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New electric vehicles cost thousands more than similar models that run on gasoline. But a growing number of shoppers are discovering that for used cars, often the opposite is true.

Used battery-powered vehicles often sell for less than comparable cars with internal combustion engines, making them a good deal even before calculating savings in maintenance costs and fuel. That is expanding the number of people who can afford to buy such models.

Sales of used electric vehicles rose 40 percent in July from a year earlier, according to Cox Automotive, a research firm.

  • bus_factor@lemmy.world
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    2 days ago

    To some extent that, to some extent that people notice concerns more than refutations of concerns.

    In the early days of electric vehicles, there were legitimate concerns about what would happen as the battery aged. None of them had aged before, and other devices (e.g. phones) were known to experience pretty severe battery degradation over time. People remember this concern. They do not remember that this turned out to be much less of a problem than anticipated, because good news doesn’t circulate nearly as widely as bad news.