30 Jun '16, 4am

Plug-in Vehicles Are The Best Used Car Bargains

Plug-in Vehicles Are The Best Used Car Bargains

Have you been eyeing a new battery electric (EV) or plug-in hybrid vehicle (PHEV) but shied away because of price? If so, you should consider looking into the used car market. Prices for plug-in vehicles, both electric and hybrid, categorized as one to three years-old have dropped precipitously, making them some of the hottest selling and best deals around. The average price of near-new EVs has dropped $3,830 on average year-over-year, where conventional gasoline cars over the same time period have dropped just $242 according to a new study by used car aggregator, iSeeCars.com. “The market may have hit a sweet spot where the pricing has dropped enough to make these cars more desirable,” says the company’s CEO, Phong Ly. Contributing to the large numbers of used plug-in vehicles has been lucrative lease incentives offered by automakers. That means many of the used plugs-ins...

Full article: http://www.hybridcars.com/plug-in-vehicles-are-the-best-u...

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