Used EVs are an ‘amazing bargain’ for car buyers

00:00 Speaker A

As we have seen, consumers can be a little more selective about the types of automobiles they buy for cars that work with both gas with EVs. How was the used automobile market? And how is it compared with some of these new tools in this market?

00:20 Brian

One thing we know is that electric cars are prone to depreciation very quickly. Therefore, every time you see the analysis of the cost of ownership, the first purchase price and the factor in depreciation. If you are looking for a good news for consumers, an electric car, a used electric car will be an incredible bargaining. It’s really competitive in terms of pricing. However, at the same time, you get a large number of compelling features and you get a lot of great security equipment. Thus, if they are looking for a well -used electric car, it can work for consumers.

00:53 Speaker A

And finally, for those who want to buy or trade, the end of the year is often the time when we see the most agreements, the most tax incentives. Is that this time, or has this game book changed a little bit with the end of these tax loans?

01:14 Brian

I think there are a few things that pressure on it. Of course, you will see a little. It will be the model according to the model, not by the brand. But the two things we see are the end of the incentives and tariffs. All this can have the potential to make 2026 cars more expensive, so you can get a discount in 2025, but probably that. In the future, not every car manufacturer can absorb tariffs as many now do.

01:46 Speaker A

Okay, Brian, a lot to think about as the end of the year. Discretion. Thanks a lot.

01:52 Brian

Thanks.