Confirmed! While used EV sales rose in Australia in 2024 resale values fell … by a lot!

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While used battery electric vehicle sales climbed dramatically in 2024 their values plunged according to a new report released this week. The 2024 Automotive Insight Report (AIR) was compiled by automotive data analytics experts AutoGrab in partnership with the Australian Automotive Dealer Association. The report found the used EV market experienced significant price drops.

Brought to you by: EV Driven

1L5A0601.jpg

While used battery electric vehicle sales climbed dramatically in 2024 their values plunged according to a new report released this week. The 2024 Automotive Insight Report (AIR) was compiled by automotive data analytics experts AutoGrab in partnership with the Australian Automotive Dealer Association. The report found the used EV market experienced significant price drops.

Brought to you by: EV Driven

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