Trends in Used Electric Vehicle Market with Emphasis on Tesla

The used electric vehicle market, as detailed by CarMax, shows that when buying used electric vehicles, customers most frequently trade in cars from brands such as Toyota, Ford, and Honda The Ford F-150 and Honda Accord rank as the top traded-in vehicles Despite this, the Tesla Model 3 maintains its position as the most sought-after used EV. Over the last year, there has been a shift in which combustion vehicles are being traded in The pricing landscape of used Teslas reveals that the average cost of a Tesla Model 3 is approximately $34,045, while the Tesla Model Y averages at $43,896 Notably, the Tesla Model S emerges as the most expensive among the top ten used cars, carrying an average price tag of $45,574..