As uncertainty remains for the auto industry with the threat of tariffs, you might be thinking that cars are now unaffordable. But we’ve got good news for you, a tariff-proof used EV (electric vehicle) is more affordable than ever!
ARE USED VEHICLES TARIFF-PROOF?
According to iseecars.com, EV prices continue to fall in the used car market, even with gasoline cars continuing to rise.
In the article, EV’s were shown to drop by 10.1% in price, lowering by $3,602 in a single year. Conversely, overall used cars went up a percentage point, and SUV’s went up 3.5%.
As a reminders, cars already built and on the market are tariff-proof, since the car is built and all the car components that may have been imported have already arrived.
UP TO $4,000 USED EV TAX CREDIT STILL AVAILABLE
Finally, don’t forget about the $4,000 used EV tax credit! At the time of this article’s publishing, that tax credit remains intact, but you should definitely hurry to claim it.
Learn more on our EV Tax Credits page.
The bottom line is many of us are worried about the current economic market, and its effect on our pocketbook. Just remember, that tariff-proof used EVs are a silver lining to today’s current gray clouds.
Check back in to the Plug-In KC News Page throughout the month of “Affordability April” for more tips and resources on finding an electric vehicle that fits your budget.