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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Americas+1 212 318 2000
EMEA+44 20 7330 7500
Asia Pacific+65 6212 1000
There’s arguably never been a better time to buy a slightly worn electric car or truck.
A customer looks at a used Tesla electric vehicle for sale at a dealership in Calabasas, California.
A year ago, the new Ford Mustang Mach-E GT had a sticker price around $55,000. A month ago, Jeff Craig, a retired realtor, bought a slightly used 2024 version for $33,000. In exchange for 12 months and 13,000 miles, Craig got a 22% discount.
“I really did want an electric vehicle and I never had any intention of buying new,” he said. “And I know what the depreciation is on any new vehicle, but I also had noticed the depreciation on the EVs appeared to be considerably more than a gas engine.”

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