1 month ago
Fucking Corvette owners man.