Used-EV Prices Crashing, Cheaper Than Gas Cars Amid Shift Back to Hybrid

Consumers are pumping the brakes on electric-vehicle demand as technological limitations erase the premium buyers used to be willing to pay.

For the first time, used EVs are less expensive than their traditional gas counterparts. Not only are prices lower, they’re also plummeting at a much steeper clip, a recent report from iSeeCars said.