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As of May 2024, the average price for a used EV was $28,767, per an iSeeCars.com study. ... who drives about 11,000 miles a year – saves 8.1 cents per mile on fuel by driving an EV.
The average EV price in July was $53,469 versus an average price of $48,334 across all vehicles. Despite their higher purchase prices, EVs can be more cost-efficient in the long run.
The price of used EV vehicles has tumbled compared to a year ago as well. A new study from iSeeCars , which tracks used car prices, finds that the average EV is now 33.7% cheaper than at this time ...
A recent study found that in the United States, the average price of a one- to five-year-old EV decreased 31.8% year over year, which equates to about $14,418. In comparison, the average price for ...
The following table compares official EPA ratings for fuel economy (in miles per gallon gasoline equivalent, mpg-e or MPGe, for plug-in electric vehicles) for series production all-electric passenger vehicles rated by the EPA for model years 2015, [1] 2016, [2] 2017, [3] and 2023 [4] versus the model year 2016 vehicles that were rated the most efficient by the EPA with plug-in hybrid ...
Cox said those price cuts helped bring average EV prices down nearly 18% over the course of last year. They are now nearing price parity ... put the average price of a used EV at $50,000 as ...
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