Home News Buying Tips Five Underrated Used EVs To Help You Through The Impending Gas Crisis Gas prices may be about to go up, but there are a lot of reasonably priced EV choices that could make fuel prices not a worry
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- Photo by: Patrick George Kevin Williams By : Kevin Williams Mar 18, at 2:37pm ET "/> Facebook X LinkedIn Flipboard Reddit WhatsApp E-Mail copy Share Comment Gas prices will likely go up, but there are lots of used EVs to choose from
- Depreciation hasn't been kind to some EV models, but it's not hard to find a cheap, not-so-old EV for less than $30,000
- The number of used EVs is likely to grow as more models end up on markets as leases end and fleets turn over older vehicles
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Oil is rocketing, cresting above $100 a barrel, and the U. is bogged down in the Middle East, with a conflict that could push prices higher. World economies are in panic, as we’re all staring down higher gas prices than we've seen in years. This all comes in the middle of a spree of EV cancellations and rising cost of living.
What This Means for EV Owners
I’m not going to spend this whole piece being Debbie Downer, though. On the flipside of high gas prices and scary-high payments on new cars, there’s a surprising glut of tempting EV models that are pretty dang cheap to buy. We’ve been watching some of the best new EV deals out there, but arguably, the used car market is the most competitive it's ever been. We’ve talked about a few, like the Hyundai Ioniq 6 or Chevrolet Bolt, but there are a lot of good EVs on the market that you may not have thought about.