Electric Cars Still Not Cheap Enough For Young Buyers

Just a heads up, we've doubled the number of used car prices we have been tracking - and have now posted them to the site. There was a period of time where American's were struggling & not buying many new cars. Now, people are beginning to trade in - or sell - cars they've held onto through the recession and are now buying new cars. Increased sales at American car companies Ford & GM have helped create a nice supply of used cars on the market these days.

Most of the cars selling well these days are still sub-compact sedan cars like the Honda Civic, Ford Focus and other similar models. Emerging in a few years will be more electric/hybrid used cars for sale - as the only ones really in plentiful supply are usually Toyota Prius's ... but even they sometimes can be tough to find a large selection in the used car market.

Eventually there will be a larger supply of electric/hybrid cars floating around in the used car market (at prices people can afford) ... that should create even more downward price pressure on traditional gasoline engines. Younger people would love to drive electric cars to save on gas, they just can't afford many models on the market today. That will change one day.

We'll keep tracking the used car market and provide some insight here. Until then, checkout our used car price guide and let us know what you think.

Thanks

Price Guide App Team