Electric vehicles, both new and used, remain more expensive than comparable models that are gasoline-powered. But the gap is closing rapidly. After skyrocketing during the pandemic, used car prices across the board are softening, with the average annual decline running 3.6% in Denver and 5.1% nationally as of October, according to a . For used electric vehicles (EVs), prices are down by about a third nationally in the past year. And if that trend continues, it is only a matter of time until used EVs will not only cost less to power and maintain but also to buy. “Used electric vehicles are facing a combination of lower prices for…
