Electric Cars Lead A Major Dip In Used-Vehicle Prices

There’s some welcome indications that after an extended period of pandemic-fueled sky-high used-vehicle values, transaction prices are finally on a downward trajectory. According to Cox Automotive, pre-owned models are, on average, now 10.1% cheaper than they were a year ago, which follows a whopping 45% jump in prices recorded from June 2020 to June…