• Galluf@lemmy.world
      link
      fedilink
      English
      arrow-up
      3
      ·
      1 year ago

      And generally more availability of cars which reduces the markup they can charge.

      As well as people still only being able to afford the same monthly payment, but higher interest rates.

  • shitescalates
    link
    fedilink
    English
    arrow-up
    4
    ·
    1 year ago

    Love to see the drop in used EV prices, but its got a long way to go. I’d love to replace my Volt with a full EV, but the price is still more than double what I paid for my Volt for something with decent range.

  • docmox@lemmy.world
    link
    fedilink
    English
    arrow-up
    1
    ·
    1 year ago

    Yep, demand has cratered as a result of inflation in other areas and high inflation rates. Watch what happens when student loan payments return.